CRMT vs OCC: Correlation
Measured on weekly returns over the past three years, America's Car-Mart, Inc. (CRMT) and Optical Cable Corporation (OCC) carry a correlation of -0.27, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRMT and OCC?
Across a 3-year window, the weekly returns of CRMT and OCC correlate at -0.27, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.47 versus -0.27 over 3 years. Stretching to 5 years gives -0.22, with an annualized covariance of -2233.6 %².
Among the 13 assets we track against CRMT, OCC sits near the bottom by co-movement, at rank #10. The last year tells two different stories: OCC led by 212.7 percentage points, -95.1% for CRMT against +117.6% for OCC.
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.
CRMT vs OCC: side by side
| CRMT (America's Car-Mart, Inc.) | OCC (Optical Cable Corporation) | |
|---|---|---|
| 1-year return | -95.1% | +117.6% |
| 5-year return | -98.2% | +297.7% |
| Volatility (ann.) | 78.3% | 105.3% |
| Beta vs S&P 500 | 1.85 | 1.07 |
| Max drawdown (3Y) | -98.2% | -61.1% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | 106.5 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CRMT | OCC |
|---|---|---|
| 2022 | -29.4% | -17.7% |
| 2023 | +4.9% | -38.9% |
| 2024 | -32.4% | +33.7% |
| 2025 | -50.7% | +23.3% |
| 2026 | -90.9% | +211.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRMT and OCC good diversifiers for each other?
Yes: at -0.27, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CRMT and OCC?
As of 2026-08-27, the correlation of weekly returns between CRMT and OCC is -0.27 over 3 years, -0.47 over 1 year and -0.22 over 5 years.
Is OCC a good diversifier for CRMT?
Yes: at -0.27, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.27 mean?
On the −1 to +1 scale, -0.27 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/crmt-vs-occ.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/crmt-vs-occ/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CRMT correlations · OCC correlations