FNUC vs OCC: Correlation
Measured on weekly returns over the past three years, Frontier Nuclear and Minerals Inc. (FNUC) and Optical Cable Corporation (OCC) carry a correlation of 0.42, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FNUC and OCC?
Over the past 3 years, FNUC and OCC moved with a correlation of 0.42, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.13 versus 0.42 over 3 years. Over 5 years the correlation is 0.35, and the annualized covariance of weekly returns is 10562.9 %².
By 3-year correlation, OCC places #18 of the 26 assets tracked against FNUC. Correlation aside, the last 12 months split them widely, with OCC ahead by 176.7 points (-59.1% versus +117.6%). Note the risk asymmetry: FNUC runs 2.3 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
FNUC vs OCC: side by side
| FNUC (Frontier Nuclear and Minerals Inc.) | OCC (Optical Cable Corporation) | |
|---|---|---|
| 1-year return | -59.1% | +117.6% |
| 5-year return | -99.0% | +297.7% |
| Volatility (ann.) | 237.4% | 105.3% |
| Beta vs S&P 500 | 1.55 | 1.07 |
| Max drawdown (3Y) | -94.2% | -61.1% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | – | 106.5 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FNUC | OCC |
|---|---|---|
| 2022 | -60.4% | -17.7% |
| 2023 | -48.7% | -38.9% |
| 2024 | -17.9% | +33.7% |
| 2025 | -76.0% | +23.3% |
| 2026 | -43.3% | +211.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FNUC and OCC good diversifiers for each other?
A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between FNUC and OCC?
The FNUC/OCC correlation stands at 0.42 on a 3-year window (1 year: 0.13, 5 years: 0.35), computed from weekly returns as of 2026-08-27.
Is OCC a good diversifier for FNUC?
A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.42 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/fnuc-vs-occ.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fnuc-vs-occ/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: FNUC correlations · OCC correlations
