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OGE vs PSIG: Correlation

OGE Energy Corp (OGE) and PS International Group Ltd. (PSIG) show a negative relationship: their 3-year correlation of weekly returns is -0.23.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.23
negative
Correlation (1Y)
-0.26
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
-644.4
%² · weekly, annualized

How correlated are OGE and PSIG?

Over the past 3 years, OGE and PSIG moved with a correlation of -0.23, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.26 lands near the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -644.4 %².

PSIG is close to the least connected end of OGE's tracked universe, ranking #41 of 42. The last year tells two different stories: OGE led by 59.4 percentage points, +5.5% for OGE against -53.9% for PSIG. One caveat on sizing: PSIG is 8.9 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.

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 PSIG: side by side

OGE (OGE Energy Corp)PSIG (PS International Group Ltd.)
1-year return+5.5%-53.9%
5-year return+60.6%n/a
Volatility (ann.)17.6%157.0%
Beta vs S&P 5000.200.97
Max drawdown (3Y)-11.3%-96.0%
Market cap$9.5B
P/E (trailing)20.4
Dividend yield3.64%0.00%
Sector / categoryUS ListedUS Listed
Higher yield: OGE 3.64% vs 0.00%Smaller drawdown: OGE -11.3% vs -96.0%
-70%0%+218%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). OGE · PSIG

Year-by-year returns

YearOGEPSIG
2022+7.6%
2023-7.5%
2024+23.7%
2025+7.6%+8.3%
2026+10.8%-62.9%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are OGE and PSIG good diversifiers for each other?

Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.

FAQ

What is the correlation between OGE and PSIG?

The OGE/PSIG correlation stands at -0.23 on a 3-year window (1 year: -0.26, 5 years: n/a), computed from weekly returns as of 2026-08-27.

Is PSIG a good diversifier for OGE?

Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.

What does a correlation of -0.23 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/oge-vs-psig.json

OGE vs PSIG: 3-year weekly correlation -0.23OGE vs PSIG-0.23

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Related comparisons

Hubs: OGE correlations · PSIG correlations