INHD vs OCC: Correlation
How closely do Inno Holdings Inc. (INHD) and Optical Cable Corporation (OCC) trade together? Their weekly returns over three years give a correlation of 0.47, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are INHD and OCC?
Across a 3-year window, the weekly returns of INHD and OCC correlate at 0.47, moderate. The link has tightened recently: the 1-year correlation (0.62) runs above the 3-year figure (0.47). Stretching to 5 years gives n/a, with an annualized covariance of 115372.9 %².
Among the 25 assets we track against INHD, OCC ranks #5 by 3-year correlation. The last year tells two different stories: OCC led by 217.4 percentage points, -99.8% for INHD against +117.6% for OCC. One caveat on sizing: INHD is 21.3 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.
INHD vs OCC: side by side
| INHD (Inno Holdings Inc.) | OCC (Optical Cable Corporation) | |
|---|---|---|
| 1-year return | -99.8% | +117.6% |
| 5-year return | n/a | +297.7% |
| Volatility (ann.) | 2238.2% | 105.3% |
| Beta vs S&P 500 | -0.52 | 1.07 |
| Max drawdown (3Y) | -100.0% | -61.1% |
| Market cap | – | $0.1B |
| P/E (trailing) | 0.2 | 106.5 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | INHD | OCC |
|---|---|---|
| 2022 | – | -17.7% |
| 2023 | – | -38.9% |
| 2024 | -67.3% | +33.7% |
| 2025 | -99.0% | +23.3% |
| 2026 | -73.7% | +211.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are INHD and OCC good diversifiers for each other?
A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between INHD and OCC?
The INHD/OCC correlation stands at 0.47 on a 3-year window (1 year: 0.62, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is OCC a good diversifier for INHD?
A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
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/inhd-vs-occ.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/inhd-vs-occ/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: INHD correlations · OCC correlations
