CELU vs OSCR: Correlation
How closely do Celularity Inc. (CELU) and Oscar Health, Inc. (OSCR) trade together? Their weekly returns over three years give a correlation of -0.24, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CELU and OSCR?
Over the past 3 years, CELU and OSCR moved with a correlation of -0.24, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.17 over 1 year against -0.24 over 3. Over 5 years the correlation is -0.10, and the annualized covariance of weekly returns is -3118.1 %².
OSCR is close to the least connected end of CELU's tracked universe, ranking #12 of 13. Their recent paths diverged sharply: over the last 12 months OSCR outperformed by 121.3 percentage points (-44.7% for CELU against +76.6% for OSCR). Note the risk asymmetry: CELU runs 2.1 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.
CELU vs OSCR: side by side
| CELU (Celularity Inc.) | OSCR (Oscar Health, Inc.) | |
|---|---|---|
| 1-year return | -44.7% | +76.6% |
| 5-year return | -97.5% | +96.9% |
| Volatility (ann.) | 165.1% | 80.0% |
| Beta vs S&P 500 | 3.11 | 1.29 |
| Max drawdown (3Y) | -91.4% | -53.4% |
| Market cap | $0.1B | $9.3B |
| P/E (trailing) | – | 24.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CELU | OSCR |
|---|---|---|
| 2022 | -74.8% | -68.7% |
| 2023 | -80.9% | +272.0% |
| 2024 | -15.8% | +46.9% |
| 2025 | -46.6% | +6.9% |
| 2026 | +89.2% | +109.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CELU and OSCR good diversifiers for each other?
Yes. With a correlation of -0.24, CELU and OSCR have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between CELU and OSCR?
As of 2026-08-27, the correlation of weekly returns between CELU and OSCR is -0.24 over 3 years, -0.17 over 1 year and -0.10 over 5 years.
Is OSCR a good diversifier for CELU?
Yes. With a correlation of -0.24, CELU and OSCR have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.24 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/celu-vs-oscr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/celu-vs-oscr/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CELU correlations · OSCR correlations
