OC vs SUPN: Correlation
Measured on weekly returns over the past three years, Owens Corning Inc (OC) and Supernus Pharmaceuticals, Inc. (SUPN) carry a correlation of 0.41, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OC and SUPN?
Over the past 3 years, OC and SUPN moved with a correlation of 0.41, which is moderate. The relationship has been stable: the 1-year correlation (0.48) sits close to the 3-year figure. Over 5 years the correlation is 0.35, and the annualized covariance of weekly returns is 472.0 %².
Out of 24 assets tracked against OC, SUPN lands near the bottom at #20. Neither side won the trailing year by much: -3.6% against -2.0%.
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.
OC vs SUPN: side by side
| OC (Owens Corning Inc) | SUPN (Supernus Pharmaceuticals, Inc.) | |
|---|---|---|
| 1-year return | -3.6% | -2.0% |
| 5-year return | +60.3% | +67.3% |
| Volatility (ann.) | 35.1% | 32.5% |
| Beta vs S&P 500 | 1.41 | 0.69 |
| Max drawdown (3Y) | -52.5% | -30.1% |
| Market cap | $11.4B | $2.6B |
| P/E (trailing) | – | – |
| Dividend yield | 2.10% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | OC | SUPN |
|---|---|---|
| 2022 | -4.2% | +22.3% |
| 2023 | +77.2% | -18.9% |
| 2024 | +16.6% | +24.9% |
| 2025 | -33.0% | +37.4% |
| 2026 | +30.9% | -11.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OC and SUPN good diversifiers for each other?
Reasonably. At 0.41, OC and SUPN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between OC and SUPN?
As of 2026-08-27, the correlation of weekly returns between OC and SUPN is 0.41 over 3 years, 0.48 over 1 year and 0.35 over 5 years.
Is SUPN a good diversifier for OC?
Reasonably. At 0.41, OC and SUPN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.41 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: OC correlations · SUPN correlations
