A vs VRRM: Correlation
How closely do Agilent Technologies (A) and Verra Mobility Corporation (VRRM) trade together? Their weekly returns over three years give a correlation of -0.17, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are A and VRRM?
Over the past 3 years, A and VRRM moved with a correlation of -0.17, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.40 versus -0.17 over 3 years. Over 5 years the correlation is -0.04, and the annualized covariance of weekly returns is -263.3 %².
Within A's tracked universe of 33 assets, VRRM comes in at #27 by 3-year correlation. Correlation aside, the last 12 months split them widely, with A ahead by 116.5 points (+33.9% versus -82.6%). Note the risk asymmetry: VRRM runs 1.6 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
A vs VRRM: side by side
| A (Agilent Technologies) | VRRM (Verra Mobility Corporation) | |
|---|---|---|
| 1-year return | +33.9% | -82.6% |
| 5-year return | -7.5% | -71.6% |
| Volatility (ann.) | 31.0% | 50.8% |
| Beta vs S&P 500 | 0.98 | 0.33 |
| Max drawdown (3Y) | -35.3% | -87.5% |
| Market cap | $44.5B | $0.7B |
| P/E (trailing) | 30.6 | 16.3 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Health Care | US Listed |
Year-by-year returns
| Year | A | VRRM |
|---|---|---|
| 2022 | -5.5% | -10.4% |
| 2023 | -6.4% | +66.5% |
| 2024 | -2.7% | +5.0% |
| 2025 | +1.9% | -7.3% |
| 2026 | +16.6% | -80.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are A and VRRM good diversifiers for each other?
Yes: at -0.17, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between A and VRRM?
Using weekly returns as of 2026-08-27: -0.17 over 3 years, with -0.40 over the last year and -0.04 over 5 years.
Is VRRM a good diversifier for A?
Yes: at -0.17, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.17 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/a-vs-vrrm.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/a-vs-vrrm/)
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Related comparisons
Hubs: A correlations · VRRM correlations
