HUBC vs OTLK: Correlation
Measured on weekly returns over the past three years, Hub Cyber Security Ltd. (HUBC) and Outlook Therapeutics, Inc. (OTLK) carry a correlation of 0.36, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HUBC and OTLK?
Over the past 3 years, HUBC and OTLK moved with a correlation of 0.36, which is moderate. The past 12 months show a tighter link (0.49) than the 3-year average (0.36). Over 5 years the correlation is 0.31, and the annualized covariance of weekly returns is 9873.5 %².
Among the 12 assets we track against HUBC, OTLK ranks #5 by 3-year correlation. The last year tells two different stories: OTLK led by 27.0 percentage points, -100.0% for HUBC against -73.0% for OTLK.
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.
HUBC vs OTLK: side by side
| HUBC (Hub Cyber Security Ltd.) | OTLK (Outlook Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | -100.0% | -73.0% |
| 5-year return | -100.0% | -98.8% |
| Volatility (ann.) | 189.4% | 143.2% |
| Beta vs S&P 500 | 1.46 | 0.95 |
| Max drawdown (3Y) | -100.0% | -99.3% |
| Market cap | – | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HUBC | OTLK |
|---|---|---|
| 2022 | – | -20.6% |
| 2023 | -98.2% | -63.5% |
| 2024 | -68.2% | -76.0% |
| 2025 | -94.4% | -16.4% |
| 2026 | -100.0% | -59.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HUBC and OTLK good diversifiers for each other?
Reasonably. At 0.36, HUBC and OTLK keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between HUBC and OTLK?
As of 2026-08-27, the correlation of weekly returns between HUBC and OTLK is 0.36 over 3 years, 0.49 over 1 year and 0.31 over 5 years.
Is OTLK a good diversifier for HUBC?
Reasonably. At 0.36, HUBC and OTLK keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.36 mean?
A reading of 0.36 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/hubc-vs-otlk.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/hubc-vs-otlk/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: HUBC correlations · OTLK correlations
