GDDY vs OCC: Correlation
GoDaddy (GDDY) and Optical Cable Corporation (OCC) show a negative relationship: their 3-year correlation of weekly returns is -0.24.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GDDY and OCC?
On 3 years of weekly data the GDDY/OCC correlation comes out at -0.24, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.40) than the 3-year average (-0.24). The 5-year figure is -0.15, and annualized covariance runs at -852.2 %².
Out of 32 assets tracked against GDDY, OCC lands near the bottom at #29. Their recent paths diverged sharply: over the last 12 months OCC outperformed by 152.0 percentage points (-34.4% for GDDY against +117.6% for OCC). Risk is not evenly split, since OCC carries 3.1 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.
GDDY vs OCC: side by side
| GDDY (GoDaddy) | OCC (Optical Cable Corporation) | |
|---|---|---|
| 1-year return | -34.4% | +117.6% |
| 5-year return | +32.1% | +297.7% |
| Volatility (ann.) | 33.6% | 105.3% |
| Beta vs S&P 500 | 0.93 | 1.07 |
| Max drawdown (3Y) | -65.0% | -61.1% |
| Market cap | $12.3B | $0.1B |
| P/E (trailing) | 14.4 | 106.5 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | GDDY | OCC |
|---|---|---|
| 2022 | -11.8% | -17.7% |
| 2023 | +41.9% | -38.9% |
| 2024 | +85.9% | +33.7% |
| 2025 | -37.1% | +23.3% |
| 2026 | -21.8% | +211.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GDDY and OCC good diversifiers for each other?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
FAQ
What is the correlation between GDDY and OCC?
As of 2026-08-27, the correlation of weekly returns between GDDY and OCC is -0.24 over 3 years, -0.40 over 1 year and -0.15 over 5 years.
Is OCC a good diversifier for GDDY?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
What does a correlation of -0.24 mean?
A reading of -0.24 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/gddy-vs-occ.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gddy-vs-occ/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: GDDY correlations · OCC correlations
