NRXP vs VRME: Correlation
Measured on weekly returns over the past three years, NRX Pharmaceuticals, Inc. (NRXP) and VerifyMe, Inc. (VRME) carry a correlation of 0.41, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NRXP and VRME?
Across a 3-year window, the weekly returns of NRXP and VRME correlate at 0.41, moderate. The link has loosened recently: the 1-year correlation (0.04) runs below the 3-year figure (0.41). Stretching to 5 years gives 0.31, with an annualized covariance of 5419.1 %².
In NRXP's tracked universe of 17 assets, VRME sits right near the top at #3. Their recent paths diverged sharply: over the last 12 months NRXP outperformed by 63.0 percentage points (+40.3% for NRXP against -22.7% for VRME).
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.
NRXP vs VRME: side by side
| NRXP (NRX Pharmaceuticals, Inc.) | VRME (VerifyMe, Inc.) | |
|---|---|---|
| 1-year return | +40.3% | -22.7% |
| 5-year return | -97.5% | -80.2% |
| Volatility (ann.) | 112.5% | 118.8% |
| Beta vs S&P 500 | 1.30 | 0.56 |
| Max drawdown (3Y) | -83.5% | -86.3% |
| Market cap | $0.2B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NRXP | VRME |
|---|---|---|
| 2022 | -76.8% | -63.5% |
| 2023 | -58.6% | -3.4% |
| 2024 | -52.2% | +21.4% |
| 2025 | +23.2% | -55.8% |
| 2026 | +33.6% | +17.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NRXP and VRME good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between NRXP and VRME?
The NRXP/VRME correlation stands at 0.41 on a 3-year window (1 year: 0.04, 5 years: 0.31), computed from weekly returns as of 2026-08-27.
Is VRME a good diversifier for NRXP?
Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.41 mean?
A reading of 0.41 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/nrxp-vs-vrme.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/nrxp-vs-vrme/)
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Related comparisons
Hubs: NRXP correlations · VRME correlations
