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VCIG vs VRRM: Correlation

Measured on weekly returns over the past three years, VCI Global Limited (VCIG) and Verra Mobility Corporation (VRRM) carry a correlation of -0.33, a negative link.

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

Correlation (3Y)
-0.33
negative
Correlation (1Y)
-0.37
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
-12584.2
%² · weekly, annualized

How correlated are VCIG and VRRM?

Over the past 3 years, VCIG and VRRM moved with a correlation of -0.33, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.37) sits close to the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -12584.2 %².

Out of 19 assets tracked against VCIG, VRRM lands near the bottom at #18. Their recent paths diverged sharply: over the last 12 months VRRM outperformed by 17.2 percentage points (-99.8% for VCIG against -82.6% for VRRM). Note the risk asymmetry: VCIG runs 14.9 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.

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.

VCIG vs VRRM: side by side

VCIG (VCI Global Limited)VRRM (Verra Mobility Corporation)
1-year return-99.8%-82.6%
5-year returnn/a-71.6%
Volatility (ann.)754.7%50.8%
Beta vs S&P 5003.930.33
Max drawdown (3Y)-100.0%-87.5%
Market cap$0.7B
P/E (trailing)16.3
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: VRRM -87.5% vs -100.0%
-100%0%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). VCIG · VRRM

Year-by-year returns

YearVCIGVRRM
2022-10.4%
2023+66.5%
2024-98.4%+5.0%
2025-99.9%-7.3%
2026-91.6%-80.3%

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

Are VCIG and VRRM good diversifiers for each other?

Yes: at -0.33, the two have gone their own ways historically, which is what genuine diversification looks like.

FAQ

What is the correlation between VCIG and VRRM?

As of 2026-08-27, the correlation of weekly returns between VCIG and VRRM is -0.33 over 3 years, -0.37 over 1 year and n/a over 5 years.

Is VRRM a good diversifier for VCIG?

Yes: at -0.33, the two have gone their own ways historically, which is what genuine diversification looks like.

What does a correlation of -0.33 mean?

On the −1 to +1 scale, -0.33 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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VCIG vs VRRM: 3-year weekly correlation -0.33VCIG vs VRRM-0.33

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Related comparisons

Hubs: VCIG correlations · VRRM correlations