FTH vs OLB: Correlation
Faeth Therapeutics, Inc. (FTH) and The OLB Group, Inc. (OLB) show a moderate relationship: their 3-year correlation of weekly returns is 0.47.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FTH and OLB?
On 3 years of weekly data the FTH/OLB correlation comes out at 0.47, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.72 versus 0.47 over 3 years. The 5-year figure is 0.40, and annualized covariance runs at 10109.1 %².
In FTH's tracked universe of 19 assets, OLB sits right near the top at #3. Their recent paths diverged sharply: over the last 12 months FTH outperformed by 393.6 percentage points (+320.7% for FTH against -72.9% for OLB). Risk is not evenly split, since FTH carries 1.7 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 OLB: side by side
| FTH (Faeth Therapeutics, Inc.) | OLB (The OLB Group, Inc.) | |
|---|---|---|
| 1-year return | +320.7% | -72.9% |
| 5-year return | -83.6% | -99.2% |
| Volatility (ann.) | 189.5% | 114.0% |
| Beta vs S&P 500 | 1.77 | 1.51 |
| Max drawdown (3Y) | -84.3% | -97.5% |
| Market cap | $0.9B | – |
| P/E (trailing) | – | 0.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FTH | OLB |
|---|---|---|
| 2022 | -74.3% | -68.3% |
| 2023 | -53.6% | +26.4% |
| 2024 | -29.2% | -80.5% |
| 2025 | +8.9% | -70.1% |
| 2026 | +216.2% | -50.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FTH and OLB good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between FTH and OLB?
Using weekly returns as of 2026-08-27: 0.47 over 3 years, with 0.72 over the last year and 0.40 over 5 years.
Is OLB a good diversifier for FTH?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.47 mean?
A reading of 0.47 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/fth-vs-olb.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fth-vs-olb/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FTH correlations · OLB correlations
