CVSA vs. PRDO

Last updated Jun 13, 2026

CVSA (Covista Inc.) and PRDO (Perdoceo Education Corporation) are both stocks. Both operate in the Education & Training Services industry within the Consumer Defensive sector. Over the past 10 years, CVSA returned 22.50%/yr vs 20.32%/yr for PRDO. At a 0.45 correlation, their price movements are largely independent.

Performance

CVSA vs. PRDO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Covista Inc. (CVSA) and Perdoceo Education Corporation (PRDO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CVSA achieves a 24.09% return, which is significantly higher than PRDO's 17.13% return. Over the past 10 years, CVSA has outperformed PRDO with an annualized return of 22.50%, while PRDO has yielded a comparatively lower 20.32% 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%

PRDO

• 1D: -3.60%
• 1M: -2.07%
• YTD: 17.13%
• 6M: 18.99%
• 1Y: 8.84%
• 3Y*: 42.27%
• 5Y*: 23.24%
• 10Y*: 20.32%

*Multi-year figures are annualized to reflect compound growth (CAGR)

CVSA vs. PRDO - 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%
PRDO Perdoceo Education Corporation	17.13%	12.94%	54.04%	27.99%	18.20%	-6.89%	-31.32%	61.03%	-5.46%	19.72%

Correlation

The correlation between CVSA and PRDO is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.63
Correlation (3Y) Calculated over the trailing 3-year period	0.56
Correlation (5Y) Calculated over the trailing 5-year period	0.58
Correlation (10Y) Calculated over the trailing 10-year period	0.55
Correlation (All Time) Calculated using the full available price history since Jan 29, 1998	0.45

The correlation between CVSA and PRDO shifts across timeframes, from 0.45 (all time) to 0.63 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap CVSA : $4.47B PRDO : $2.16B
EPS CVSA : $6.88 PRDO : $2.61
PE Ratio CVSA : 18.67 PRDO : 13.07
PEG Ratio CVSA : 0.60 PRDO : 0.90
PS Ratio CVSA : 2.45 PRDO : 2.60
PB Ratio CVSA : 3.27 PRDO : 2.16
Total Revenue (TTM) CVSA : $1.91B PRDO : $854.84M
Gross Profit (TTM) CVSA : $1.11B PRDO : $442.47M
EBITDA (TTM) CVSA : $431.35M PRDO : $269.29M

Return for Risk

CVSA vs. PRDO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CVSA

CVSA Risk / Return Rank: 47
CVSA Sharpe Ratio Rank: 48
CVSA Sortino Ratio Rank: 44
CVSA Omega Ratio Rank: 49
CVSA Calmar Ratio Rank: 46
CVSA Martin Ratio Rank: 46

PRDO

PRDO Risk / Return Rank: 50
PRDO Sharpe Ratio Rank: 54
PRDO Sortino Ratio Rank: 46
PRDO Omega Ratio Rank: 47
PRDO Calmar Ratio Rank: 51
PRDO Martin Ratio Rank: 51

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CVSA vs. PRDO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Covista Inc. (CVSA) and Perdoceo Education Corporation (PRDO). 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	PRDO	Difference
Sharpe ratio: Return per unit of total volatility	0.15	0.29	-0.14
Sortino ratio: Return per unit of downside risk	0.50	0.59	-0.10
Omega ratio: Gain probability vs. loss probability	1.10	1.08	+0.01
Calmar ratio: Return relative to maximum drawdown	0.17	0.33	-0.16
Martin ratio: Return relative to average drawdown	0.29	0.72	-0.42

CVSA vs. PRDO - Sharpe Ratio Comparison

The current CVSA Sharpe Ratio is 0.15, which is lower than the PRDO Sharpe Ratio of 0.29. The chart below compares the historical Sharpe Ratios of CVSA and PRDO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CVSA vs. PRDO - Drawdown Comparison

The maximum CVSA drawdown since its inception was -77.26%, smaller than the maximum PRDO drawdown of -97.10%. Use the drawdown chart below to compare losses from any high point for CVSA and PRDO.

Drawdown Indicators

	CVSA	PRDO	Difference
Max Drawdown Largest peak-to-trough decline	-77.26%	-97.10%	+19.84%
Max Drawdown (1Y) Largest decline over 1 year	-42.14%	-27.22%	-14.92%
Max Drawdown (3Y) Largest decline over 3 years	-42.14%	-27.22%	-14.92%
Max Drawdown (5Y) Largest decline over 5 years	-50.23%	-27.42%	-22.81%
Max Drawdown (10Y) Largest decline over 10 years	-66.06%	-64.27%	-1.79%
Current Drawdown Current decline from peak	-16.87%	-48.70%	+31.83%
Average Drawdown Average peak-to-trough decline	-30.66%	-60.36%	+29.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	24.19%	12.35%	+11.84%

Volatility

CVSA vs. PRDO - Volatility Comparison

Covista Inc. (CVSA) has a higher volatility of 9.20% compared to Perdoceo Education Corporation (PRDO) at 8.06%. This indicates that CVSA's price experiences larger fluctuations and is considered to be riskier than PRDO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CVSA	PRDO	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.20%	8.06%	+1.14%
Volatility (6M) Calculated over the trailing 6-month period	27.97%	21.38%	+6.59%
Volatility (1Y) Calculated over the trailing 1-year period	46.70%	30.80%	+15.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.15%	35.19%	+6.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.43%	38.11%	+1.32%

Dividends

CVSA vs. PRDO - Dividend Comparison

CVSA has not paid dividends to shareholders, while PRDO's dividend yield for the trailing twelve months is around 1.76%.

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%
PRDO Perdoceo Education Corporation	1.76%	1.91%	1.81%	1.25%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

CVSA vs. PRDO - Profitability Comparison

The chart below illustrates the profitability comparison between Covista Inc. and Perdoceo Education Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

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%.

PRDO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Perdoceo Education Corporation reported a gross profit of 0.00 and revenue of 221.74M. Therefore, the gross margin over that period was 0.0%.

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%.

PRDO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Perdoceo Education Corporation reported an operating income of 63.12M and revenue of 221.74M, resulting in an operating margin of 28.5%.

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%.

PRDO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Perdoceo Education Corporation reported a net income of 53.95M and revenue of 221.74M, resulting in a net margin of 24.3%.

Frequently Asked Questions

Can I hold both CVSA and PRDO in my portfolio?

CVSA and PRDO have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CVSA or PRDO?

CVSA has higher volatility (9.20%) compared to PRDO (8.06%). In terms of maximum drawdown, CVSA dropped -77.26% vs PRDO's -97.10%.

Which has better risk-adjusted returns?

PRDO currently has the higher Sharpe Ratio (0.29 vs 0.15), 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.