OGEN vs WBX: Correlation
Oragenics Inc. (OGEN) and Wallbox N.V. Class A (WBX) show a negative relationship: their 3-year correlation of weekly returns is -0.29.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OGEN and WBX?
On 3 years of weekly data the OGEN/WBX correlation comes out at -0.29, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.08) runs above the 3-year figure (-0.29). The 5-year figure is -0.25, and annualized covariance runs at -34098.7 %².
WBX is close to the least connected end of OGEN's tracked universe, ranking #9 of 10. Their recent paths diverged sharply: over the last 12 months WBX outperformed by 19.7 percentage points (-51.6% for OGEN against -31.9% for WBX). One caveat on sizing: WBX is 8.0 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.
OGEN vs WBX: side by side
| OGEN (Oragenics Inc.) | WBX (Wallbox N.V. Class A) | |
|---|---|---|
| 1-year return | -51.6% | -31.9% |
| 5-year return | -100.0% | -70.7% |
| Volatility (ann.) | 122.0% | 975.4% |
| Beta vs S&P 500 | 1.97 | 4.88 |
| Max drawdown (3Y) | -99.8% | -91.3% |
| Market cap | – | $0.1B |
| P/E (trailing) | 0.5 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | OGEN | WBX |
|---|---|---|
| 2022 | -75.6% | -78.1% |
| 2023 | -14.7% | -51.1% |
| 2024 | -93.4% | -71.4% |
| 2025 | -93.0% | +367.1% |
| 2026 | -31.8% | +23.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OGEN and WBX good diversifiers for each other?
Yes: at -0.29, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between OGEN and WBX?
The OGEN/WBX correlation stands at -0.29 on a 3-year window (1 year: 0.08, 5 years: -0.25), computed from weekly returns as of 2026-08-27.
Is WBX a good diversifier for OGEN?
Yes: at -0.29, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.29 mean?
On the −1 to +1 scale, -0.29 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/ogen-vs-wbx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ogen-vs-wbx/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: OGEN correlations · WBX correlations
