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PLAB vs VRRM: Correlation

Photronics, Inc. (PLAB) and Verra Mobility Corporation (VRRM) show a moderate relationship: their 3-year correlation of weekly returns is 0.35.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.35
moderate
Correlation (1Y)
0.46
last 12 months
Correlation (5Y)
0.34
long-run
Ann. covariance
1060.7
%² · weekly, annualized

How correlated are PLAB and VRRM?

On 3 years of weekly data the PLAB/VRRM correlation comes out at 0.35, moderate. The link has tightened recently: the 1-year correlation (0.46) runs above the 3-year figure (0.35). The 5-year figure is 0.34, and annualized covariance runs at 1060.7 %².

Out of 14 assets tracked against PLAB, VRRM lands near the bottom at #11. Correlation aside, the last 12 months split them widely, with PLAB ahead by 108.8 points (+26.2% versus -82.6%).

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.

PLAB vs VRRM: side by side

PLAB (Photronics, Inc.)VRRM (Verra Mobility Corporation)
1-year return+26.2%-82.6%
5-year return+106.4%-71.6%
Volatility (ann.)60.0%50.8%
Beta vs S&P 5001.560.33
Max drawdown (3Y)-50.6%-87.5%
Market cap$1.8B$0.7B
P/E (trailing)10.816.3
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Lower P/E: PLAB 10.8 vs 16.3Smaller drawdown: PLAB -50.6% vs -87.5%Higher 5y return: PLAB +106.4% vs -71.6%
-84%0%+137%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). PLAB · VRRM

Year-by-year returns

YearPLABVRRM
2022-10.7%-10.4%
2023+86.4%+66.5%
2024-24.9%+5.0%
2025+35.8%-7.3%
2026-5.4%-80.3%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are PLAB and VRRM good diversifiers for each other?

Reasonably. At 0.35, PLAB and VRRM keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between PLAB and VRRM?

As of 2026-08-27, the correlation of weekly returns between PLAB and VRRM is 0.35 over 3 years, 0.46 over 1 year and 0.34 over 5 years.

Is VRRM a good diversifier for PLAB?

Reasonably. At 0.35, PLAB and VRRM keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.35 mean?

A reading of 0.35 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

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PLAB vs VRRM: 3-year weekly correlation 0.35PLAB vs VRRM0.35

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Related comparisons

Hubs: PLAB correlations · VRRM correlations