ASPS vs VNDA: Correlation
How closely do Altisource Portfolio Solutions S.A. (ASPS) and Vanda Pharmaceuticals Inc. (VNDA) trade together? Their weekly returns over three years give a correlation of 0.28, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ASPS and VNDA?
On 3 years of weekly data the ASPS/VNDA correlation comes out at 0.28, weak. Lately the two have moved closer together, with the 1-year correlation at 0.64 versus 0.28 over 3 years. The 5-year figure is 0.27, and annualized covariance runs at 1534.4 %².
Among the 17 assets we track against ASPS, VNDA ranks #6 by 3-year correlation. The last year tells two different stories: VNDA led by 70.1 percentage points, -52.4% for ASPS against +17.7% for VNDA.
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.
ASPS vs VNDA: side by side
| ASPS (Altisource Portfolio Solutions S.A.) | VNDA (Vanda Pharmaceuticals Inc.) | |
|---|---|---|
| 1-year return | -52.4% | +17.7% |
| 5-year return | -93.2% | -67.8% |
| Volatility (ann.) | 85.7% | 63.1% |
| Beta vs S&P 500 | -0.36 | 0.55 |
| Max drawdown (3Y) | -88.8% | -48.4% |
| Market cap | $0.1B | $0.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ASPS | VNDA |
|---|---|---|
| 2022 | -15.7% | -52.9% |
| 2023 | -62.4% | -42.9% |
| 2024 | -81.5% | +13.5% |
| 2025 | +31.6% | +84.1% |
| 2026 | -19.8% | -38.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASPS and VNDA good diversifiers for each other?
Reasonably. At 0.28, ASPS and VNDA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ASPS and VNDA?
Using weekly returns as of 2026-08-27: 0.28 over 3 years, with 0.64 over the last year and 0.27 over 5 years.
Is VNDA a good diversifier for ASPS?
Reasonably. At 0.28, ASPS and VNDA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.28 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/asps-vs-vnda.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/asps-vs-vnda/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ASPS correlations · VNDA correlations
