CVSA vs. OLA.TO
CVSA (Covista Inc.) and OLA.TO (Orla Mining Ltd.) are both stocks. CVSA operates in Education & Training Services (Consumer Defensive), while OLA.TO operates in Gold (Basic Materials). Over the past 5 years, CVSA returned 26.78%/yr vs 18.27%/yr for OLA.TO. At a 0.07 correlation, their price movements are largely independent.
Performance
CVSA vs. OLA.TO - Performance Comparison
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Different Trading Currencies
CVSA is traded in USD, while OLA.TO is traded in CAD. To make them comparable, the OLA.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, CVSA achieves a 24.09% return, which is significantly higher than OLA.TO's -20.79% return.
CVSA
- 1D
- -2.65%
- 1M
- -0.31%
- YTD
- 24.09%
- 6M
- 38.24%
- 1Y
- 7.05%
- 3Y*
- 46.81%
- 5Y*
- 26.78%
- 10Y*
- 22.50%
OLA.TO
- 1D
- 2.89%
- 1M
- -26.70%
- YTD
- -20.79%
- 6M
- -18.29%
- 1Y
- -2.73%
- 3Y*
- 38.94%
- 5Y*
- 18.27%
- 10Y*
- —
CVSA vs. OLA.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CVSA Covista Inc. | 24.09% | 13.89% | 54.11% | 66.06% | 20.09% | -12.93% | -2.92% | -26.10% | 12.53% | 32.44% |
OLA.TO Orla Mining Ltd. | -20.79% | 143.00% | 69.88% | -19.25% | 6.70% | -29.56% | 251.34% | 98.66% | -45.59% | 37.94% |
Correlation
The correlation between CVSA and OLA.TO is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Feb 9, 2017 | 0.07 |
Fundamentals
CVSA:
$4.47B
OLA.TO:
CA$5.95B
CVSA:
$6.88
OLA.TO:
CA$0.82
CVSA:
18.67
OLA.TO:
18.13
CVSA:
0.60
OLA.TO:
0.29
CVSA:
2.45
OLA.TO:
3.56
CVSA:
3.27
OLA.TO:
5.64
CVSA:
$1.91B
OLA.TO:
CA$1.59B
CVSA:
$1.11B
OLA.TO:
CA$848.41M
CVSA:
$431.35M
OLA.TO:
CA$966.01M
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Return for Risk
CVSA vs. OLA.TO — Risk / Return Rank
CVSA
OLA.TO
CVSA vs. OLA.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Covista Inc. (CVSA) and Orla Mining Ltd. (OLA.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CVSA | OLA.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.19 | ||
| Sortino ratioReturn per unit of downside risk | +0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.06 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 0.17 | -0.05 | +0.22 |
| Martin ratioReturn relative to average drawdown | 0.29 | -0.13 | +0.42 |
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Drawdowns
CVSA vs. OLA.TO - Drawdown Comparison
The maximum CVSA drawdown since its inception was -77.26%, which is greater than OLA.TO's maximum drawdown of -57.88%. Use the drawdown chart below to compare losses from any high point for CVSA and OLA.TO.
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Drawdown Indicators
| CVSA | OLA.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.26% | -57.88% | -19.38% |
Max Drawdown (1Y)Largest decline over 1 year | -42.14% | -54.91% | +12.77% |
Max Drawdown (3Y)Largest decline over 3 years | -42.14% | -54.91% | +12.77% |
Max Drawdown (5Y)Largest decline over 5 years | -50.23% | -54.91% | +4.68% |
Max Drawdown (10Y)Largest decline over 10 years | -66.06% | — | — |
Current DrawdownCurrent decline from peak | -16.87% | -50.87% | +34.00% |
Average DrawdownAverage peak-to-trough decline | -30.66% | -23.16% | -7.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.19% | 21.68% | +2.51% |
Volatility
CVSA vs. OLA.TO - Volatility Comparison
The current volatility for Covista Inc. (CVSA) is 9.20%, while Orla Mining Ltd. (OLA.TO) has a volatility of 23.07%. This indicates that CVSA experiences smaller price fluctuations and is considered to be less risky than OLA.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CVSA | OLA.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.20% | 23.07% | -13.87% |
Volatility (6M)Calculated over the trailing 6-month period | 27.97% | 51.52% | -23.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.70% | 73.18% | -26.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.15% | 58.92% | -16.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.43% | 57.20% | -17.77% |
Dividends
CVSA vs. OLA.TO - Dividend Comparison
CVSA has not paid dividends to shareholders, while OLA.TO's dividend yield for the trailing twelve months is around 0.28%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CVSA Covista Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.15% | 1.42% |
OLA.TO Orla Mining Ltd. | 0.28% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
CVSA vs. OLA.TO - Financials Comparison
This section allows you to compare key financial metrics between Covista Inc. and Orla Mining Ltd.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
CVSA vs. OLA.TO - Profitability Comparison
CVSA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Covista Inc. reported a gross profit of 290.93M and revenue of 487.03M. Therefore, the gross margin over that period was 59.7%.
OLA.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Orla Mining Ltd. reported a gross profit of 296.32M and revenue of 519.71M. Therefore, the gross margin over that period was 57.0%.
CVSA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Covista Inc. reported an operating income of 92.21M and revenue of 487.03M, resulting in an operating margin of 18.9%.
OLA.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Orla Mining Ltd. reported an operating income of 274.55M and revenue of 519.71M, resulting in an operating margin of 52.8%.
CVSA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Covista Inc. reported a net income of 57.98M and revenue of 487.03M, resulting in a net margin of 11.9%.
OLA.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Orla Mining Ltd. reported a net income of 103.43M and revenue of 519.71M, resulting in a net margin of 19.9%.
Frequently Asked Questions
CVSA and OLA.TO have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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