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RKTO vs VRRM: Correlation

Measured on weekly returns over the past three years, Rocket One Inc. (RKTO) and Verra Mobility Corporation (VRRM) carry a correlation of -0.34, a negative link.

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

Correlation (3Y)
-0.34
negative
Correlation (1Y)
-0.65
last 12 months
Correlation (5Y)
-0.20
long-run
Ann. covariance
-2327.6
%² · weekly, annualized

How correlated are RKTO and VRRM?

Across a 3-year window, the weekly returns of RKTO and VRRM correlate at -0.34, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.65 versus -0.34 over 3 years. Stretching to 5 years gives -0.20, with an annualized covariance of -2327.6 %².

Out of 30 assets tracked against RKTO, VRRM lands near the bottom at #29. Their recent paths diverged sharply: over the last 12 months RKTO outperformed by 42.3 percentage points (-40.3% for RKTO against -82.6% for VRRM). Risk is not evenly split, since RKTO carries 2.7 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.

RKTO vs VRRM: side by side

RKTO (Rocket One Inc.)VRRM (Verra Mobility Corporation)
1-year return-40.3%-82.6%
5-year return-97.7%-71.6%
Volatility (ann.)135.8%50.8%
Beta vs S&P 5000.300.33
Max drawdown (3Y)-81.1%-87.5%
Market cap$0.7B
P/E (trailing)16.3
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: RKTO -81.1% vs -87.5%Higher 5y return: VRRM -71.6% vs -97.7%
-84%0%+35%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). RKTO · VRRM

Year-by-year returns

YearRKTOVRRM
2022-52.7%-10.4%
2023-81.5%+66.5%
2024-48.1%+5.0%
2025+32.4%-7.3%
2026-27.1%-80.3%

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

Are RKTO and VRRM good diversifiers for each other?

Yes: at -0.34, the two have gone their own ways historically, which is what genuine diversification looks like.

FAQ

What is the correlation between RKTO and VRRM?

Using weekly returns as of 2026-08-27: -0.34 over 3 years, with -0.65 over the last year and -0.20 over 5 years.

Is VRRM a good diversifier for RKTO?

Yes: at -0.34, the two have gone their own ways historically, which is what genuine diversification looks like.

What does a correlation of -0.34 mean?

On the −1 to +1 scale, -0.34 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.

Use this data

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RKTO vs VRRM: 3-year weekly correlation -0.34RKTO vs VRRM-0.34

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Related comparisons

Hubs: RKTO correlations · VRRM correlations