PairBook
HomeADBE › ADBE vs OCC

ADBE vs OCC: Correlation

Measured on weekly returns over the past three years, Adobe Inc. (ADBE) and Optical Cable Corporation (OCC) carry a correlation of -0.22, a negative link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.22
negative
Correlation (1Y)
-0.48
last 12 months
Correlation (5Y)
-0.16
long-run
Ann. covariance
-816.9
%² · weekly, annualized

How correlated are ADBE and OCC?

On 3 years of weekly data the ADBE/OCC correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.48) runs below the 3-year figure (-0.22). The 5-year figure is -0.16, and annualized covariance runs at -816.9 %².

Within ADBE's tracked universe of 32 assets, OCC comes in at #24 by 3-year correlation. Correlation aside, the last 12 months split them widely, with OCC ahead by 136.5 points (-18.9% versus +117.6%). Note the risk asymmetry: OCC runs 3.0 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.

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.

ADBE vs OCC: side by side

ADBE (Adobe Inc.)OCC (Optical Cable Corporation)
1-year return-18.9%+117.6%
5-year return-56.6%+297.7%
Volatility (ann.)35.1%105.3%
Beta vs S&P 5001.041.07
Max drawdown (3Y)-69.5%-61.1%
Market cap$114.9B$0.1B
P/E (trailing)15.6106.5
Dividend yield0.00%0.00%
Sector / categoryInformation TechnologyUS Listed
Lower P/E: ADBE 15.6 vs 106.5Smaller drawdown: OCC -61.1% vs -69.5%Higher 5y return: OCC +297.7% vs -56.6%
-44%0%+261%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. ADBE · OCC

Year-by-year returns

YearADBEOCC
2022-40.7%-17.7%
2023+77.3%-38.9%
2024-25.5%+33.7%
2025-21.3%+23.3%
2026-17.4%+211.0%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are ADBE and OCC good diversifiers for each other?

Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.

FAQ

What is the correlation between ADBE and OCC?

As of 2026-08-27, the correlation of weekly returns between ADBE and OCC is -0.22 over 3 years, -0.48 over 1 year and -0.16 over 5 years.

Is OCC a good diversifier for ADBE?

Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.

What does a correlation of -0.22 mean?

A reading of -0.22 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/adbe-vs-occ.json

ADBE vs OCC: 3-year weekly correlation -0.22ADBE vs OCC-0.22

Drop this badge in a README or notebook; it updates with the data:

[![ADBE vs OCC correlation](https://www.pairbook.io/api/v1/badge/adbe-vs-occ.svg)](https://www.pairbook.io/pair/adbe-vs-occ/)

Free with attribution; caching and terms are described in the API documentation.

Related comparisons

Hubs: ADBE correlations · OCC correlations