GPGI vs. CVSA

Last updated Aug 1, 2026

GPGI (GPGI, Inc.) and CVSA (Covista Inc.) are both stocks. GPGI operates in Conglomerates (Industrials), while CVSA operates in Education & Training Services (Consumer Defensive). Over the past 5 years, GPGI returned 10.55%/yr vs 28.00%/yr for CVSA. Their 0.17 correlation means their historical movements had little consistent relationship.

Performance

GPGI vs. CVSA - Performance Comparison

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

Returns By Period

In the year-to-date period, GPGI achieves a -31.51% return, which is significantly lower than CVSA's 20.66% return.

GPGI

• 1D: -2.00%
• 1M: -21.19%
• 6M: -43.98%
• YTD: -31.51%
• 1Y: -4.80%
• 3Y*: 31.52%
• 5Y*: 10.55%
• 10Y*: —
• ALL TIME*: 9.70%

CVSA

• 1D: -1.26%
• 1M: -3.87%
• 6M: 20.57%
• YTD: 20.66%
• 1Y: 8.78%
• 3Y*: 42.32%
• 5Y*: 28.00%
• 10Y*: 19.02%
• ALL TIME*: 14.72%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CVSA Covista Inc.	$37.87M	$44.47M	$41.94M
GPGI GPGI, Inc.	$17.22M	$19.68M	$30.94M

GPGI vs. CVSA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
GPGI GPGI, Inc.	-31.51%	51.42%	197.34%	9.98%	-40.19%	-18.79%	2.85%
CVSA Covista Inc.	20.66%	13.89%	54.11%	66.06%	20.09%	-12.93%	20.01%

Correlation

The correlation between GPGI and CVSA is 0.17, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.17
Correlation (3Y) Balances recent behavior with more history.	0.21
Correlation (5Y) Shows whether the relationship held over a longer period.	0.18
Correlation (All Time) Calculated using the full available price history since Nov 19, 2020	0.17

Fundamentals

Market Cap GPGI : $3.83B CVSA : $4.25B
EPS GPGI : -$2.23 CVSA : $6.95
PB Ratio GPGI : 1.23 CVSA : 3.18
Total Revenue (TTM) GPGI : $0.00 CVSA : $1.91B
Gross Profit (TTM) GPGI : -$2.00K CVSA : $1.11B
EBITDA (TTM) GPGI : -$314.11M CVSA : $431.35M

Return for Risk

GPGI vs. CVSA — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

GPGI

GPGI Risk / Return Rank: 40
GPGI Sharpe Ratio Rank: 39
GPGI Sortino Ratio Rank: 40
GPGI Omega Ratio Rank: 41
GPGI Calmar Ratio Rank: 40
GPGI Martin Ratio Rank: 39

CVSA

CVSA Risk / Return Rank: 51
CVSA Sharpe Ratio Rank: 52
CVSA Sortino Ratio Rank: 48
CVSA Omega Ratio Rank: 54
CVSA Calmar Ratio Rank: 51
CVSA Martin Ratio Rank: 50

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

GPGI vs. CVSA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GPGI, Inc. (GPGI) and Covista Inc. (CVSA). 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.

	GPGI	CVSA	Difference
Sharpe ratio: Return per unit of total volatility	-0.11	0.18	-0.30
Sortino ratio: Return per unit of downside risk	0.28	0.55	-0.28
Omega ratio: Gain probability vs. loss probability	1.04	1.10	-0.07
Calmar ratio: Return relative to maximum drawdown	-0.13	0.22	-0.35
Martin ratio: Return relative to average drawdown	-0.25	0.37	-0.62

GPGI vs. CVSA - Sharpe Ratio Comparison

The current GPGI Sharpe Ratio is -0.11, which is lower than the CVSA Sharpe Ratio of 0.18. The chart below compares the historical Sharpe Ratios of GPGI and CVSA, 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

GPGI vs. CVSA - Drawdown Comparison

The maximum GPGI drawdown since its inception was -59.12%, smaller than the maximum CVSA drawdown of -77.26%. Use the drawdown chart below to compare losses from any high point for GPGI and CVSA.

Drawdown Indicators

	GPGI	CVSA	Difference
Max Drawdown Largest peak-to-trough decline	-59.12%	-77.26%	+18.14%
Max Drawdown (1Y) Largest decline over 1 year	-55.68%	-42.14%	-13.54%
Max Drawdown (3Y) Largest decline over 3 years	-55.68%	-42.14%	-13.54%
Max Drawdown (5Y) Largest decline over 5 years	-57.39%	-50.23%	-7.16%
Max Drawdown (10Y) Largest decline over 10 years	—	-66.06%	—
Current Drawdown Current decline from peak	-49.22%	-19.16%	-30.06%
Average Drawdown Average peak-to-trough decline	-24.08%	-30.63%	+6.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	27.95%	25.13%	+2.82%

Volatility

GPGI vs. CVSA - Volatility Comparison

The current volatility for GPGI, Inc. (GPGI) is 15.89%, while Covista Inc. (CVSA) has a volatility of 19.02%. This indicates that GPGI experiences smaller price fluctuations and is considered to be less risky than CVSA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GPGI	CVSA	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.89%	19.02%	-3.13%
Volatility (6M) Calculated over the trailing 6-month period	51.85%	32.90%	+18.95%
Volatility (1Y) Calculated over the trailing 1-year period	62.06%	50.57%	+11.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.39%	42.75%	+8.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	48.29%	39.73%	+8.56%

Dividends

GPGI vs. CVSA - Dividend Comparison

GPGI's dividend yield for the trailing twelve months is around 0.04%, while CVSA has not paid dividends to shareholders.

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%
GPGI GPGI, Inc.	0.04%	0.00%	1.96%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both GPGI and CVSA in my portfolio?

GPGI and CVSA have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GPGI or CVSA?

CVSA has higher volatility (19.02%) compared to GPGI (15.89%). In terms of maximum drawdown, GPGI dropped -59.12% vs CVSA's -77.26%.

Which has better risk-adjusted returns?

CVSA currently has the higher Sharpe Ratio (0.18 vs -0.11), 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.