ADSK vs OCC: Correlation
Measured on weekly returns over the past three years, Autodesk (ADSK) and Optical Cable Corporation (OCC) carry a correlation of -0.20, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADSK and OCC?
On 3 years of weekly data the ADSK/OCC correlation comes out at -0.20, 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 (-0.20). The 5-year figure is -0.09, and annualized covariance runs at -654.2 %².
By 3-year correlation, OCC places #37 of the 44 assets tracked against ADSK. The last year tells two different stories: OCC led by 123.0 percentage points, -5.4% for ADSK against +117.6% for OCC. Note the risk asymmetry: OCC runs 3.4 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.
ADSK vs OCC: side by side
| ADSK (Autodesk) | OCC (Optical Cable Corporation) | |
|---|---|---|
| 1-year return | -5.4% | +117.6% |
| 5-year return | -13.7% | +297.7% |
| Volatility (ann.) | 30.9% | 105.3% |
| Beta vs S&P 500 | 1.04 | 1.07 |
| Max drawdown (3Y) | -42.6% | -61.1% |
| Market cap | $57.1B | $0.1B |
| P/E (trailing) | 37.2 | 106.5 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | ADSK | OCC |
|---|---|---|
| 2022 | -33.5% | -17.7% |
| 2023 | +30.3% | -38.9% |
| 2024 | +21.4% | +33.7% |
| 2025 | +0.1% | +23.3% |
| 2026 | -8.6% | +211.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADSK and OCC good diversifiers for each other?
Yes. With a correlation of -0.20, ADSK and OCC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ADSK and OCC?
As of 2026-08-27, the correlation of weekly returns between ADSK and OCC is -0.20 over 3 years, -0.48 over 1 year and -0.09 over 5 years.
Is OCC a good diversifier for ADSK?
Yes. With a correlation of -0.20, ADSK and OCC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.20 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/adsk-vs-occ.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/adsk-vs-occ/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ADSK correlations · OCC correlations
