MCY vs VRME: Correlation
How closely do Mercury General Corporation (MCY) and VerifyMe, Inc. (VRME) trade together? Their weekly returns over three years give a correlation of -0.25, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MCY and VRME?
Over the past 3 years, MCY and VRME moved with a correlation of -0.25, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.16 over 1 year against -0.25 over 3. Over 5 years the correlation is -0.15, and the annualized covariance of weekly returns is -1077.1 %².
Among the 14 assets we track against MCY, VRME sits near the bottom by co-movement, at rank #10. The last year tells two different stories: MCY led by 56.8 percentage points, +34.1% for MCY against -22.7% for VRME. Risk is not evenly split, since VRME carries 3.3 times the volatility of the other side.
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.
MCY vs VRME: side by side
| MCY (Mercury General Corporation) | VRME (VerifyMe, Inc.) | |
|---|---|---|
| 1-year return | +34.1% | -22.7% |
| 5-year return | +99.9% | -80.2% |
| Volatility (ann.) | 35.8% | 118.8% |
| Beta vs S&P 500 | 0.75 | 0.56 |
| Max drawdown (3Y) | -40.0% | -86.3% |
| Market cap | – | – |
| P/E (trailing) | 6.2 | – |
| Dividend yield | 1.21% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MCY | VRME |
|---|---|---|
| 2022 | -32.6% | -63.5% |
| 2023 | +13.6% | -3.4% |
| 2024 | +82.3% | +21.4% |
| 2025 | +44.1% | -55.8% |
| 2026 | +9.9% | +17.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MCY and VRME good diversifiers for each other?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between MCY and VRME?
As of 2026-08-27, the correlation of weekly returns between MCY and VRME is -0.25 over 3 years, -0.16 over 1 year and -0.15 over 5 years.
Is VRME a good diversifier for MCY?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.25 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/mcy-vs-vrme.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/mcy-vs-vrme/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MCY correlations · VRME correlations
