GEN vs OSG: Correlation
Measured on weekly returns over the past three years, Gen Digital (GEN) and Octave Specialty Group, Inc. (OSG) carry a correlation of 0.45, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GEN and OSG?
Across a 3-year window, the weekly returns of GEN and OSG correlate at 0.45, moderate. Little has changed lately, as the 1-year reading of 0.49 lands near the 3-year figure. Stretching to 5 years gives 0.36, with an annualized covariance of 738.3 %².
By 3-year correlation, OSG places #22 of the 36 assets tracked against GEN. Their recent paths diverged sharply: over the last 12 months GEN outperformed by 50.2 percentage points (+1.2% for GEN against -49.0% for OSG). One caveat on sizing: OSG is 1.6 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
GEN vs OSG: side by side
| GEN (Gen Digital) | OSG (Octave Specialty Group, Inc.) | |
|---|---|---|
| 1-year return | +1.2% | -49.0% |
| 5-year return | +26.3% | -68.2% |
| Volatility (ann.) | 31.7% | 51.8% |
| Beta vs S&P 500 | 1.02 | 0.86 |
| Max drawdown (3Y) | -43.6% | -78.5% |
| Market cap | $18.3B | $0.2B |
| P/E (trailing) | 17.3 | – |
| Dividend yield | 1.69% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | GEN | OSG |
|---|---|---|
| 2022 | -15.8% | +8.7% |
| 2023 | +9.3% | -5.5% |
| 2024 | +22.4% | -23.2% |
| 2025 | +1.1% | -38.5% |
| 2026 | +13.9% | -42.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GEN and OSG good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.45 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between GEN and OSG?
The GEN/OSG correlation stands at 0.45 on a 3-year window (1 year: 0.49, 5 years: 0.36), computed from weekly returns as of 2026-08-27.
Is OSG a good diversifier for GEN?
Yes, to a useful degree: a correlation of 0.45 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.45 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/gen-vs-osg.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gen-vs-osg/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GEN correlations · OSG correlations
