WEAV vs. PRVA

Last updated Aug 1, 2026

WEAV (Weave Communications, Inc.) and PRVA (Privia Health Group, Inc.) are both stocks. WEAV operates in Software - Application (Technology), while PRVA operates in Health Information Services (Healthcare). Over the past 3 years, WEAV returned -17.29%/yr vs -5.11%/yr for PRVA. Their 0.35 correlation means their historical movements had little consistent relationship.

Performance

WEAV vs. PRVA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Weave Communications, Inc. (WEAV) and Privia Health Group, Inc. (PRVA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WEAV achieves a -13.83% return, which is significantly lower than PRVA's -0.17% return.

WEAV

• 1D: -0.30%
• 1M: -0.61%
• 6M: 0.62%
• YTD: -13.83%
• 1Y: -4.25%
• 3Y*: -17.29%
• 5Y*: —
• 10Y*: —
• ALL TIME*: -22.53%

PRVA

• 1D: -0.80%
• 1M: -13.49%
• 6M: 1.94%
• YTD: -0.17%
• 1Y: 25.50%
• 3Y*: -5.11%
• 5Y*: -10.62%
• 10Y*: —
• ALL TIME*: 0.55%

*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)
PRVA Privia Health Group, Inc.	$24.64M	$29.65M	$27.52M
WEAV Weave Communications, Inc.	$6.37M	$7.30M	$6.75M

WEAV vs. PRVA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
WEAV Weave Communications, Inc.	-13.83%	-52.32%	38.80%	150.44%	-69.83%	-30.37%
PRVA Privia Health Group, Inc.	-0.17%	21.28%	-15.11%	1.41%	-12.21%	-19.51%

Correlation

The correlation between WEAV and PRVA is 0.36, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.36
Correlation (3Y) Balances recent behavior with more history.	0.33
Correlation (All Time) Calculated using the full available price history since Nov 11, 2021	0.35

Fundamentals

Market Cap WEAV : $520.36M PRVA : $2.98B
EPS WEAV : -$0.32 PRVA : $23.71
PS Ratio WEAV : 2.04 PRVA : 1.37
PB Ratio WEAV : 6.17 PRVA : 0.00
Total Revenue (TTM) WEAV : $248.72M PRVA : $2.25B
Gross Profit (TTM) WEAV : $179.90M PRVA : $158.32M
EBITDA (TTM) WEAV : -$12.23M PRVA : $53.65M

Return for Risk

WEAV vs. PRVA — Risk / Return Rank

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

WEAV

WEAV Risk / Return Rank: 36
WEAV Sharpe Ratio Rank: 36
WEAV Sortino Ratio Rank: 37
WEAV Omega Ratio Rank: 36
WEAV Calmar Ratio Rank: 37
WEAV Martin Ratio Rank: 36

PRVA

PRVA Risk / Return Rank: 64
PRVA Sharpe Ratio Rank: 67
PRVA Sortino Ratio Rank: 63
PRVA Omega Ratio Rank: 59
PRVA Calmar Ratio Rank: 64
PRVA Martin Ratio Rank: 64

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.

WEAV vs. PRVA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Weave Communications, Inc. (WEAV) and Privia Health Group, Inc. (PRVA). 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.

	WEAV	PRVA	Difference
Sharpe ratio: Return per unit of total volatility	-0.18	0.66	-0.84
Sortino ratio: Return per unit of downside risk	0.13	1.20	-1.06
Omega ratio: Gain probability vs. loss probability	1.02	1.13	-0.12
Calmar ratio: Return relative to maximum drawdown	-0.23	0.88	-1.11
Martin ratio: Return relative to average drawdown	-0.42	1.94	-2.37

WEAV vs. PRVA - Sharpe Ratio Comparison

The current WEAV Sharpe Ratio is -0.18, which is lower than the PRVA Sharpe Ratio of 0.66. The chart below compares the historical Sharpe Ratios of WEAV and PRVA, 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

WEAV vs. PRVA - Drawdown Comparison

The maximum WEAV drawdown since its inception was -86.06%, which is greater than PRVA's maximum drawdown of -67.33%. Use the drawdown chart below to compare losses from any high point for WEAV and PRVA.

Drawdown Indicators

	WEAV	PRVA	Difference
Max Drawdown Largest peak-to-trough decline	-86.06%	-67.33%	-18.73%
Max Drawdown (1Y) Largest decline over 1 year	-45.92%	-24.17%	-21.75%
Max Drawdown (3Y) Largest decline over 3 years	-74.94%	-41.15%	-33.79%
Max Drawdown (5Y) Largest decline over 5 years	—	-62.56%	—
Current Drawdown Current decline from peak	-70.00%	-51.94%	-18.06%
Average Drawdown Average peak-to-trough decline	-60.68%	-48.73%	-11.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	24.65%	10.98%	+13.67%

Volatility

WEAV vs. PRVA - Volatility Comparison

Weave Communications, Inc. (WEAV) has a higher volatility of 17.91% compared to Privia Health Group, Inc. (PRVA) at 8.10%. This indicates that WEAV's price experiences larger fluctuations and is considered to be riskier than PRVA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WEAV	PRVA	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.91%	8.10%	+9.81%
Volatility (6M) Calculated over the trailing 6-month period	45.84%	24.21%	+21.63%
Volatility (1Y) Calculated over the trailing 1-year period	57.19%	32.49%	+24.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	64.63%	48.24%	+16.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	64.63%	53.99%	+10.64%

Dividends

WEAV vs. PRVA - Dividend Comparison

Neither WEAV nor PRVA has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both WEAV and PRVA in my portfolio?

WEAV and PRVA have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WEAV or PRVA?

WEAV has higher volatility (17.91%) compared to PRVA (8.10%). In terms of maximum drawdown, WEAV dropped -86.06% vs PRVA's -67.33%.

Which has better risk-adjusted returns?

PRVA currently has the higher Sharpe Ratio (0.66 vs -0.18), 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.