OKYO vs TAOX: Correlation
OKYO Pharma Limited (OKYO) and Tao Synergies Inc. (TAOX) show a weak 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 OKYO and TAOX?
Across a 3-year window, the weekly returns of OKYO and TAOX correlate at 0.29, weak. Recent behaviour matches the longer record: 0.27 over 1 year against 0.29 over 3. Stretching to 5 years gives 0.12, with an annualized covariance of 2033.3 %².
By 3-year correlation, TAOX places #5 of the 12 assets tracked against OKYO. On 12-month performance OKYO holds a 6.8-point edge, -31.4% against -38.2%.
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.
OKYO vs TAOX: side by side
| OKYO (OKYO Pharma Limited) | TAOX (Tao Synergies Inc.) | |
|---|---|---|
| 1-year return | -31.4% | -38.2% |
| 5-year return | -57.2% | -97.5% |
| Volatility (ann.) | 76.6% | 92.9% |
| Beta vs S&P 500 | 0.56 | 1.78 |
| Max drawdown (3Y) | -69.1% | -84.6% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | 2.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | OKYO | TAOX |
|---|---|---|
| 2022 | – | -86.4% |
| 2023 | -7.3% | -76.6% |
| 2024 | -35.0% | -49.0% |
| 2025 | +80.0% | +6.1% |
| 2026 | -25.1% | +16.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OKYO and TAOX good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.29 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between OKYO and TAOX?
Using weekly returns as of 2026-08-27: 0.29 over 3 years, with 0.27 over the last year and 0.12 over 5 years.
Is TAOX a good diversifier for OKYO?
Yes, to a useful degree: a correlation of 0.29 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.29 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/okyo-vs-taox.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/okyo-vs-taox/)
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Related comparisons
Hubs: OKYO correlations · TAOX correlations
