OGE vs POR: Correlation
Measured on weekly returns over the past three years, OGE Energy Corp (OGE) and Portland General Electric Co (POR) carry a correlation of 0.76, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OGE and POR?
On 3 years of weekly data the OGE/POR correlation comes out at 0.76, strong. Recent behaviour matches the longer record: 0.79 over 1 year against 0.76 over 3. The 5-year figure is 0.78, and annualized covariance runs at 246.1 %².
Among the 42 assets we track against OGE, POR ranks #13 by 3-year correlation. The last year tells two different stories: POR led by 15.5 percentage points, +5.5% for OGE against +21.0% for POR.
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.
OGE vs POR: side by side
| OGE (OGE Energy Corp) | POR (Portland General Electric Co) | |
|---|---|---|
| 1-year return | +5.5% | +21.0% |
| 5-year return | +60.6% | +20.7% |
| Volatility (ann.) | 17.6% | 18.5% |
| Beta vs S&P 500 | 0.20 | 0.10 |
| Max drawdown (3Y) | -11.3% | -16.3% |
| Market cap | $9.5B | $5.9B |
| P/E (trailing) | 20.4 | 22.2 |
| Dividend yield | 3.64% | 4.24% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | OGE | POR |
|---|---|---|
| 2022 | +7.6% | -4.0% |
| 2023 | -7.5% | -7.7% |
| 2024 | +23.7% | +5.3% |
| 2025 | +7.6% | +15.4% |
| 2026 | +10.8% | +6.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OGE and POR good diversifiers for each other?
To a limited degree. At 0.76 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 OGE and POR?
The OGE/POR correlation stands at 0.76 on a 3-year window (1 year: 0.79, 5 years: 0.78), computed from weekly returns as of 2026-08-27.
Is POR a good diversifier for OGE?
To a limited degree. At 0.76 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 0.76 mean?
On the −1 to +1 scale, 0.76 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/oge-vs-por.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/oge-vs-por/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: OGE correlations · POR correlations
