LEU vs OKLO: Correlation
Measured on weekly returns over the past three years, Centrus Energy Corp. (LEU) and Oklo Inc. (OKLO) carry a correlation of 0.72, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LEU and OKLO?
Across a 3-year window, the weekly returns of LEU and OKLO correlate at 0.72, strong. Little has changed lately, as the 1-year reading of 0.73 lands near the 3-year figure. Stretching to 5 years gives 0.58, with an annualized covariance of 7169.0 %².
OKLO is one of the assets that tracks LEU most closely: it ranks #1 out of the 14 assets we track against LEU. Their recent paths diverged sharply: over the last 12 months LEU outperformed by 40.1 percentage points (-1.8% for LEU against -41.9% for OKLO).
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.
LEU vs OKLO: side by side
| LEU (Centrus Energy Corp.) | OKLO (Oklo Inc.) | |
|---|---|---|
| 1-year return | -1.8% | -41.9% |
| 5-year return | +636.7% | +332.7% |
| Volatility (ann.) | 84.8% | 117.9% |
| Beta vs S&P 500 | 1.67 | 2.21 |
| Max drawdown (3Y) | -66.4% | -78.8% |
| Market cap | $3.9B | $7.9B |
| P/E (trailing) | 98.9 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LEU | OKLO |
|---|---|---|
| 2022 | -34.9% | +0.7% |
| 2023 | +67.5% | +6.5% |
| 2024 | +22.4% | +101.0% |
| 2025 | +264.4% | +238.0% |
| 2026 | -19.8% | -40.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LEU and OKLO good diversifiers for each other?
To a limited degree. At 0.72 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between LEU and OKLO?
The LEU/OKLO correlation stands at 0.72 on a 3-year window (1 year: 0.73, 5 years: 0.58), computed from weekly returns as of 2026-08-27.
Is OKLO a good diversifier for LEU?
To a limited degree. At 0.72 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.72 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/leu-vs-oklo.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/leu-vs-oklo/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LEU correlations · OKLO correlations
