NABL vs VIRT: Correlation
N-able, Inc. (NABL) and Virtu Financial, Inc. (VIRT) 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 NABL and VIRT?
On 3 years of weekly data the NABL/VIRT correlation comes out at -0.24, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.36) than the 3-year average (-0.24). The 5-year figure is -0.12, and annualized covariance runs at -421.4 %².
Among the 13 assets we track against NABL, VIRT sits near the bottom by co-movement, at rank #9. Their recent paths diverged sharply: over the last 12 months VIRT outperformed by 111.0 percentage points (-50.5% for NABL against +60.5% for VIRT).
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.
NABL vs VIRT: side by side
| NABL (N-able, Inc.) | VIRT (Virtu Financial, Inc.) | |
|---|---|---|
| 1-year return | -50.5% | +60.5% |
| 5-year return | -69.9% | +221.4% |
| Volatility (ann.) | 49.3% | 36.1% |
| Beta vs S&P 500 | 0.78 | 0.38 |
| Max drawdown (3Y) | -80.4% | -27.8% |
| Market cap | $0.7B | $5.9B |
| P/E (trailing) | – | 11.1 |
| Dividend yield | 0.00% | 1.46% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NABL | VIRT |
|---|---|---|
| 2022 | -7.4% | -26.5% |
| 2023 | +28.9% | +4.6% |
| 2024 | -29.5% | +83.0% |
| 2025 | -19.9% | -4.2% |
| 2026 | -47.2% | +103.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NABL and VIRT good diversifiers for each other?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
FAQ
What is the correlation between NABL and VIRT?
As of 2026-08-27, the correlation of weekly returns between NABL and VIRT is -0.24 over 3 years, -0.36 over 1 year and -0.12 over 5 years.
Is VIRT a good diversifier for NABL?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
What does a correlation of -0.24 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/nabl-vs-virt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/nabl-vs-virt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: NABL correlations · VIRT correlations
