ABT vs ORI: Correlation
Abbott Laboratories (ABT) and Old Republic International Corporation (ORI) show a moderate relationship: their 3-year correlation of weekly returns is 0.44.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABT and ORI?
On 3 years of weekly data the ABT/ORI correlation comes out at 0.44, moderate. The past 12 months show a tighter link (0.55) than the 3-year average (0.44). The 5-year figure is 0.39, and annualized covariance runs at 202.4 %².
ORI is one of the assets that tracks ABT most closely: it ranks #3 out of the 29 assets we track against ABT. The last year tells two different stories: ORI led by 28.2 percentage points, -13.2% for ABT against +15.0% for ORI.
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.
ABT vs ORI: side by side
| ABT (Abbott Laboratories) | ORI (Old Republic International Corporation) | |
|---|---|---|
| 1-year return | -13.2% | +15.0% |
| 5-year return | -2.3% | +137.4% |
| Volatility (ann.) | 22.0% | 21.1% |
| Beta vs S&P 500 | 0.16 | 0.28 |
| Max drawdown (3Y) | -39.6% | -16.2% |
| Market cap | $193.1B | $10.2B |
| P/E (trailing) | 37.0 | 9.3 |
| Dividend yield | 2.17% | 2.85% |
| Sector / category | Health Care | US Listed |
Year-by-year returns
| Year | ABT | ORI |
|---|---|---|
| 2022 | -20.7% | +6.7% |
| 2023 | +2.3% | +26.3% |
| 2024 | +4.8% | +27.1% |
| 2025 | +12.9% | +37.5% |
| 2026 | -9.3% | -0.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABT and ORI good diversifiers for each other?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ABT and ORI?
Using weekly returns as of 2026-08-27: 0.44 over 3 years, with 0.55 over the last year and 0.39 over 5 years.
Is ORI a good diversifier for ABT?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.44 mean?
A reading of 0.44 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/abt-vs-ori.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/abt-vs-ori/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ABT correlations · ORI correlations
