DRTS vs ORMP: Correlation
Measured on weekly returns over the past three years, Alpha Tau Medical Ltd. (DRTS) and Oramed Pharmaceuticals Inc. (ORMP) carry a correlation of 0.37, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DRTS and ORMP?
On 3 years of weekly data the DRTS/ORMP correlation comes out at 0.37, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.63 versus 0.37 over 3 years. The 5-year figure is 0.12, and annualized covariance runs at 1019.8 %².
Few assets follow DRTS as closely as ORMP, which ranks #3 of 10 tracked partners. The last year tells two different stories: DRTS led by 192.0 percentage points, +339.5% for DRTS against +147.5% for ORMP.
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.
DRTS vs ORMP: side by side
| DRTS (Alpha Tau Medical Ltd.) | ORMP (Oramed Pharmaceuticals Inc.) | |
|---|---|---|
| 1-year return | +339.5% | +147.5% |
| 5-year return | +50.5% | -71.1% |
| Volatility (ann.) | 58.3% | 47.3% |
| Beta vs S&P 500 | 0.85 | 0.65 |
| Max drawdown (3Y) | -48.3% | -50.3% |
| Market cap | $1.4B | $0.2B |
| P/E (trailing) | – | 1.3 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DRTS | ORMP |
|---|---|---|
| 2022 | -67.6% | -15.8% |
| 2023 | -5.3% | -80.8% |
| 2024 | +3.0% | +4.8% |
| 2025 | +59.7% | +17.8% |
| 2026 | +199.2% | +92.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DRTS and ORMP good diversifiers for each other?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between DRTS and ORMP?
Using weekly returns as of 2026-08-27: 0.37 over 3 years, with 0.63 over the last year and 0.12 over 5 years.
Is ORMP a good diversifier for DRTS?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.37 mean?
A reading of 0.37 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/drts-vs-ormp.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/drts-vs-ormp/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DRTS correlations · ORMP correlations
