RGTI vs VERI: Correlation
Rigetti Computing, Inc. (RGTI) and Veritone, Inc. (VERI) show a moderate relationship: their 3-year correlation of weekly returns is 0.42.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RGTI and VERI?
On 3 years of weekly data the RGTI/VERI correlation comes out at 0.42, moderate. The link has tightened recently: the 1-year correlation (0.60) runs above the 3-year figure (0.42). The 5-year figure is 0.35, and annualized covariance runs at 6470.4 %².
Within RGTI's tracked universe of 20 assets, VERI comes in at #11 by 3-year correlation. The last year tells two different stories: RGTI led by 79.8 percentage points, +6.8% for RGTI against -73.0% for VERI.
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.
RGTI vs VERI: side by side
| RGTI (Rigetti Computing, Inc.) | VERI (Veritone, Inc.) | |
|---|---|---|
| 1-year return | +6.8% | -73.0% |
| 5-year return | +69.5% | -95.9% |
| Volatility (ann.) | 129.7% | 118.8% |
| Beta vs S&P 500 | 2.64 | 2.91 |
| Max drawdown (3Y) | -77.1% | -90.5% |
| Market cap | $5.5B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RGTI | VERI |
|---|---|---|
| 2022 | -92.9% | -76.4% |
| 2023 | +35.1% | -65.8% |
| 2024 | +1449.2% | +81.2% |
| 2025 | +45.2% | +41.8% |
| 2026 | -25.8% | -82.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RGTI and VERI good diversifiers for each other?
A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between RGTI and VERI?
The RGTI/VERI correlation stands at 0.42 on a 3-year window (1 year: 0.60, 5 years: 0.35), computed from weekly returns as of 2026-08-27.
Is VERI a good diversifier for RGTI?
A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.42 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/rgti-vs-veri.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/rgti-vs-veri/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: RGTI correlations · VERI correlations