CKX vs ORI: Correlation
Measured on weekly returns over the past three years, CKX Lands, Inc. (CKX) and Old Republic International Corporation (ORI) carry a correlation of -0.28, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CKX and ORI?
Across a 3-year window, the weekly returns of CKX and ORI correlate at -0.28, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.38 over 1 year against -0.28 over 3. Stretching to 5 years gives -0.19, with an annualized covariance of -149.6 %².
ORI is close to the least connected end of CKX's tracked universe, ranking #14 of 14. Correlation aside, the last 12 months split them widely, with ORI ahead by 20.1 points (-5.1% versus +15.0%).
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.
CKX vs ORI: side by side
| CKX (CKX Lands, Inc.) | ORI (Old Republic International Corporation) | |
|---|---|---|
| 1-year return | -5.1% | +15.0% |
| 5-year return | -7.1% | +137.4% |
| Volatility (ann.) | 25.7% | 21.1% |
| Beta vs S&P 500 | 0.01 | 0.28 |
| Max drawdown (3Y) | -37.0% | -16.2% |
| Market cap | – | $10.2B |
| P/E (trailing) | 7.5 | 9.3 |
| Dividend yield | 0.00% | 2.85% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CKX | ORI |
|---|---|---|
| 2022 | -11.2% | +6.7% |
| 2023 | +30.3% | +26.3% |
| 2024 | -2.8% | +27.1% |
| 2025 | -27.4% | +37.5% |
| 2026 | +16.4% | -0.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CKX and ORI good diversifiers for each other?
By historical standards, yes. A correlation of -0.28 means the two rarely move for the same reasons.
FAQ
What is the correlation between CKX and ORI?
As of 2026-08-27, the correlation of weekly returns between CKX and ORI is -0.28 over 3 years, -0.38 over 1 year and -0.19 over 5 years.
Is ORI a good diversifier for CKX?
By historical standards, yes. A correlation of -0.28 means the two rarely move for the same reasons.
What does a correlation of -0.28 mean?
On the −1 to +1 scale, -0.28 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/ckx-vs-ori.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ckx-vs-ori/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CKX correlations · ORI correlations
