VAL vs VIVK: Correlation
Measured on weekly returns over the past three years, Valaris Limited (VAL) and Vivakor, Inc. (VIVK) carry a correlation of 0.35, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are VAL and VIVK?
On 3 years of weekly data the VAL/VIVK correlation comes out at 0.35, moderate. The past 12 months show a tighter link (0.57) than the 3-year average (0.35). The 5-year figure is 0.29, and annualized covariance runs at 2768.6 %².
Within VAL's tracked universe of 22 assets, VIVK comes in at #13 by 3-year correlation. Correlation aside, the last 12 months split them widely, with VAL ahead by 173.3 points (+73.3% versus -100.0%). Note the risk asymmetry: VIVK runs 2.8 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.
VAL vs VIVK: side by side
| VAL (Valaris Limited) | VIVK (Vivakor, Inc.) | |
|---|---|---|
| 1-year return | +73.3% | -100.0% |
| 5-year return | +200.2% | -100.0% |
| Volatility (ann.) | 52.9% | 148.8% |
| Beta vs S&P 500 | 0.77 | 1.02 |
| Max drawdown (3Y) | -63.8% | -100.0% |
| Market cap | $5.9B | – |
| P/E (trailing) | 6.3 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | VAL | VIVK |
|---|---|---|
| 2022 | +87.8% | -86.8% |
| 2023 | +1.4% | +1.8% |
| 2024 | -35.5% | +16.6% |
| 2025 | +13.9% | -99.2% |
| 2026 | +69.5% | -97.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are VAL and VIVK good diversifiers for each other?
Reasonably. At 0.35, VAL and VIVK keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between VAL and VIVK?
As of 2026-08-27, the correlation of weekly returns between VAL and VIVK is 0.35 over 3 years, 0.57 over 1 year and 0.29 over 5 years.
Is VIVK a good diversifier for VAL?
Reasonably. At 0.35, VAL and VIVK keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.35 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/val-vs-vivk.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/val-vs-vivk/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: VAL correlations · VIVK correlations
