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
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 500 | 0.09 | 1.81 |
| Max drawdown (3Y) | -15.5% | -73.2% |
| Market cap | $14.8B | $0.8B |
| P/E (trailing) | 16.5 | – |
| Dividend yield | 5.73% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | OHI | SATL |
|---|---|---|
| 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
$ curl https://www.pairbook.io/api/v1/pairs/ohi-vs-satl.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ohi-vs-satl/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: OHI correlations · SATL correlations