PRVA vs UVSP: Correlation
How closely do Privia Health Group, Inc. (PRVA) and Univest Financial Corporation (UVSP) trade together? Their weekly returns over three years give a correlation of 0.46, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PRVA and UVSP?
Across a 3-year window, the weekly returns of PRVA and UVSP correlate at 0.46, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.21 versus 0.46 over 3 years. Stretching to 5 years gives 0.27, with an annualized covariance of 465.2 %².
By 3-year correlation, UVSP places #5 of the 11 assets tracked against PRVA. Correlation aside, the last 12 months split them widely, with UVSP ahead by 38.1 points (-4.1% versus +34.0%).
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 UVSP: side by side
| PRVA (Privia Health Group, Inc.) | UVSP (Univest Financial Corporation) | |
|---|---|---|
| 1-year return | -4.1% | +34.0% |
| 5-year return | -36.0% | +81.7% |
| Volatility (ann.) | 34.7% | 29.4% |
| Beta vs S&P 500 | 0.73 | 0.81 |
| Max drawdown (3Y) | -40.0% | -20.9% |
| Market cap | $2.7B | $1.1B |
| P/E (trailing) | 94.8 | 12.0 |
| Dividend yield | 0.00% | 2.16% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PRVA | UVSP |
|---|---|---|
| 2022 | -12.2% | -9.9% |
| 2023 | +1.4% | -12.1% |
| 2024 | -15.1% | +38.8% |
| 2025 | +21.3% | +14.3% |
| 2026 | -12.0% | +29.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PRVA and UVSP good diversifiers for each other?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between PRVA and UVSP?
Using weekly returns as of 2026-08-27: 0.46 over 3 years, with 0.21 over the last year and 0.27 over 5 years.
Is UVSP a good diversifier for PRVA?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.46 mean?
A reading of 0.46 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/prva-vs-uvsp.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/prva-vs-uvsp/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: PRVA correlations · UVSP correlations
