ACB vs OGI: Correlation
Measured on weekly returns over the past three years, Aurora Cannabis Inc. (ACB) and Organigram Global Inc. (OGI) carry a correlation of 0.52, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACB and OGI?
Across a 3-year window, the weekly returns of ACB and OGI correlate at 0.52, moderate. The past 12 months show a tighter link (0.66) than the 3-year average (0.52). Stretching to 5 years gives 0.56, with an annualized covariance of 3203.3 %².
In ACB's tracked universe of 15 assets, OGI sits right near the top at #3. Twelve-month performance is nearly a tie, at -24.8% for ACB and -26.3% for OGI.
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.
ACB vs OGI: side by side
| ACB (Aurora Cannabis Inc.) | OGI (Organigram Global Inc.) | |
|---|---|---|
| 1-year return | -24.8% | -26.3% |
| 5-year return | -94.4% | -88.1% |
| Volatility (ann.) | 94.9% | 64.6% |
| Beta vs S&P 500 | 1.23 | 1.67 |
| Max drawdown (3Y) | -73.8% | -68.0% |
| Market cap | $0.3B | $0.2B |
| P/E (trailing) | – | 2.9 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACB | OGI |
|---|---|---|
| 2022 | -82.9% | -54.3% |
| 2023 | -48.4% | -59.1% |
| 2024 | -10.7% | +22.9% |
| 2025 | -0.7% | +4.3% |
| 2026 | -5.0% | -26.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACB and OGI good diversifiers for each other?
Only partially. A correlation of 0.52 means ACB and OGI share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between ACB and OGI?
The ACB/OGI correlation stands at 0.52 on a 3-year window (1 year: 0.66, 5 years: 0.56), computed from weekly returns as of 2026-08-27.
Is OGI a good diversifier for ACB?
Only partially. A correlation of 0.52 means ACB and OGI share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.52 mean?
On the −1 to +1 scale, 0.52 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
$ curl https://www.pairbook.io/api/v1/pairs/acb-vs-ogi.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/acb-vs-ogi/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ACB correlations · OGI correlations
