CGEN vs OCS: Correlation
Compugen Ltd. (CGEN) and Oculis Holding AG (OCS) show a moderate relationship: their 3-year correlation of weekly returns is 0.34.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CGEN and OCS?
On 3 years of weekly data the CGEN/OCS correlation comes out at 0.34, moderate. The past 12 months show a tighter link (0.46) than the 3-year average (0.34). The 5-year figure is 0.25, and annualized covariance runs at 1885.9 %².
Among the 18 assets we track against CGEN, OCS ranks #10 by 3-year correlation. Correlation aside, the last 12 months split them widely, with CGEN ahead by 116.1 points (+87.8% versus -28.3%). One caveat on sizing: CGEN is 1.7 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
CGEN vs OCS: side by side
| CGEN (Compugen Ltd.) | OCS (Oculis Holding AG) | |
|---|---|---|
| 1-year return | +87.8% | -28.3% |
| 5-year return | -59.2% | +28.5% |
| Volatility (ann.) | 95.6% | 57.7% |
| Beta vs S&P 500 | 1.63 | 0.76 |
| Max drawdown (3Y) | -60.0% | -67.2% |
| Market cap | $0.3B | $0.7B |
| P/E (trailing) | 7.3 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CGEN | OCS |
|---|---|---|
| 2022 | -83.3% | +4.2% |
| 2023 | +175.0% | +11.2% |
| 2024 | -22.7% | +51.4% |
| 2025 | +0.0% | +17.5% |
| 2026 | +80.4% | -37.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CGEN and OCS good diversifiers for each other?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CGEN and OCS?
As of 2026-08-27, the correlation of weekly returns between CGEN and OCS is 0.34 over 3 years, 0.46 over 1 year and 0.25 over 5 years.
Is OCS a good diversifier for CGEN?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.34 mean?
On the −1 to +1 scale, 0.34 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/cgen-vs-ocs.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cgen-vs-ocs/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CGEN correlations · OCS correlations
