FOXX vs OCC: Correlation
How closely do Foxx Development Holdings Inc. (FOXX) and Optical Cable Corporation (OCC) trade together? Their weekly returns over three years give a correlation of -0.25, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FOXX and OCC?
Over the past 3 years, FOXX and OCC moved with a correlation of -0.25, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.30 lands near the 3-year figure. Over 5 years the correlation is -0.25, and the annualized covariance of weekly returns is -2904.2 %².
Among the 25 assets we track against FOXX, OCC sits near the bottom by co-movement, at rank #23. The last year tells two different stories: OCC led by 171.9 percentage points, -54.3% for FOXX 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.
FOXX vs OCC: side by side
| FOXX (Foxx Development Holdings Inc.) | OCC (Optical Cable Corporation) | |
|---|---|---|
| 1-year return | -54.3% | +117.6% |
| 5-year return | n/a | +297.7% |
| Volatility (ann.) | 108.9% | 105.3% |
| Beta vs S&P 500 | -0.69 | 1.07 |
| Max drawdown (3Y) | -87.3% | -61.1% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | 106.5 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FOXX | OCC |
|---|---|---|
| 2022 | – | -17.7% |
| 2023 | +8.2% | -38.9% |
| 2024 | -48.4% | +33.7% |
| 2025 | -18.7% | +23.3% |
| 2026 | -40.9% | +211.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FOXX and OCC 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 FOXX and OCC?
The FOXX/OCC correlation stands at -0.25 on a 3-year window (1 year: -0.30, 5 years: -0.25), computed from weekly returns as of 2026-08-27.
Is OCC a good diversifier for FOXX?
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?
On the −1 to +1 scale, -0.25 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
$ curl https://www.pairbook.io/api/v1/pairs/foxx-vs-occ.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/foxx-vs-occ/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: FOXX correlations · OCC correlations
