AVAH vs OPRX: Correlation
Aveanna Healthcare Holdings Inc. (AVAH) and OptimizeRx Corporation (OPRX) show a moderate relationship: their 3-year correlation of weekly returns is 0.49.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AVAH and OPRX?
On 3 years of weekly data the AVAH/OPRX correlation comes out at 0.49, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.35 versus 0.49 over 3 years. The 5-year figure is 0.36, and annualized covariance runs at 3015.2 %².
Few assets follow AVAH as closely as OPRX, which ranks #2 of 11 tracked partners. Their recent paths diverged sharply: over the last 12 months AVAH outperformed by 131.4 percentage points (+76.1% for AVAH against -55.3% for OPRX).
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.
AVAH vs OPRX: side by side
| AVAH (Aveanna Healthcare Holdings Inc.) | OPRX (OptimizeRx Corporation) | |
|---|---|---|
| 1-year return | +76.1% | -55.3% |
| 5-year return | +46.9% | -88.3% |
| Volatility (ann.) | 73.8% | 83.6% |
| Beta vs S&P 500 | 1.38 | 2.12 |
| Max drawdown (3Y) | -39.4% | -79.1% |
| Market cap | $3.0B | $0.1B |
| P/E (trailing) | 10.8 | 31.3 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AVAH | OPRX |
|---|---|---|
| 2022 | -89.5% | -73.0% |
| 2023 | +243.6% | -14.8% |
| 2024 | +70.5% | -66.0% |
| 2025 | +78.8% | +152.3% |
| 2026 | +69.2% | -36.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AVAH and OPRX good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between AVAH and OPRX?
The AVAH/OPRX correlation stands at 0.49 on a 3-year window (1 year: 0.35, 5 years: 0.36), computed from weekly returns as of 2026-08-27.
Is OPRX a good diversifier for AVAH?
Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.49 mean?
On the −1 to +1 scale, 0.49 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/avah-vs-oprx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/avah-vs-oprx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AVAH correlations · OPRX correlations
