ADCT vs OCUL: Correlation
How closely do ADC Therapeutics SA (ADCT) and Ocular Therapeutix, Inc. (OCUL) trade together? Their weekly returns over three years give a correlation of 0.43, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADCT and OCUL?
Across a 3-year window, the weekly returns of ADCT and OCUL correlate at 0.43, moderate. The past 12 months show a weaker link (0.29) than the 3-year average (0.43). Stretching to 5 years gives 0.37, with an annualized covariance of 3922.4 %².
By 3-year correlation, OCUL places #6 of the 15 assets tracked against ADCT. Correlation aside, the last 12 months split them widely, with OCUL ahead by 53.0 points (-65.2% versus -12.2%).
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.
ADCT vs OCUL: side by side
| ADCT (ADC Therapeutics SA) | OCUL (Ocular Therapeutix, Inc.) | |
|---|---|---|
| 1-year return | -65.2% | -12.2% |
| 5-year return | -96.1% | +0.7% |
| Volatility (ann.) | 116.4% | 77.8% |
| Beta vs S&P 500 | 2.51 | 1.80 |
| Max drawdown (3Y) | -81.9% | -61.6% |
| Market cap | $0.1B | $2.4B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ADCT | OCUL |
|---|---|---|
| 2022 | -81.0% | -59.7% |
| 2023 | -56.8% | +58.7% |
| 2024 | +19.9% | +91.5% |
| 2025 | +77.4% | +42.2% |
| 2026 | -68.3% | -10.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADCT and OCUL good diversifiers for each other?
Reasonably. At 0.43, ADCT and OCUL keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ADCT and OCUL?
Using weekly returns as of 2026-08-27: 0.43 over 3 years, with 0.29 over the last year and 0.37 over 5 years.
Is OCUL a good diversifier for ADCT?
Reasonably. At 0.43, ADCT and OCUL keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.43 mean?
On the −1 to +1 scale, 0.43 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/adct-vs-ocul.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/adct-vs-ocul/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ADCT correlations · OCUL correlations
