COR vs INTC: Correlation
Cencora (COR) and Intel (INTC) show a negative relationship: their 3-year correlation of weekly returns is -0.16.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are COR and INTC?
On 3 years of weekly data the COR/INTC correlation comes out at -0.16, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.21 lands near the 3-year figure. The 5-year figure is -0.05, and annualized covariance runs at -215.8 %².
Among the 43 assets we track against COR, INTC ranks #22 by 3-year correlation. Correlation aside, the last 12 months split them widely, with INTC ahead by 259.2 points (+11.4% versus +270.6%). The rolling one-year correlation moved between -0.28 and 0.11 over the past three years, a moderate range. Note the risk asymmetry: INTC runs 2.9 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.
COR vs INTC: side by side
| COR (Cencora) | INTC (Intel) | |
|---|---|---|
| 1-year return | +11.4% | +270.6% |
| 5-year return | +188.6% | +85.4% |
| Volatility (ann.) | 21.9% | 63.0% |
| Beta vs S&P 500 | 0.08 | 2.01 |
| Max drawdown (3Y) | -32.4% | -63.8% |
| Market cap | $61.3B | $486.8B |
| P/E (trailing) | 24.3 | – |
| Dividend yield | 0.72% | 0.00% |
| Sector / category | Health Care | Information Technology |
Year-by-year returns
| Year | COR | INTC |
|---|---|---|
| 2022 | +26.3% | -46.6% |
| 2023 | +25.3% | +94.6% |
| 2024 | +10.4% | -59.6% |
| 2025 | +51.5% | +84.0% |
| 2026 | -4.3% | +149.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are COR and INTC good diversifiers for each other?
By historical standards, yes. A correlation of -0.16 means the two rarely move for the same reasons.
FAQ
What is the correlation between COR and INTC?
The COR/INTC correlation stands at -0.16 on a 3-year window (1 year: -0.21, 5 years: -0.05), computed from weekly returns as of 2026-08-27.
Is INTC a good diversifier for COR?
By historical standards, yes. A correlation of -0.16 means the two rarely move for the same reasons.
What does a correlation of -0.16 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/cor-vs-intc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cor-vs-intc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: COR correlations · INTC correlations
