ANIX vs ORIC: Correlation
Anixa Biosciences, Inc. (ANIX) and Oric Pharmaceuticals, Inc. (ORIC) show a moderate relationship: their 3-year correlation of weekly returns is 0.37.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ANIX and ORIC?
Across a 3-year window, the weekly returns of ANIX and ORIC correlate at 0.37, moderate. The relationship has been stable: the 1-year correlation (0.41) sits close to the 3-year figure. Stretching to 5 years gives 0.22, with an annualized covariance of 1726.2 %².
Few assets follow ANIX as closely as ORIC, which ranks #2 of 10 tracked partners. The trailing year gives ORIC the advantage: +22.0% versus +33.9%, a 11.9-point spread.
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.
ANIX vs ORIC: side by side
| ANIX (Anixa Biosciences, Inc.) | ORIC (Oric Pharmaceuticals, Inc.) | |
|---|---|---|
| 1-year return | +22.0% | +33.9% |
| 5-year return | -34.3% | -38.1% |
| Volatility (ann.) | 57.0% | 82.6% |
| Beta vs S&P 500 | 0.60 | 1.30 |
| Max drawdown (3Y) | -57.6% | -73.5% |
| Market cap | $0.1B | $1.4B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ANIX | ORIC |
|---|---|---|
| 2022 | +43.1% | -59.9% |
| 2023 | -8.7% | +56.2% |
| 2024 | -40.2% | -12.3% |
| 2025 | +34.5% | +1.4% |
| 2026 | +15.4% | +68.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ANIX and ORIC good diversifiers for each other?
Reasonably. At 0.37, ANIX and ORIC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ANIX and ORIC?
The ANIX/ORIC correlation stands at 0.37 on a 3-year window (1 year: 0.41, 5 years: 0.22), computed from weekly returns as of 2026-08-27.
Is ORIC a good diversifier for ANIX?
Reasonably. At 0.37, ANIX and ORIC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.37 mean?
On the −1 to +1 scale, 0.37 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/anix-vs-oric.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/anix-vs-oric/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ANIX correlations · ORIC correlations
