CGEM vs ORMP: Correlation
Measured on weekly returns over the past three years, Cullinan Therapeutics, Inc. (CGEM) and Oramed Pharmaceuticals Inc. (ORMP) carry a correlation of 0.36, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CGEM and ORMP?
Over the past 3 years, CGEM and ORMP moved with a correlation of 0.36, which is moderate. The relationship has been stable: the 1-year correlation (0.41) sits close to the 3-year figure. Over 5 years the correlation is 0.19, and the annualized covariance of weekly returns is 1238.6 %².
By 3-year correlation, ORMP places #7 of the 13 assets tracked against CGEM. Their recent paths diverged sharply: over the last 12 months CGEM outperformed by 37.5 percentage points (+185.0% for CGEM against +147.5% for ORMP). Risk is not evenly split, since CGEM carries 1.5 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.
CGEM vs ORMP: side by side
| CGEM (Cullinan Therapeutics, Inc.) | ORMP (Oramed Pharmaceuticals Inc.) | |
|---|---|---|
| 1-year return | +185.0% | +147.5% |
| 5-year return | -23.5% | -71.1% |
| Volatility (ann.) | 72.4% | 47.3% |
| Beta vs S&P 500 | 1.20 | 0.65 |
| Max drawdown (3Y) | -80.4% | -50.3% |
| Market cap | $1.4B | $0.2B |
| P/E (trailing) | – | 1.3 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CGEM | ORMP |
|---|---|---|
| 2022 | -31.6% | -15.8% |
| 2023 | -3.4% | -80.8% |
| 2024 | +19.5% | +4.8% |
| 2025 | -15.0% | +17.8% |
| 2026 | +118.4% | +92.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CGEM and ORMP good diversifiers for each other?
Reasonably. At 0.36, CGEM and ORMP keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CGEM and ORMP?
Using weekly returns as of 2026-08-27: 0.36 over 3 years, with 0.41 over the last year and 0.19 over 5 years.
Is ORMP a good diversifier for CGEM?
Reasonably. At 0.36, CGEM and ORMP keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.36 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/cgem-vs-ormp.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cgem-vs-ormp/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CGEM correlations · ORMP correlations
