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QUBT vs VNCE: Correlation

How closely do Quantum Computing Inc. (QUBT) and Vince Holding Corp. (VNCE) trade together? Their weekly returns over three years give a correlation of 0.47, which is moderate.

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

Correlation (3Y)
0.47
moderate
Correlation (1Y)
0.28
last 12 months
Correlation (5Y)
0.42
long-run
Ann. covariance
12467.6
%² · weekly, annualized

How correlated are QUBT and VNCE?

Over the past 3 years, QUBT and VNCE moved with a correlation of 0.47, which is moderate. The past 12 months show a weaker link (0.28) than the 3-year average (0.47). Over 5 years the correlation is 0.42, and the annualized covariance of weekly returns is 12467.6 %².

By 3-year correlation, VNCE places #7 of the 20 assets tracked against QUBT. Correlation aside, the last 12 months split them widely, with VNCE ahead by 491.6 points (-41.6% versus +450.0%).

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.

QUBT vs VNCE: side by side

QUBT (Quantum Computing Inc.)VNCE (Vince Holding Corp.)
1-year return-41.6%+450.0%
5-year return+13.8%+11.6%
Volatility (ann.)160.7%166.2%
Beta vs S&P 5002.311.03
Max drawdown (3Y)-82.4%-74.8%
Market cap$2.0B$0.1B
P/E (trailing)11.2
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: VNCE -74.8% vs -82.4%Higher 5y return: QUBT +13.8% vs +11.6%
-56%0%+417%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. QUBT · VNCE

Year-by-year returns

YearQUBTVNCE
2022-55.7%-1.8%
2023-39.5%-55.8%
2024+1712.7%+5.2%
2025-38.0%+12.1%
2026-15.7%+91.4%

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

Are QUBT and VNCE good diversifiers for each other?

A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between QUBT and VNCE?

Using weekly returns as of 2026-08-27: 0.47 over 3 years, with 0.28 over the last year and 0.42 over 5 years.

Is VNCE a good diversifier for QUBT?

A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.47 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/qubt-vs-vnce.json

QUBT vs VNCE: 3-year weekly correlation 0.47QUBT vs VNCE0.47

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Related comparisons

Hubs: QUBT correlations · VNCE correlations