VerifyMe, Inc. Common Stock (VRME) — Stock Correlations & Overview
Over the past year, VRME has moved most closely with SSYS, CBTO, BFOC. Explore the stocks most correlated and inversely correlated with VRME below, along with its price, financials, and company profile.
Stocks correlated with VRME
Correlation of daily returns. Higher positive values move with VRME; negative values move opposite it. Informational only, not investment advice.
Most correlated with VRME
| Symbol | Company | Correlation |
|---|---|---|
| SSYS | Stratasys Inc (ISRAEL) | 0.42 |
| CBTO | Calamos Bitcoin 80 Series Structured Alt Protection ETF - October | 0.38 |
| BFOC | FT Vest Bitcoin Strategy Floor15 ETF - October | 0.37 |
| XRPI | Volatility Shares Trust XRP ETF | 0.36 |
| XRPR | REX-Osprey XRP ETF | 0.36 |
Most inversely correlated with VRME
| Symbol | Company | Correlation |
|---|---|---|
| BTCZ | T-Rex 2X Inverse Bitcoin Daily Target ETF | -0.34 |
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.33 |
| SBIT | ProShares UltraShort Bitcoin ETF | -0.33 |
| BITI | ProShares Short Bitcoin ETF | -0.33 |
| CONI | GraniteShares ETF Trust GraniteShares 2x Short COIN Daily ETF | -0.32 |
Frequently asked questions about VRME correlations
- Which stocks are most correlated with VRME?
- Based on one year of daily returns, the stocks most correlated with VerifyMe, Inc. Common Stock (VRME) are SSYS (0.42), CBTO (0.38) and BFOC (0.37). 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 VRME?
- Over the past year, the stocks most inversely correlated with VerifyMe, Inc. Common Stock (VRME) are BTCZ (-0.34), SARK (-0.33) and SBIT (-0.33). 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 VRME correlations calculated?
- We compute the correlation of daily returns between VRME 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.
Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.