OTLK vs VRRM: Correlation
How closely do Outlook Therapeutics, Inc. (OTLK) and Verra Mobility Corporation (VRRM) trade together? Their weekly returns over three years give a correlation of -0.40, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OTLK and VRRM?
On 3 years of weekly data the OTLK/VRRM correlation comes out at -0.40, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.59) runs below the 3-year figure (-0.40). The 5-year figure is -0.26, and annualized covariance runs at -2944.5 %².
Out of 10 assets tracked against OTLK, VRRM lands near the bottom at #10. On 12-month performance OTLK holds a 9.6-point edge, -73.0% against -82.6%. One caveat on sizing: OTLK is 2.8 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
OTLK vs VRRM: side by side
| OTLK (Outlook Therapeutics, Inc.) | VRRM (Verra Mobility Corporation) | |
|---|---|---|
| 1-year return | -73.0% | -82.6% |
| 5-year return | -98.8% | -71.6% |
| Volatility (ann.) | 143.2% | 50.8% |
| Beta vs S&P 500 | 0.95 | 0.33 |
| Max drawdown (3Y) | -99.3% | -87.5% |
| Market cap | $0.2B | $0.7B |
| P/E (trailing) | – | 16.3 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | OTLK | VRRM |
|---|---|---|
| 2022 | -20.6% | -10.4% |
| 2023 | -63.5% | +66.5% |
| 2024 | -76.0% | +5.0% |
| 2025 | -16.4% | -7.3% |
| 2026 | -59.4% | -80.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OTLK and VRRM good diversifiers for each other?
Yes: at -0.40, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between OTLK and VRRM?
Using weekly returns as of 2026-08-27: -0.40 over 3 years, with -0.59 over the last year and -0.26 over 5 years.
Is VRRM a good diversifier for OTLK?
Yes: at -0.40, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.40 mean?
On the −1 to +1 scale, -0.40 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/otlk-vs-vrrm.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/otlk-vs-vrrm/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: OTLK correlations · VRRM correlations
