NCI vs OLB: Correlation
Neo-Concept International Group Holdings Limited - Class A (NCI) and The OLB Group, Inc. (OLB) show a moderate relationship: their 3-year correlation of weekly returns is 0.35.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NCI and OLB?
Over the past 3 years, NCI and OLB moved with a correlation of 0.35, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.53 versus 0.35 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 7870.7 %².
By 3-year correlation, OLB places #9 of the 20 assets tracked against NCI. Their recent paths diverged sharply: over the last 12 months NCI outperformed by 67.1 percentage points (-5.8% for NCI against -72.9% for OLB). Risk is not evenly split, since NCI carries 1.6 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.
NCI vs OLB: side by side
| NCI (Neo-Concept International Group Holdings Limited - Class A) | OLB (The OLB Group, Inc.) | |
|---|---|---|
| 1-year return | -5.8% | -72.9% |
| 5-year return | n/a | -99.2% |
| Volatility (ann.) | 184.4% | 114.0% |
| Beta vs S&P 500 | -0.24 | 1.51 |
| Max drawdown (3Y) | -99.0% | -97.5% |
| Market cap | – | – |
| P/E (trailing) | 154.5 | 0.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NCI | OLB |
|---|---|---|
| 2022 | – | -68.3% |
| 2023 | – | +26.4% |
| 2024 | – | -80.5% |
| 2025 | -65.8% | -70.1% |
| 2026 | +36.7% | -50.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NCI and OLB good diversifiers for each other?
A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between NCI and OLB?
The NCI/OLB correlation stands at 0.35 on a 3-year window (1 year: 0.53, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is OLB a good diversifier for NCI?
A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.35 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/nci-vs-olb.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/nci-vs-olb/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: NCI correlations · OLB correlations
