CMRC vs RDVT: Correlation
Commerce.com, Inc. - Series 1 (CMRC) and Red Violet, Inc. (RDVT) show a moderate relationship: their 3-year correlation of weekly returns is 0.56.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CMRC and RDVT?
Over the past 3 years, CMRC and RDVT moved with a correlation of 0.56, which is moderate. Recent behaviour matches the longer record: 0.59 over 1 year against 0.56 over 3. Over 5 years the correlation is 0.36, and the annualized covariance of weekly returns is 1348.8 %².
In CMRC's tracked universe of 16 assets, RDVT sits right near the top at #1. Correlation aside, the last 12 months split them widely, with RDVT ahead by 95.9 points (-49.8% versus +46.1%).
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.
CMRC vs RDVT: side by side
| CMRC (Commerce.com, Inc. - Series 1) | RDVT (Red Violet, Inc.) | |
|---|---|---|
| 1-year return | -49.8% | +46.1% |
| 5-year return | -96.1% | +153.0% |
| Volatility (ann.) | 53.5% | 45.1% |
| Beta vs S&P 500 | 1.40 | 1.12 |
| Max drawdown (3Y) | -81.5% | -42.1% |
| Market cap | $0.2B | $1.2B |
| P/E (trailing) | – | 63.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CMRC | RDVT |
|---|---|---|
| 2022 | -75.3% | -42.0% |
| 2023 | +11.3% | -13.2% |
| 2024 | -37.1% | +81.3% |
| 2025 | -32.7% | +58.6% |
| 2026 | -42.5% | +26.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CMRC and RDVT good diversifiers for each other?
Only partially. A correlation of 0.56 means CMRC and RDVT share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between CMRC and RDVT?
As of 2026-08-27, the correlation of weekly returns between CMRC and RDVT is 0.56 over 3 years, 0.59 over 1 year and 0.36 over 5 years.
Is RDVT a good diversifier for CMRC?
Only partially. A correlation of 0.56 means CMRC and RDVT share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.56 mean?
On the −1 to +1 scale, 0.56 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cmrc-vs-rdvt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cmrc-vs-rdvt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CMRC correlations · RDVT correlations
