JELD vs OSUR: Correlation
Measured on weekly returns over the past three years, JELD-WEN Holding, Inc. (JELD) and OraSure Technologies, Inc. (OSUR) 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 JELD and OSUR?
Over the past 3 years, JELD and OSUR moved with a correlation of 0.45, which is moderate. Recent behaviour matches the longer record: 0.44 over 1 year against 0.45 over 3. Over 5 years the correlation is 0.29, and the annualized covariance of weekly returns is 1480.0 %².
Within JELD's tracked universe of 16 assets, OSUR comes in at #6 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months OSUR outperformed by 74.2 percentage points (-63.7% for JELD against +10.5% for OSUR). Risk is not evenly split, since JELD carries 2.0 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.
JELD vs OSUR: side by side
| JELD (JELD-WEN Holding, Inc.) | OSUR (OraSure Technologies, Inc.) | |
|---|---|---|
| 1-year return | -63.7% | +10.5% |
| 5-year return | -92.5% | -66.1% |
| Volatility (ann.) | 80.7% | 40.8% |
| Beta vs S&P 500 | 2.01 | 0.83 |
| Max drawdown (3Y) | -95.5% | -74.7% |
| Market cap | $0.2B | $0.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | JELD | OSUR |
|---|---|---|
| 2022 | -63.4% | -44.5% |
| 2023 | +95.6% | +70.1% |
| 2024 | -56.6% | -56.0% |
| 2025 | -70.0% | -33.0% |
| 2026 | -11.4% | +52.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JELD and OSUR good diversifiers for each other?
Reasonably. At 0.45, JELD and OSUR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between JELD and OSUR?
Using weekly returns as of 2026-08-27: 0.45 over 3 years, with 0.44 over the last year and 0.29 over 5 years.
Is OSUR a good diversifier for JELD?
Reasonably. At 0.45, JELD and OSUR keep a meaningful degree of independence, and combining them has historically reduced portfolio 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/jeld-vs-osur.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/jeld-vs-osur/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: JELD correlations · OSUR correlations
