ASTC vs VRRM: Correlation
Measured on weekly returns over the past three years, Astrotech Corporation (ASTC) and Verra Mobility Corporation (VRRM) carry a correlation of -0.75, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ASTC and VRRM?
Across a 3-year window, the weekly returns of ASTC and VRRM correlate at -0.75, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.84 lands near the 3-year figure. Stretching to 5 years gives -0.67, with an annualized covariance of -46253.4 %².
Among the 47 assets we track against ASTC, VRRM sits near the bottom by co-movement, at rank #47. The last year tells two different stories: ASTC led by 120.1 percentage points, +37.5% for ASTC against -82.6% for VRRM. Note the risk asymmetry: ASTC runs 23.8 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.
ASTC vs VRRM: side by side
| ASTC (Astrotech Corporation) | VRRM (Verra Mobility Corporation) | |
|---|---|---|
| 1-year return | +37.5% | -82.6% |
| 5-year return | -78.4% | -71.6% |
| Volatility (ann.) | 1206.9% | 50.8% |
| Beta vs S&P 500 | 4.81 | 0.33 |
| Max drawdown (3Y) | -87.5% | -87.5% |
| Market cap | – | $0.7B |
| P/E (trailing) | – | 16.3 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ASTC | VRRM |
|---|---|---|
| 2022 | -51.0% | -10.4% |
| 2023 | -15.0% | +66.5% |
| 2024 | -20.8% | +5.0% |
| 2025 | -48.5% | -7.3% |
| 2026 | +105.8% | -80.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASTC and VRRM good diversifiers for each other?
By historical standards, yes. A correlation of -0.75 means the two rarely move for the same reasons.
FAQ
What is the correlation between ASTC and VRRM?
As of 2026-08-27, the correlation of weekly returns between ASTC and VRRM is -0.75 over 3 years, -0.84 over 1 year and -0.67 over 5 years.
Is VRRM a good diversifier for ASTC?
By historical standards, yes. A correlation of -0.75 means the two rarely move for the same reasons.
What does a correlation of -0.75 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.
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Related comparisons
Hubs: ASTC correlations · VRRM correlations
