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COMP vs OPK: Correlation

Measured on weekly returns over the past three years, Compass, Inc. (COMP) and Opko Health, Inc. (OPK) carry a correlation of 0.39, a moderate link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.39
moderate
Correlation (1Y)
0.30
last 12 months
Correlation (5Y)
0.30
long-run
Ann. covariance
1170.8
%² · weekly, annualized

How correlated are COMP and OPK?

Over the past 3 years, COMP and OPK moved with a correlation of 0.39, which is moderate. Recent behaviour matches the longer record: 0.30 over 1 year against 0.39 over 3. Over 5 years the correlation is 0.30, and the annualized covariance of weekly returns is 1170.8 %².

Among the 14 assets we track against COMP, OPK ranks #8 by 3-year correlation. The trailing year gives COMP the advantage: +19.6% versus +5.6%, a 14.0-point spread.

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.

COMP vs OPK: side by side

COMP (Compass, Inc.)OPK (Opko Health, Inc.)
1-year return+19.6%+5.6%
5-year return-33.6%-60.9%
Volatility (ann.)61.9%48.2%
Beta vs S&P 5001.540.84
Max drawdown (3Y)-50.8%-53.2%
Market cap$8.5B$1.1B
P/E (trailing)185.0
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: COMP -50.8% vs -53.2%Higher 5y return: COMP -33.6% vs -60.9%
-27%0%+38%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). COMP · OPK

Year-by-year returns

YearCOMPOPK
2022-74.4%-74.0%
2023+61.4%+20.8%
2024+55.6%-2.6%
2025+80.7%-14.3%
2026+5.0%+19.0%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are COMP and OPK good diversifiers for each other?

A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between COMP and OPK?

As of 2026-08-27, the correlation of weekly returns between COMP and OPK is 0.39 over 3 years, 0.30 over 1 year and 0.30 over 5 years.

Is OPK a good diversifier for COMP?

A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.39 mean?

A reading of 0.39 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

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COMP vs OPK: 3-year weekly correlation 0.39COMP vs OPK0.39

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Related comparisons

Hubs: COMP correlations · OPK correlations