VMAR vs VTAK: Correlation
How closely do Vision Marine Technologies Inc. (VMAR) and Catheter Precision, Inc. (VTAK) trade together? Their weekly returns over three years give a correlation of 0.29, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are VMAR and VTAK?
Across a 3-year window, the weekly returns of VMAR and VTAK correlate at 0.29, weak. The link has loosened recently: the 1-year correlation (0.17) runs below the 3-year figure (0.29). Stretching to 5 years gives 0.25, with an annualized covariance of 4801.4 %².
In VMAR's tracked universe of 13 assets, VTAK sits right near the top at #1. The trailing year gives VTAK the advantage: -99.9% versus -91.7%, a 8.2-point spread.
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.
VMAR vs VTAK: side by side
| VMAR (Vision Marine Technologies Inc.) | VTAK (Catheter Precision, Inc.) | |
|---|---|---|
| 1-year return | -99.9% | -91.7% |
| 5-year return | -100.0% | -100.0% |
| Volatility (ann.) | 110.6% | 152.1% |
| Beta vs S&P 500 | 1.13 | 1.39 |
| Max drawdown (3Y) | -100.0% | -99.8% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | VMAR | VTAK |
|---|---|---|
| 2022 | -4.8% | -92.4% |
| 2023 | -76.4% | -93.2% |
| 2024 | -98.9% | -88.7% |
| 2025 | -98.7% | -78.6% |
| 2026 | -99.1% | -88.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are VMAR and VTAK good diversifiers for each other?
A fair diversifier. At 0.29, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between VMAR and VTAK?
Using weekly returns as of 2026-08-27: 0.29 over 3 years, with 0.17 over the last year and 0.25 over 5 years.
Is VTAK a good diversifier for VMAR?
A fair diversifier. At 0.29, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.29 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/vmar-vs-vtak.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/vmar-vs-vtak/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: VMAR correlations · VTAK correlations
