FTH vs OEC: Correlation
Faeth Therapeutics, Inc. (FTH) and Orion S.A. (OEC) show a negative relationship: their 3-year correlation of weekly returns is -0.21.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FTH and OEC?
On 3 years of weekly data the FTH/OEC correlation comes out at -0.21, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.27 over 1 year against -0.21 over 3. The 5-year figure is -0.14, and annualized covariance runs at -2033.0 %².
Within FTH's tracked universe of 19 assets, OEC comes in at #11 by 3-year correlation. Correlation aside, the last 12 months split them widely, with FTH ahead by 359.9 points (+320.7% versus -39.2%). Risk is not evenly split, since FTH carries 3.7 times the volatility of the other side.
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.
FTH vs OEC: side by side
| FTH (Faeth Therapeutics, Inc.) | OEC (Orion S.A.) | |
|---|---|---|
| 1-year return | +320.7% | -39.2% |
| 5-year return | -83.6% | -64.2% |
| Volatility (ann.) | 189.5% | 51.9% |
| Beta vs S&P 500 | 1.77 | 1.04 |
| Max drawdown (3Y) | -84.3% | -84.5% |
| Market cap | $0.9B | $0.4B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 1.35% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FTH | OEC |
|---|---|---|
| 2022 | -74.3% | -2.4% |
| 2023 | -53.6% | +56.2% |
| 2024 | -29.2% | -42.8% |
| 2025 | +8.9% | -66.4% |
| 2026 | +216.2% | +20.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FTH and OEC good diversifiers for each other?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
FAQ
What is the correlation between FTH and OEC?
As of 2026-08-27, the correlation of weekly returns between FTH and OEC is -0.21 over 3 years, -0.27 over 1 year and -0.14 over 5 years.
Is OEC a good diversifier for FTH?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
What does a correlation of -0.21 mean?
On the −1 to +1 scale, -0.21 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/fth-vs-oec.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/fth-vs-oec/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FTH correlations · OEC correlations
