LIQT vs VRRM: Correlation
How closely do LiqTech International, Inc. (LIQT) and Verra Mobility Corporation (VRRM) trade together? Their weekly returns over three years give a correlation of 0.29, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LIQT and VRRM?
Across a 3-year window, the weekly returns of LIQT and VRRM correlate at 0.29, weak. Recent behaviour matches the longer record: 0.36 over 1 year against 0.29 over 3. Stretching to 5 years gives 0.23, with an annualized covariance of 1009.6 %².
Among the 12 assets we track against LIQT, VRRM ranks #5 by 3-year correlation. Over the last 12 months LIQT came out ahead by 11.5 percentage points (-71.1% against -82.6%).
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.
LIQT vs VRRM: side by side
| LIQT (LiqTech International, Inc.) | VRRM (Verra Mobility Corporation) | |
|---|---|---|
| 1-year return | -71.1% | -82.6% |
| 5-year return | -98.6% | -71.6% |
| Volatility (ann.) | 68.6% | 50.8% |
| Beta vs S&P 500 | 0.75 | 0.33 |
| Max drawdown (3Y) | -87.4% | -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 | LIQT | VRRM |
|---|---|---|
| 2022 | -93.4% | -10.4% |
| 2023 | +12.2% | +66.5% |
| 2024 | -46.0% | +5.0% |
| 2025 | -20.7% | -7.3% |
| 2026 | -61.6% | -80.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LIQT and VRRM good diversifiers for each other?
Reasonably. At 0.29, LIQT and VRRM keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between LIQT and VRRM?
Using weekly returns as of 2026-08-27: 0.29 over 3 years, with 0.36 over the last year and 0.23 over 5 years.
Is VRRM a good diversifier for LIQT?
Reasonably. At 0.29, LIQT and VRRM keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.29 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/liqt-vs-vrrm.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/liqt-vs-vrrm/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LIQT correlations · VRRM correlations
