ISPC vs ORBS: Correlation
Measured on weekly returns over the past three years, iSpecimen Inc. (ISPC) and Eightco Holdings Inc. (ORBS) carry a correlation of 0.61, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ISPC and ORBS?
On 3 years of weekly data the ISPC/ORBS correlation comes out at 0.61, strong. The link has tightened recently: the 1-year correlation (0.80) runs above the 3-year figure (0.61). The 5-year figure is 0.57, and annualized covariance runs at 42476.5 %².
In ISPC's tracked universe of 15 assets, ORBS sits right near the top at #2. Correlation aside, the last 12 months split them widely, with ORBS ahead by 49.7 points (-94.6% versus -44.9%). One caveat on sizing: ORBS is 4.7 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.
ISPC vs ORBS: side by side
| ISPC (iSpecimen Inc.) | ORBS (Eightco Holdings Inc.) | |
|---|---|---|
| 1-year return | -94.6% | -44.9% |
| 5-year return | -100.0% | -100.0% |
| Volatility (ann.) | 121.8% | 575.8% |
| Beta vs S&P 500 | 0.67 | 3.91 |
| Max drawdown (3Y) | -99.8% | -98.7% |
| Market cap | – | $0.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ISPC | ORBS |
|---|---|---|
| 2022 | -82.4% | – |
| 2023 | -63.6% | -94.6% |
| 2024 | -73.5% | -14.8% |
| 2025 | -90.2% | -21.0% |
| 2026 | -84.6% | -52.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ISPC and ORBS good diversifiers for each other?
Somewhat, no more. With 0.61 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between ISPC and ORBS?
As of 2026-08-27, the correlation of weekly returns between ISPC and ORBS is 0.61 over 3 years, 0.80 over 1 year and 0.57 over 5 years.
Is ORBS a good diversifier for ISPC?
Somewhat, no more. With 0.61 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.61 mean?
A reading of 0.61 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/ispc-vs-orbs.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ispc-vs-orbs/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ISPC correlations · ORBS correlations
