CSW vs OPHC: Correlation
Measured on weekly returns over the past three years, CSW Industrials, Inc. (CSW) and OptimumBank Holdings, Inc. (OPHC) carry a correlation of 0.41, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CSW and OPHC?
Across a 3-year window, the weekly returns of CSW and OPHC correlate at 0.41, moderate. The link has tightened recently: the 1-year correlation (0.56) runs above the 3-year figure (0.41). Stretching to 5 years gives 0.33, with an annualized covariance of 496.2 %².
Out of 12 assets tracked against CSW, OPHC lands near the bottom at #9. Their recent paths diverged sharply: over the last 12 months OPHC outperformed by 81.6 percentage points (+18.4% for CSW against +100.0% for OPHC).
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.
CSW vs OPHC: side by side
| CSW (CSW Industrials, Inc.) | OPHC (OptimumBank Holdings, Inc.) | |
|---|---|---|
| 1-year return | +18.4% | +100.0% |
| 5-year return | +140.7% | +84.4% |
| Volatility (ann.) | 37.7% | 32.0% |
| Beta vs S&P 500 | 1.34 | 0.67 |
| Max drawdown (3Y) | -46.2% | -34.1% |
| Market cap | $5.2B | $0.1B |
| P/E (trailing) | 44.2 | 10.0 |
| Dividend yield | 0.34% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CSW | OPHC |
|---|---|---|
| 2022 | -3.5% | +4.1% |
| 2023 | +79.8% | +2.2% |
| 2024 | +70.6% | +13.9% |
| 2025 | -16.5% | -10.7% |
| 2026 | +8.8% | +105.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CSW and OPHC good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CSW and OPHC?
Using weekly returns as of 2026-08-27: 0.41 over 3 years, with 0.56 over the last year and 0.33 over 5 years.
Is OPHC a good diversifier for CSW?
Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.41 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/csw-vs-ophc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/csw-vs-ophc/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CSW correlations · OPHC correlations
