MNTS vs VRRM: Correlation
Momentus Inc. (MNTS) and Verra Mobility Corporation (VRRM) show a negative relationship: their 3-year correlation of weekly returns is -0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MNTS and VRRM?
Across a 3-year window, the weekly returns of MNTS and VRRM correlate at -0.22, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.41) runs below the 3-year figure (-0.22). Stretching to 5 years gives -0.16, with an annualized covariance of -2252.2 %².
VRRM is close to the least connected end of MNTS's tracked universe, ranking #15 of 15. Their 12-month results are close: -83.3% for MNTS against -82.6% for VRRM. Risk is not evenly split, since MNTS carries 4.1 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.
MNTS vs VRRM: side by side
| MNTS (Momentus Inc.) | VRRM (Verra Mobility Corporation) | |
|---|---|---|
| 1-year return | -83.3% | -82.6% |
| 5-year return | -100.0% | -71.6% |
| Volatility (ann.) | 205.9% | 50.8% |
| Beta vs S&P 500 | 3.44 | 0.33 |
| Max drawdown (3Y) | -99.9% | -87.5% |
| Market cap | $0.1B | $0.7B |
| P/E (trailing) | – | 16.3 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MNTS | VRRM |
|---|---|---|
| 2022 | -81.3% | -10.4% |
| 2023 | -95.6% | +66.5% |
| 2024 | -67.3% | +5.0% |
| 2025 | -96.6% | -7.3% |
| 2026 | -12.3% | -80.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MNTS and VRRM good diversifiers for each other?
Yes. With a correlation of -0.22, MNTS and VRRM have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between MNTS and VRRM?
As of 2026-08-27, the correlation of weekly returns between MNTS and VRRM is -0.22 over 3 years, -0.41 over 1 year and -0.16 over 5 years.
Is VRRM a good diversifier for MNTS?
Yes. With a correlation of -0.22, MNTS and VRRM have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.22 mean?
A reading of -0.22 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/mnts-vs-vrrm.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/mnts-vs-vrrm/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MNTS correlations · VRRM correlations
