NVR vs SOC: Correlation
Measured on weekly returns over the past three years, NVR, Inc. (NVR) and Sable Offshore Corp. (SOC) carry a correlation of -0.25, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NVR and SOC?
Across a 3-year window, the weekly returns of NVR and SOC correlate at -0.25, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.42) runs below the 3-year figure (-0.25). Stretching to 5 years gives -0.18, with an annualized covariance of -584.9 %².
By 3-year correlation, SOC places #31 of the 38 assets tracked against NVR. The last year tells two different stories: NVR led by 62.8 percentage points, -20.8% for NVR against -83.6% for SOC. One caveat on sizing: SOC is 4.3 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.
NVR vs SOC: side by side
| NVR (NVR, Inc.) | SOC (Sable Offshore Corp.) | |
|---|---|---|
| 1-year return | -20.8% | -83.6% |
| 5-year return | +24.2% | -51.7% |
| Volatility (ann.) | 23.4% | 101.7% |
| Beta vs S&P 500 | 0.53 | 0.03 |
| Max drawdown (3Y) | -43.9% | -90.7% |
| Market cap | $17.0B | $0.9B |
| P/E (trailing) | 16.6 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | NVR | SOC |
|---|---|---|
| 2022 | -21.9% | +3.4% |
| 2023 | +51.8% | +13.3% |
| 2024 | +16.8% | +101.1% |
| 2025 | -10.8% | -60.6% |
| 2026 | -12.7% | -48.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NVR and SOC good diversifiers for each other?
Yes. With a correlation of -0.25, NVR and SOC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between NVR and SOC?
As of 2026-08-27, the correlation of weekly returns between NVR and SOC is -0.25 over 3 years, -0.42 over 1 year and -0.18 over 5 years.
Is SOC a good diversifier for NVR?
Yes. With a correlation of -0.25, NVR and SOC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.25 mean?
A reading of -0.25 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/nvr-vs-soc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/nvr-vs-soc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: NVR correlations · SOC correlations
