FVRR vs TBN: Correlation
Fiverr International Ltd. (FVRR) and Tamboran Resources Corporation (TBN) show a negative relationship: their 3-year correlation of weekly returns is -0.24.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FVRR and TBN?
On 3 years of weekly data the FVRR/TBN correlation comes out at -0.24, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.18) sits close to the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at -646.6 %².
Out of 12 assets tracked against FVRR, TBN lands near the bottom at #11. The last year tells two different stories: TBN led by 146.2 percentage points, -59.5% for FVRR against +86.7% for TBN.
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.
FVRR vs TBN: side by side
| FVRR (Fiverr International Ltd.) | TBN (Tamboran Resources Corporation) | |
|---|---|---|
| 1-year return | -59.5% | +86.7% |
| 5-year return | -94.9% | n/a |
| Volatility (ann.) | 50.3% | 52.6% |
| Beta vs S&P 500 | 1.08 | -0.08 |
| Max drawdown (3Y) | -75.6% | -38.6% |
| Market cap | $0.3B | $1.3B |
| P/E (trailing) | 11.7 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FVRR | TBN |
|---|---|---|
| 2022 | -74.4% | – |
| 2023 | -6.6% | – |
| 2024 | +16.6% | – |
| 2025 | -37.7% | +29.7% |
| 2026 | -52.5% | +38.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FVRR and TBN good diversifiers for each other?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between FVRR and TBN?
The FVRR/TBN correlation stands at -0.24 on a 3-year window (1 year: -0.18, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is TBN a good diversifier for FVRR?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.24 mean?
On the −1 to +1 scale, -0.24 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/fvrr-vs-tbn.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/fvrr-vs-tbn/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: FVRR correlations · TBN correlations
