PMN vs VRCA: Correlation
ProMIS Neurosciences Inc. (PMN) and Verrica Pharmaceuticals Inc. (VRCA) show a negative relationship: their 3-year correlation of weekly returns is -0.20.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PMN and VRCA?
On 3 years of weekly data the PMN/VRCA correlation comes out at -0.20, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.40 versus -0.20 over 3 years. The 5-year figure is -0.07, and annualized covariance runs at -2933.9 %².
By 3-year correlation, VRCA places #10 of the 15 assets tracked against PMN. The last year tells two different stories: PMN led by 16.0 percentage points, +5.6% for PMN against -10.4% for VRCA.
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.
PMN vs VRCA: side by side
| PMN (ProMIS Neurosciences Inc.) | VRCA (Verrica Pharmaceuticals Inc.) | |
|---|---|---|
| 1-year return | +5.6% | -10.4% |
| 5-year return | -94.2% | -95.4% |
| Volatility (ann.) | 122.6% | 119.4% |
| Beta vs S&P 500 | 0.45 | 1.72 |
| Max drawdown (3Y) | -90.4% | -96.6% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PMN | VRCA |
|---|---|---|
| 2022 | -34.2% | -70.0% |
| 2023 | -73.5% | +166.2% |
| 2024 | -17.4% | -90.4% |
| 2025 | -71.2% | +18.7% |
| 2026 | +104.8% | -39.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PMN and VRCA good diversifiers for each other?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
FAQ
What is the correlation between PMN and VRCA?
The PMN/VRCA correlation stands at -0.20 on a 3-year window (1 year: -0.40, 5 years: -0.07), computed from weekly returns as of 2026-08-27.
Is VRCA a good diversifier for PMN?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
What does a correlation of -0.20 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/pmn-vs-vrca.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/pmn-vs-vrca/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: PMN correlations · VRCA correlations
