LRMR vs OCUL: Correlation
Measured on weekly returns over the past three years, Larimar Therapeutics, Inc. (LRMR) and Ocular Therapeutix, Inc. (OCUL) carry a correlation of 0.53, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LRMR and OCUL?
Across a 3-year window, the weekly returns of LRMR and OCUL correlate at 0.53, moderate. The relationship has been stable: the 1-year correlation (0.47) sits close to the 3-year figure. Stretching to 5 years gives 0.36, with an annualized covariance of 4222.5 %².
OCUL is one of the assets that tracks LRMR most closely: it ranks #2 out of the 13 assets we track against LRMR. The last year tells two different stories: LRMR led by 16.0 percentage points, +3.8% for LRMR against -12.2% for OCUL.
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.
LRMR vs OCUL: side by side
| LRMR (Larimar Therapeutics, Inc.) | OCUL (Ocular Therapeutix, Inc.) | |
|---|---|---|
| 1-year return | +3.8% | -12.2% |
| 5-year return | -71.6% | +0.7% |
| Volatility (ann.) | 101.9% | 77.8% |
| Beta vs S&P 500 | 1.81 | 1.80 |
| Max drawdown (3Y) | -87.1% | -61.6% |
| Market cap | $0.4B | $2.4B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LRMR | OCUL |
|---|---|---|
| 2022 | -61.7% | -59.7% |
| 2023 | +10.2% | +58.7% |
| 2024 | -14.9% | +91.5% |
| 2025 | -1.6% | +42.2% |
| 2026 | +6.3% | -10.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LRMR and OCUL good diversifiers for each other?
Only partially. A correlation of 0.53 means LRMR and OCUL share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between LRMR and OCUL?
As of 2026-08-27, the correlation of weekly returns between LRMR and OCUL is 0.53 over 3 years, 0.47 over 1 year and 0.36 over 5 years.
Is OCUL a good diversifier for LRMR?
Only partially. A correlation of 0.53 means LRMR and OCUL share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.53 mean?
A reading of 0.53 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/lrmr-vs-ocul.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/lrmr-vs-ocul/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: LRMR correlations · OCUL correlations
