CELC vs ODFL: Correlation
Celcuity Inc. (CELC) and Old Dominion (ODFL) show a negative relationship: their 3-year correlation of weekly returns is -0.16.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CELC and ODFL?
Over the past 3 years, CELC and ODFL moved with a correlation of -0.16, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.14 lands near the 3-year figure. Over 5 years the correlation is -0.13, and the annualized covariance of weekly returns is -688.0 %².
Among the 38 assets we track against CELC, ODFL ranks #13 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months CELC outperformed by 55.7 percentage points (+86.6% for CELC against +30.9% for ODFL). Risk is not evenly split, since CELC carries 3.6 times the volatility of the other side.
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.
CELC vs ODFL: side by side
| CELC (Celcuity Inc.) | ODFL (Old Dominion) | |
|---|---|---|
| 1-year return | +86.6% | +30.9% |
| 5-year return | +324.8% | +39.6% |
| Volatility (ann.) | 124.5% | 34.7% |
| Beta vs S&P 500 | 0.76 | 0.98 |
| Max drawdown (3Y) | -62.0% | -45.2% |
| Market cap | $4.6B | $41.6B |
| P/E (trailing) | – | 38.3 |
| Dividend yield | 0.00% | 0.57% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | CELC | ODFL |
|---|---|---|
| 2022 | +6.2% | -20.5% |
| 2023 | +4.0% | +43.5% |
| 2024 | -10.2% | -12.5% |
| 2025 | +662.0% | -10.5% |
| 2026 | -6.5% | +27.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CELC and ODFL good diversifiers for each other?
Yes: at -0.16, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CELC and ODFL?
As of 2026-08-27, the correlation of weekly returns between CELC and ODFL is -0.16 over 3 years, -0.14 over 1 year and -0.13 over 5 years.
Is ODFL a good diversifier for CELC?
Yes: at -0.16, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.16 mean?
A reading of -0.16 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
$ curl https://www.pairbook.io/api/v1/pairs/celc-vs-odfl.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/celc-vs-odfl/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CELC correlations · ODFL correlations
