ODYS vs SNDA: Correlation
Odysight.ai Inc. (ODYS) and Sonida Senior Living, Inc. (SNDA) show a weak relationship: their 3-year correlation of weekly returns is 0.28.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ODYS and SNDA?
On 3 years of weekly data the ODYS/SNDA correlation comes out at 0.28, weak. Lately the two have drifted apart, with the 1-year correlation at -0.05 versus 0.28 over 3 years. The 5-year figure is 0.10, and annualized covariance runs at 1459.3 %².
Within ODYS's tracked universe of 17 assets, SNDA comes in at #4 by 3-year correlation. Correlation aside, the last 12 months split them widely, with SNDA ahead by 49.3 points (-0.3% versus +49.0%).
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.
ODYS vs SNDA: side by side
| ODYS (Odysight.ai Inc.) | SNDA (Sonida Senior Living, Inc.) | |
|---|---|---|
| 1-year return | -0.3% | +49.0% |
| 5-year return | -63.1% | +6.6% |
| Volatility (ann.) | 85.6% | 61.1% |
| Beta vs S&P 500 | 0.24 | 0.66 |
| Max drawdown (3Y) | -71.9% | -41.0% |
| Market cap | $0.1B | $1.9B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ODYS | SNDA |
|---|---|---|
| 2022 | -37.5% | -56.1% |
| 2023 | -39.0% | -22.7% |
| 2024 | +162.3% | +138.9% |
| 2025 | -58.8% | +41.3% |
| 2026 | +15.2% | +19.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ODYS and SNDA good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.28 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ODYS and SNDA?
Using weekly returns as of 2026-08-27: 0.28 over 3 years, with -0.05 over the last year and 0.10 over 5 years.
Is SNDA a good diversifier for ODYS?
Yes, to a useful degree: a correlation of 0.28 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.28 mean?
On the −1 to +1 scale, 0.28 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/odys-vs-snda.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/odys-vs-snda/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ODYS correlations · SNDA correlations
