KLRS vs OCG: Correlation
How closely do Kalaris Therapeutics, Inc. (KLRS) and Oriental Culture Holding LTD (OCG) trade together? Their weekly returns over three years give a correlation of -0.30, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KLRS and OCG?
Across a 3-year window, the weekly returns of KLRS and OCG correlate at -0.30, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.41) runs below the 3-year figure (-0.30). Stretching to 5 years gives -0.21, with an annualized covariance of -4417.0 %².
OCG is close to the least connected end of KLRS's tracked universe, ranking #14 of 15. Their recent paths diverged sharply: over the last 12 months KLRS outperformed by 133.0 percentage points (+33.1% for KLRS against -99.9% for OCG). Note the risk asymmetry: OCG runs 1.5 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
KLRS vs OCG: side by side
| KLRS (Kalaris Therapeutics, Inc.) | OCG (Oriental Culture Holding LTD) | |
|---|---|---|
| 1-year return | +33.1% | -99.9% |
| 5-year return | -99.1% | -100.0% |
| Volatility (ann.) | 98.7% | 149.7% |
| Beta vs S&P 500 | 1.33 | 0.32 |
| Max drawdown (3Y) | -97.0% | -100.0% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KLRS | OCG |
|---|---|---|
| 2022 | -60.4% | -90.2% |
| 2023 | -86.7% | -42.9% |
| 2024 | -38.2% | -14.0% |
| 2025 | -12.6% | -92.4% |
| 2026 | -51.4% | -97.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KLRS and OCG good diversifiers for each other?
Yes: at -0.30, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between KLRS and OCG?
As of 2026-08-27, the correlation of weekly returns between KLRS and OCG is -0.30 over 3 years, -0.41 over 1 year and -0.21 over 5 years.
Is OCG a good diversifier for KLRS?
Yes: at -0.30, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.30 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.
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Related comparisons
Hubs: KLRS correlations · OCG correlations
