CVSA vs. PM
CVSA (Covista Inc.) and PM (Philip Morris International Inc.) are both stocks. Both are in the Consumer Defensive sector — CVSA in Education & Training Services, PM in Tobacco. Over the past 10 years, CVSA returned 22.50%/yr vs 11.71%/yr for PM. At a 0.18 correlation, their price movements are largely independent.
Performance
CVSA vs. PM - Performance Comparison
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Returns By Period
In the year-to-date period, CVSA achieves a 24.09% return, which is significantly higher than PM's 15.93% return. Over the past 10 years, CVSA has outperformed PM with an annualized return of 22.50%, while PM has yielded a comparatively lower 11.71% annualized 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%
PM
- 1D
- 1.95%
- 1M
- -1.92%
- YTD
- 15.93%
- 6M
- 22.12%
- 1Y
- 3.66%
- 3Y*
- 31.18%
- 5Y*
- 18.78%
- 10Y*
- 11.71%
CVSA vs. PM - 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% | 34.78% |
PM Philip Morris International Inc. | 15.93% | 37.99% | 34.34% | -1.85% | 12.31% | 20.78% | 3.69% | 35.02% | -33.30% | 19.85% |
Correlation
The correlation between CVSA and PM 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 | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Mar 17, 2008 | 0.18 |
The correlation between CVSA and PM shifts across timeframes, from 0.06 (1 year) to 0.18 (all time), reflecting how their relationship changes across market environments.
Fundamentals
CVSA:
$4.47B
PM:
$288.03B
CVSA:
$6.88
PM:
$7.12
CVSA:
18.67
PM:
25.90
CVSA:
0.60
PM:
2.81
CVSA:
2.45
PM:
6.93
CVSA:
$1.91B
PM:
$41.49B
CVSA:
$1.11B
PM:
$27.93B
CVSA:
$431.35M
PM:
$17.74B
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Return for Risk
CVSA vs. PM — Risk / Return Rank
CVSA
PM
CVSA vs. PM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Covista Inc. (CVSA) and Philip Morris International Inc. (PM). 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 | PM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.02 | ||
| Sortino ratioReturn per unit of downside risk | +0.13 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.05 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 0.17 | 0.18 | -0.01 |
| Martin ratioReturn relative to average drawdown | 0.29 | 0.34 | -0.05 |
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Drawdowns
CVSA vs. PM - Drawdown Comparison
The maximum CVSA drawdown since its inception was -77.26%, which is greater than PM's maximum drawdown of -42.87%. Use the drawdown chart below to compare losses from any high point for CVSA and PM.
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Drawdown Indicators
| CVSA | PM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.26% | -42.87% | -34.39% |
Max Drawdown (1Y)Largest decline over 1 year | -42.14% | -20.64% | -21.50% |
Max Drawdown (3Y)Largest decline over 3 years | -42.14% | -20.64% | -21.50% |
Max Drawdown (5Y)Largest decline over 5 years | -50.23% | -22.78% | -27.45% |
Max Drawdown (10Y)Largest decline over 10 years | -66.06% | -42.87% | -23.19% |
Current DrawdownCurrent decline from peak | -16.87% | -3.94% | -12.93% |
Average DrawdownAverage peak-to-trough decline | -30.66% | -10.02% | -20.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.19% | 10.81% | +13.38% |
Volatility
CVSA vs. PM - Volatility Comparison
Covista Inc. (CVSA) has a higher volatility of 9.20% compared to Philip Morris International Inc. (PM) at 7.76%. This indicates that CVSA's price experiences larger fluctuations and is considered to be riskier than PM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CVSA | PM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.20% | 7.76% | +1.44% |
Volatility (6M)Calculated over the trailing 6-month period | 27.97% | 21.07% | +6.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.70% | 27.73% | +18.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.15% | 22.73% | +19.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.43% | 24.46% | +14.97% |
Dividends
CVSA vs. PM - Dividend Comparison
CVSA has not paid dividends to shareholders, while PM's dividend yield for the trailing twelve months is around 3.13%.
| 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% |
PM Philip Morris International Inc. | 3.13% | 3.52% | 4.40% | 5.46% | 4.98% | 5.16% | 5.73% | 5.43% | 6.73% | 3.99% | 4.50% | 4.60% |
Financials
CVSA vs. PM - Financials Comparison
This section allows you to compare key financial metrics between Covista Inc. and Philip Morris International Inc.. 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. PM - 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%.
PM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Philip Morris International Inc. reported a gross profit of 6.91B and revenue of 10.15B. Therefore, the gross margin over that period was 68.1%.
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%.
PM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Philip Morris International Inc. reported an operating income of 3.89B and revenue of 10.15B, resulting in an operating margin of 38.4%.
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%.
PM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Philip Morris International Inc. reported a net income of 2.44B and revenue of 10.15B, resulting in a net margin of 24.0%.
Frequently Asked Questions
CVSA and PM 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.
CVSA has higher volatility (9.20%) compared to PM (7.76%). In terms of maximum drawdown, CVSA dropped -77.26% vs PM's -42.87%.
CVSA currently has the higher Sharpe Ratio (0.15 vs 0.13), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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