ASTC vs VRSN: Correlation
How closely do Astrotech Corporation (ASTC) and Verisign (VRSN) trade together? Their weekly returns over three years give a correlation of -0.20, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ASTC and VRSN?
Over the past 3 years, ASTC and VRSN moved with a correlation of -0.20, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.31 versus -0.20 over 3 years. Over 5 years the correlation is -0.14, and the annualized covariance of weekly returns is -5609.9 %².
By 3-year correlation, VRSN places #27 of the 47 assets tracked against ASTC. Their recent paths diverged sharply: over the last 12 months ASTC outperformed by 27.9 percentage points (+37.5% for ASTC against +9.6% for VRSN). Note the risk asymmetry: ASTC runs 52.2 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 VRSN: side by side
| ASTC (Astrotech Corporation) | VRSN (Verisign) | |
|---|---|---|
| 1-year return | +37.5% | +9.6% |
| 5-year return | -78.4% | +38.8% |
| Volatility (ann.) | 1206.9% | 23.1% |
| Beta vs S&P 500 | 4.81 | 0.50 |
| Max drawdown (3Y) | -87.5% | -30.2% |
| Market cap | – | $26.6B |
| P/E (trailing) | – | 31.9 |
| Dividend yield | 0.00% | 1.08% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | ASTC | VRSN |
|---|---|---|
| 2022 | -51.0% | -19.1% |
| 2023 | -15.0% | +0.3% |
| 2024 | -20.8% | +0.5% |
| 2025 | -48.5% | +18.4% |
| 2026 | +105.8% | +22.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASTC and VRSN good diversifiers for each other?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
FAQ
What is the correlation between ASTC and VRSN?
As of 2026-08-27, the correlation of weekly returns between ASTC and VRSN is -0.20 over 3 years, -0.31 over 1 year and -0.14 over 5 years.
Is VRSN a good diversifier for ASTC?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
What does a correlation of -0.20 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/astc-vs-vrsn.json
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Related comparisons
Hubs: ASTC correlations · VRSN correlations
