Vroom, Inc. Common Stock (VRM) — Stock Correlations & Overview
Over the past year, VRM has moved most closely with ICCM, DOUG, PDYN. Explore the stocks most correlated and inversely correlated with VRM below, along with its price, financials, and company profile.
Stocks correlated with VRM
Correlation of daily returns. Higher positive values move with VRM; negative values move opposite it. Informational only, not investment advice.
Most correlated with VRM
| Symbol | Company | Correlation |
|---|---|---|
| ICCM | IceCure Medical Ltd. Ordinary Shares | 0.35 |
| DOUG | Douglas Elliman Inc.REAL ESTATE AGENTS & MANAGERS (FOR OTHERS) | 0.27 |
| PDYN | Palladyne AI Corp. Common StockSERVICES-PREPACKAGED SOFTWARE | 0.27 |
| NATH | Nathan's Famous IncRETAIL-EATING PLACES | 0.27 |
| FLD | Fold Holdings, Inc. Class A Common StockFINANCE SERVICES | 0.27 |
Most inversely correlated with VRM
| Symbol | Company | Correlation |
|---|---|---|
| VIXM | ProShares VIX Mid-Term Futures ETFCOMMODITY CONTRACTS BROKERS & DEALERS | -0.27 |
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | -0.25 |
| VIXY | ProShares VIX Short-Term Futures ETFCOMMODITY CONTRACTS BROKERS & DEALERS | -0.24 |
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | -0.24 |
| UVXY | ProShares Ultra VIX Short-Term Futures ETFCOMMODITY CONTRACTS BROKERS & DEALERS | -0.24 |
Frequently asked questions about VRM correlations
- Which stocks are most correlated with VRM?
- Based on one year of daily returns, the stocks most correlated with Vroom, Inc. Common Stock (VRM) are ICCM (0.35), DOUG (0.27) and PDYN (0.27). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with VRM?
- Over the past year, the stocks most inversely correlated with Vroom, Inc. Common Stock (VRM) are VIXM (-0.27), VXZ (-0.25) and VIXY (-0.24). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these VRM correlations calculated?
- We compute the correlation of daily returns between VRM and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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