PAYX vs VIVK: Correlation
How closely do Paychex (PAYX) and Vivakor, Inc. (VIVK) trade together? Their weekly returns over three years give a correlation of -0.23, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PAYX and VIVK?
Over the past 3 years, PAYX and VIVK moved with a correlation of -0.23, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.32 over 1 year against -0.23 over 3. Over 5 years the correlation is -0.07, and the annualized covariance of weekly returns is -745.9 %².
VIVK is close to the least connected end of PAYX's tracked universe, ranking #36 of 37. Their recent paths diverged sharply: over the last 12 months PAYX outperformed by 95.2 percentage points (-4.8% for PAYX against -100.0% for VIVK). One caveat on sizing: VIVK is 7.0 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.
PAYX vs VIVK: side by side
| PAYX (Paychex) | VIVK (Vivakor, Inc.) | |
|---|---|---|
| 1-year return | -4.8% | -100.0% |
| 5-year return | +29.0% | -100.0% |
| Volatility (ann.) | 21.3% | 148.8% |
| Beta vs S&P 500 | 0.47 | 1.02 |
| Max drawdown (3Y) | -45.0% | -100.0% |
| Market cap | $45.0B | – |
| P/E (trailing) | 25.5 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | PAYX | VIVK |
|---|---|---|
| 2022 | -13.2% | -86.8% |
| 2023 | +6.2% | +1.8% |
| 2024 | +21.3% | +16.6% |
| 2025 | -17.5% | -99.2% |
| 2026 | +16.6% | -97.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PAYX and VIVK good diversifiers for each other?
By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.
FAQ
What is the correlation between PAYX and VIVK?
The PAYX/VIVK correlation stands at -0.23 on a 3-year window (1 year: -0.32, 5 years: -0.07), computed from weekly returns as of 2026-08-27.
Is VIVK a good diversifier for PAYX?
By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.
What does a correlation of -0.23 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/payx-vs-vivk.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/payx-vs-vivk/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: PAYX correlations · VIVK correlations
