SNGX vs VRRM: Correlation
Soligenix, Inc. (SNGX) and Verra Mobility Corporation (VRRM) show a negative relationship: their 3-year correlation of weekly returns is -0.28.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SNGX and VRRM?
On 3 years of weekly data the SNGX/VRRM correlation comes out at -0.28, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.63) than the 3-year average (-0.28). The 5-year figure is -0.23, and annualized covariance runs at -2875.4 %².
Out of 14 assets tracked against SNGX, VRRM lands near the bottom at #14. Twelve-month performance is nearly a tie, at -87.3% for SNGX and -82.6% for VRRM. Risk is not evenly split, since SNGX carries 4.1 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.
SNGX vs VRRM: side by side
| SNGX (Soligenix, Inc.) | VRRM (Verra Mobility Corporation) | |
|---|---|---|
| 1-year return | -87.3% | -82.6% |
| 5-year return | -99.8% | -71.6% |
| Volatility (ann.) | 205.9% | 50.8% |
| Beta vs S&P 500 | 0.50 | 0.33 |
| Max drawdown (3Y) | -98.2% | -87.5% |
| Market cap | – | $0.7B |
| P/E (trailing) | – | 16.3 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SNGX | VRRM |
|---|---|---|
| 2022 | -31.8% | -10.4% |
| 2023 | -88.7% | +66.5% |
| 2024 | -77.8% | +5.0% |
| 2025 | -50.4% | -7.3% |
| 2026 | -71.6% | -80.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SNGX and VRRM good diversifiers for each other?
By historical standards, yes. A correlation of -0.28 means the two rarely move for the same reasons.
FAQ
What is the correlation between SNGX and VRRM?
Using weekly returns as of 2026-08-27: -0.28 over 3 years, with -0.63 over the last year and -0.23 over 5 years.
Is VRRM a good diversifier for SNGX?
By historical standards, yes. A correlation of -0.28 means the two rarely move for the same reasons.
What does a correlation of -0.28 mean?
On the −1 to +1 scale, -0.28 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
$ curl https://www.pairbook.io/api/v1/pairs/sngx-vs-vrrm.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/sngx-vs-vrrm/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: SNGX correlations · VRRM correlations
