FUBO vs VRME: Correlation
How closely do FuboTV Inc. (FUBO) and VerifyMe, Inc. (VRME) trade together? Their weekly returns over three years give a correlation of 0.41, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FUBO and VRME?
On 3 years of weekly data the FUBO/VRME correlation comes out at 0.41, moderate. The link has loosened recently: the 1-year correlation (0.17) runs below the 3-year figure (0.41). The 5-year figure is 0.37, and annualized covariance runs at 7932.3 %².
Within FUBO's tracked universe of 28 assets, VRME comes in at #12 by 3-year correlation. Correlation aside, the last 12 months split them widely, with VRME ahead by 52.6 points (-75.3% versus -22.7%).
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.
FUBO vs VRME: side by side
| FUBO (FuboTV Inc.) | VRME (VerifyMe, Inc.) | |
|---|---|---|
| 1-year return | -75.3% | -22.7% |
| 5-year return | -96.9% | -80.2% |
| Volatility (ann.) | 164.3% | 118.8% |
| Beta vs S&P 500 | 0.34 | 0.56 |
| Max drawdown (3Y) | -87.7% | -86.3% |
| Market cap | $0.3B | – |
| P/E (trailing) | 2.7 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FUBO | VRME |
|---|---|---|
| 2022 | -88.8% | -63.5% |
| 2023 | +82.8% | -3.4% |
| 2024 | -60.4% | +21.4% |
| 2025 | +100.0% | -55.8% |
| 2026 | -66.6% | +17.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FUBO and VRME good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between FUBO and VRME?
Using weekly returns as of 2026-08-27: 0.41 over 3 years, with 0.17 over the last year and 0.37 over 5 years.
Is VRME a good diversifier for FUBO?
Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.41 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/fubo-vs-vrme.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/fubo-vs-vrme/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FUBO correlations · VRME correlations
