PAL vs VS: Correlation
How closely do Proficient Auto Logistics, Inc. (PAL) and Versus Systems Inc. (VS) trade together? Their weekly returns over three years give a correlation of -0.23, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PAL and VS?
Across a 3-year window, the weekly returns of PAL and VS correlate at -0.23, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.06) than the 3-year average (-0.23). Stretching to 5 years gives n/a, with an annualized covariance of -2623.7 %².
By 3-year correlation, VS places #10 of the 15 assets tracked against PAL. On 12-month performance VS holds a 5.7-point edge, -34.3% against -28.6%. Note the risk asymmetry: VS runs 1.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
PAL vs VS: side by side
| PAL (Proficient Auto Logistics, Inc.) | VS (Versus Systems Inc.) | |
|---|---|---|
| 1-year return | -34.3% | -28.6% |
| 5-year return | n/a | -99.9% |
| Volatility (ann.) | 79.8% | 136.9% |
| Beta vs S&P 500 | 1.84 | 1.57 |
| Max drawdown (3Y) | -76.0% | -84.8% |
| Market cap | $0.2B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PAL | VS |
|---|---|---|
| 2022 | – | -98.5% |
| 2023 | – | -61.0% |
| 2024 | – | -27.4% |
| 2025 | +19.5% | -44.7% |
| 2026 | -44.3% | +12.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PAL and VS good diversifiers for each other?
Yes. With a correlation of -0.23, PAL and VS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between PAL and VS?
Using weekly returns as of 2026-08-27: -0.23 over 3 years, with 0.06 over the last year and n/a over 5 years.
Is VS a good diversifier for PAL?
Yes. With a correlation of -0.23, PAL and VS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.23 mean?
On the −1 to +1 scale, -0.23 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/pal-vs-vs.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/pal-vs-vs/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: PAL correlations · VS correlations
