KVHI vs SOAR: Correlation
KVH Industries, Inc. (KVHI) and Volato Group, Inc. (SOAR) show a negative relationship: their 3-year correlation of weekly returns is -0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KVHI and SOAR?
On 3 years of weekly data the KVHI/SOAR correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.49) runs below the 3-year figure (-0.22). The 5-year figure is -0.18, and annualized covariance runs at -1306.9 %².
By 3-year correlation, SOAR places #11 of the 19 assets tracked against KVHI. The last year tells two different stories: KVHI led by 126.8 percentage points, +39.9% for KVHI against -86.9% for SOAR. One caveat on sizing: SOAR is 3.4 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
KVHI vs SOAR: side by side
| KVHI (KVH Industries, Inc.) | SOAR (Volato Group, Inc.) | |
|---|---|---|
| 1-year return | +39.9% | -86.9% |
| 5-year return | -25.9% | -99.9% |
| Volatility (ann.) | 41.7% | 140.6% |
| Beta vs S&P 500 | 0.20 | 1.26 |
| Max drawdown (3Y) | -35.9% | -100.0% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KVHI | SOAR |
|---|---|---|
| 2022 | +11.2% | – |
| 2023 | -48.5% | -62.9% |
| 2024 | +8.4% | -93.5% |
| 2025 | +22.3% | -88.2% |
| 2026 | +10.8% | -68.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KVHI and SOAR good diversifiers for each other?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between KVHI and SOAR?
As of 2026-08-27, the correlation of weekly returns between KVHI and SOAR is -0.22 over 3 years, -0.49 over 1 year and -0.18 over 5 years.
Is SOAR a good diversifier for KVHI?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.22 mean?
A reading of -0.22 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/kvhi-vs-soar.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/kvhi-vs-soar/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: KVHI correlations · SOAR correlations
