SHC vs VISN: Correlation
Measured on weekly returns over the past three years, Sotera Health Company (SHC) and Vistance Networks, Inc. (VISN) carry a correlation of 0.47, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SHC and VISN?
Over the past 3 years, SHC and VISN moved with a correlation of 0.47, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.20 versus 0.47 over 3 years. Over 5 years the correlation is 0.31, and the annualized covariance of weekly returns is 2005.7 %².
Within SHC's tracked universe of 15 assets, VISN comes in at #7 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months VISN outperformed by 29.7 percentage points (+18.1% for SHC against +47.8% for VISN). One caveat on sizing: VISN is 2.6 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.
SHC vs VISN: side by side
| SHC (Sotera Health Company) | VISN (Vistance Networks, Inc.) | |
|---|---|---|
| 1-year return | +18.1% | +47.8% |
| 5-year return | -21.9% | +50.2% |
| Volatility (ann.) | 40.4% | 105.2% |
| Beta vs S&P 500 | 1.09 | 1.73 |
| Max drawdown (3Y) | -43.5% | -76.6% |
| Market cap | $5.6B | $2.7B |
| P/E (trailing) | 34.2 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SHC | VISN |
|---|---|---|
| 2022 | -64.6% | -33.4% |
| 2023 | +102.3% | -61.6% |
| 2024 | -18.8% | +84.8% |
| 2025 | +28.9% | +248.0% |
| 2026 | +10.4% | +31.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SHC and VISN good diversifiers for each other?
A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between SHC and VISN?
As of 2026-08-27, the correlation of weekly returns between SHC and VISN is 0.47 over 3 years, 0.20 over 1 year and 0.31 over 5 years.
Is VISN a good diversifier for SHC?
A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.47 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/shc-vs-visn.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/shc-vs-visn/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: SHC correlations · VISN correlations
