PAPL vs VMRK: Correlation
Measured on weekly returns over the past three years, Pineapple Financial Inc. (PAPL) and Vivmark Residential (VMRK) carry a correlation of -0.21, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PAPL and VMRK?
Over the past 3 years, PAPL and VMRK moved with a correlation of -0.21, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.04) runs above the 3-year figure (-0.21). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -724.2 %².
Within PAPL's tracked universe of 51 assets, VMRK comes in at #33 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months VMRK outperformed by 75.8 percentage points (-70.7% for PAPL against +5.1% for VMRK). Risk is not evenly split, since PAPL carries 9.2 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.
PAPL vs VMRK: side by side
| PAPL (Pineapple Financial Inc.) | VMRK (Vivmark Residential) | |
|---|---|---|
| 1-year return | -70.7% | +5.1% |
| 5-year return | n/a | -5.5% |
| Volatility (ann.) | 181.2% | 19.7% |
| Beta vs S&P 500 | -0.73 | 0.57 |
| Max drawdown (3Y) | -99.4% | -21.2% |
| Market cap | – | $26.1B |
| P/E (trailing) | – | 25.7 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | Real Estate |
Year-by-year returns
| Year | PAPL | VMRK |
|---|---|---|
| 2022 | – | -32.5% |
| 2023 | – | +8.3% |
| 2024 | -74.7% | +20.8% |
| 2025 | -84.4% | -8.6% |
| 2026 | -25.5% | +7.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PAPL and VMRK good diversifiers for each other?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
FAQ
What is the correlation between PAPL and VMRK?
As of 2026-08-27, the correlation of weekly returns between PAPL and VMRK is -0.21 over 3 years, -0.04 over 1 year and n/a over 5 years.
Is VMRK a good diversifier for PAPL?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
What does a correlation of -0.21 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/papl-vs-vmrk.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/papl-vs-vmrk/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: PAPL correlations · VMRK correlations
