PRVA vs PSIG: Correlation
Measured on weekly returns over the past three years, Privia Health Group, Inc. (PRVA) and PS International Group Ltd. (PSIG) carry a correlation of -0.21, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PRVA and PSIG?
Over the past 3 years, PRVA and PSIG moved with a correlation of -0.21, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.22) sits close to the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -1057.5 %².
Among the 11 assets we track against PRVA, PSIG sits near the bottom by co-movement, at rank #9. The last year tells two different stories: PRVA led by 49.8 percentage points, -4.1% for PRVA against -53.9% for PSIG. Risk is not evenly split, since PSIG carries 4.5 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.
PRVA vs PSIG: side by side
| PRVA (Privia Health Group, Inc.) | PSIG (PS International Group Ltd.) | |
|---|---|---|
| 1-year return | -4.1% | -53.9% |
| 5-year return | -36.0% | n/a |
| Volatility (ann.) | 34.7% | 157.0% |
| Beta vs S&P 500 | 0.73 | 0.97 |
| Max drawdown (3Y) | -40.0% | -96.0% |
| Market cap | $2.7B | – |
| P/E (trailing) | 94.8 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PRVA | PSIG |
|---|---|---|
| 2022 | -12.2% | – |
| 2023 | +1.4% | – |
| 2024 | -15.1% | – |
| 2025 | +21.3% | +8.3% |
| 2026 | -12.0% | -62.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PRVA and PSIG good diversifiers for each other?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between PRVA and PSIG?
The PRVA/PSIG correlation stands at -0.21 on a 3-year window (1 year: -0.22, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is PSIG a good diversifier for PRVA?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.21 mean?
On the −1 to +1 scale, -0.21 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/prva-vs-psig.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/prva-vs-psig/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: PRVA correlations · PSIG correlations
