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OHI vs SATL: Correlation

Omega Healthcare Investors, Inc. (OHI) and Satellogic Inc. (SATL) show a negative relationship: their 3-year correlation of weekly returns is -0.26.

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

Correlation (3Y)
-0.26
negative
Correlation (1Y)
-0.33
last 12 months
Correlation (5Y)
-0.18
long-run
Ann. covariance
-611.1
%² · weekly, annualized

How correlated are OHI and SATL?

On 3 years of weekly data the OHI/SATL correlation comes out at -0.26, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.33 lands near the 3-year figure. The 5-year figure is -0.18, and annualized covariance runs at -611.1 %².

Among the 12 assets we track against OHI, SATL sits near the bottom by co-movement, at rank #12. Correlation aside, the last 12 months split them widely, with SATL ahead by 29.9 points (+15.2% versus +45.1%). Risk is not evenly split, since SATL carries 7.6 times the volatility of the other side.

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.

OHI vs SATL: side by side

OHI (Omega Healthcare Investors, Inc.)SATL (Satellogic Inc.)
1-year return+15.2%+45.1%
5-year return+107.9%-45.8%
Volatility (ann.)17.7%134.8%
Beta vs S&P 5000.091.81
Max drawdown (3Y)-15.5%-73.2%
Market cap$14.8B$0.8B
P/E (trailing)16.5
Dividend yield5.73%0.00%
Sector / categoryUS ListedUS Listed
Higher yield: OHI 5.73% vs 0.00%Smaller drawdown: OHI -15.5% vs -73.2%Higher 5y return: OHI +107.9% vs -45.8%
-61%0%+203%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. OHI · SATL

Year-by-year returns

YearOHISATL
2022+3.5%-68.6%
2023+19.9%-42.6%
2024+33.6%+62.9%
2025+25.5%-34.4%
2026+9.0%+184.0%

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

Are OHI and SATL good diversifiers for each other?

Yes. With a correlation of -0.26, OHI and SATL have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

FAQ

What is the correlation between OHI and SATL?

Using weekly returns as of 2026-08-27: -0.26 over 3 years, with -0.33 over the last year and -0.18 over 5 years.

Is SATL a good diversifier for OHI?

Yes. With a correlation of -0.26, OHI and SATL have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

What does a correlation of -0.26 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

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OHI vs SATL: 3-year weekly correlation -0.26OHI vs SATL-0.26

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Related comparisons

Hubs: OHI correlations · SATL correlations