FCN vs ORA: Correlation
Measured on weekly returns over the past three years, FTI Consulting, Inc. (FCN) and Ormat Technologies, Inc. (ORA) carry a correlation of -0.25, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FCN and ORA?
Across a 3-year window, the weekly returns of FCN and ORA correlate at -0.25, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.27) sits close to the 3-year figure. Stretching to 5 years gives -0.17, with an annualized covariance of -182.9 %².
ORA is close to the least connected end of FCN's tracked universe, ranking #14 of 17. Correlation aside, the last 12 months split them widely, with ORA ahead by 24.8 points (-10.6% versus +14.2%).
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.
FCN vs ORA: side by side
| FCN (FTI Consulting, Inc.) | ORA (Ormat Technologies, Inc.) | |
|---|---|---|
| 1-year return | -10.6% | +14.2% |
| 5-year return | +7.8% | +53.7% |
| Volatility (ann.) | 27.0% | 27.5% |
| Beta vs S&P 500 | 0.18 | 0.55 |
| Max drawdown (3Y) | -39.2% | -35.0% |
| Market cap | $4.2B | $6.5B |
| P/E (trailing) | 18.4 | 50.7 |
| Dividend yield | 0.00% | 0.46% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FCN | ORA |
|---|---|---|
| 2022 | +3.5% | +9.7% |
| 2023 | +25.4% | -11.8% |
| 2024 | -4.0% | -10.1% |
| 2025 | -10.6% | +64.1% |
| 2026 | -11.0% | -4.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FCN and ORA good diversifiers for each other?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
FAQ
What is the correlation between FCN and ORA?
Using weekly returns as of 2026-08-27: -0.25 over 3 years, with -0.27 over the last year and -0.17 over 5 years.
Is ORA a good diversifier for FCN?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
What does a correlation of -0.25 mean?
A reading of -0.25 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: FCN correlations · ORA correlations