USPH vs VSAT: Correlation
Measured on weekly returns over the past three years, U.S. Physical Therapy, Inc. (USPH) and ViaSat, Inc. (VSAT) carry a correlation of 0.37, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are USPH and VSAT?
On 3 years of weekly data the USPH/VSAT correlation comes out at 0.37, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.22 versus 0.37 over 3 years. The 5-year figure is 0.31, and annualized covariance runs at 1030.1 %².
By 3-year correlation, VSAT places #9 of the 15 assets tracked against USPH. Correlation aside, the last 12 months split them widely, with VSAT ahead by 127.9 points (-4.1% versus +123.8%). Note the risk asymmetry: VSAT runs 2.4 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
USPH vs VSAT: side by side
| USPH (U.S. Physical Therapy, Inc.) | VSAT (ViaSat, Inc.) | |
|---|---|---|
| 1-year return | -4.1% | +123.8% |
| 5-year return | -25.3% | +40.0% |
| Volatility (ann.) | 33.7% | 82.3% |
| Beta vs S&P 500 | 0.84 | 1.26 |
| Max drawdown (3Y) | -45.4% | -76.4% |
| Market cap | $1.2B | $10.0B |
| P/E (trailing) | 465.3 | – |
| Dividend yield | 2.33% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | USPH | VSAT |
|---|---|---|
| 2022 | -13.7% | -28.9% |
| 2023 | +17.0% | -11.7% |
| 2024 | -3.0% | -69.6% |
| 2025 | -9.9% | +304.9% |
| 2026 | +3.3% | +111.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are USPH and VSAT good diversifiers for each other?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between USPH and VSAT?
The USPH/VSAT correlation stands at 0.37 on a 3-year window (1 year: 0.22, 5 years: 0.31), computed from weekly returns as of 2026-08-27.
Is VSAT a good diversifier for USPH?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.37 mean?
On the −1 to +1 scale, 0.37 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/usph-vs-vsat.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/usph-vs-vsat/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: USPH correlations · VSAT correlations
