PPC vs SVCO: Correlation
How closely do Pilgrim's Pride Corporation (PPC) and Silvaco Group, Inc. (SVCO) trade together? Their weekly returns over three years give a correlation of -0.28, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PPC and SVCO?
Over the past 3 years, PPC and SVCO moved with a correlation of -0.28, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.37) sits close to the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -737.7 %².
Out of 23 assets tracked against PPC, SVCO lands near the bottom at #23. Correlation aside, the last 12 months split them widely, with SVCO ahead by 78.0 points (-30.8% versus +47.2%). Risk is not evenly split, since SVCO carries 2.6 times the volatility of the other side.
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.
PPC vs SVCO: side by side
| PPC (Pilgrim's Pride Corporation) | SVCO (Silvaco Group, Inc.) | |
|---|---|---|
| 1-year return | -30.8% | +47.2% |
| 5-year return | +32.4% | n/a |
| Volatility (ann.) | 30.3% | 80.2% |
| Beta vs S&P 500 | -0.17 | 1.47 |
| Max drawdown (3Y) | -49.2% | -83.8% |
| Market cap | $7.4B | $0.2B |
| P/E (trailing) | 13.6 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PPC | SVCO |
|---|---|---|
| 2022 | -15.9% | – |
| 2023 | +16.6% | – |
| 2024 | +64.1% | – |
| 2025 | +1.4% | -49.9% |
| 2026 | -20.2% | +78.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PPC and SVCO good diversifiers for each other?
Yes: at -0.28, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between PPC and SVCO?
As of 2026-08-27, the correlation of weekly returns between PPC and SVCO is -0.28 over 3 years, -0.37 over 1 year and n/a over 5 years.
Is SVCO a good diversifier for PPC?
Yes: at -0.28, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.28 mean?
A reading of -0.28 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/ppc-vs-svco.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ppc-vs-svco/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: PPC correlations · SVCO correlations
