SIGA vs VERI: Correlation
Measured on weekly returns over the past three years, SIGA Technologies Inc. (SIGA) and Veritone, Inc. (VERI) carry a correlation of 0.43, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SIGA and VERI?
Over the past 3 years, SIGA and VERI moved with a correlation of 0.43, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.20 versus 0.43 over 3 years. Over 5 years the correlation is 0.30, and the annualized covariance of weekly returns is 3275.7 %².
Among the 15 assets we track against SIGA, VERI ranks #8 by 3-year correlation. On 12-month performance SIGA holds a 14.9-point edge, -58.1% against -73.0%. One caveat on sizing: VERI is 1.9 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
SIGA vs VERI: side by side
| SIGA (SIGA Technologies Inc.) | VERI (Veritone, Inc.) | |
|---|---|---|
| 1-year return | -58.1% | -73.0% |
| 5-year return | -27.3% | -95.9% |
| Volatility (ann.) | 64.1% | 118.8% |
| Beta vs S&P 500 | 1.22 | 2.91 |
| Max drawdown (3Y) | -70.1% | -90.5% |
| Market cap | $0.2B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SIGA | VERI |
|---|---|---|
| 2022 | +4.2% | -76.4% |
| 2023 | -17.6% | -65.8% |
| 2024 | +15.2% | +81.2% |
| 2025 | +12.3% | +41.8% |
| 2026 | -43.4% | -82.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SIGA and VERI good diversifiers for each other?
A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between SIGA and VERI?
Using weekly returns as of 2026-08-27: 0.43 over 3 years, with 0.20 over the last year and 0.30 over 5 years.
Is VERI a good diversifier for SIGA?
A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.43 mean?
A reading of 0.43 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
$ curl https://www.pairbook.io/api/v1/pairs/siga-vs-veri.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/siga-vs-veri/)
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Related comparisons
Hubs: SIGA correlations · VERI correlations
