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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

Correlation (3Y)
-0.27
negative
Correlation (1Y)
-0.47
last 12 months
Correlation (5Y)
-0.22
long-run
Ann. covariance
-2233.6
%² · weekly, annualized

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 5001.851.07
Max drawdown (3Y)-98.2%-61.1%
Market cap$0.1B
P/E (trailing)106.5
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: OCC -61.1% vs -98.2%Higher 5y return: OCC +297.7% vs -98.2%
-94%0%+261%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. CRMT · OCC

Year-by-year returns

YearCRMTOCC
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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/crmt-vs-occ.json

CRMT vs OCC: 3-year weekly correlation -0.27CRMT vs OCC-0.27

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Related comparisons

Hubs: CRMT correlations · OCC correlations