OKYO vs XTIA: Correlation
OKYO Pharma Limited (OKYO) and XTI Aerospace, Inc. (XTIA) show a moderate relationship: their 3-year correlation of weekly returns is 0.37.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OKYO and XTIA?
Across a 3-year window, the weekly returns of OKYO and XTIA correlate at 0.37, moderate. The link has loosened recently: the 1-year correlation (0.22) runs below the 3-year figure (0.37). Stretching to 5 years gives 0.31, with an annualized covariance of 3586.2 %².
In OKYO's tracked universe of 12 assets, XTIA sits right near the top at #2. The trailing year gives XTIA the advantage: -31.4% versus -25.0%, a 6.4-point spread. One caveat on sizing: XTIA is 1.7 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.
OKYO vs XTIA: side by side
| OKYO (OKYO Pharma Limited) | XTIA (XTI Aerospace, Inc.) | |
|---|---|---|
| 1-year return | -31.4% | -25.0% |
| 5-year return | -57.2% | -100.0% |
| Volatility (ann.) | 76.6% | 127.5% |
| Beta vs S&P 500 | 0.56 | 0.29 |
| Max drawdown (3Y) | -69.1% | -100.0% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | OKYO | XTIA |
|---|---|---|
| 2022 | – | -96.2% |
| 2023 | -7.3% | -96.7% |
| 2024 | -35.0% | -99.2% |
| 2025 | +80.0% | -88.5% |
| 2026 | -25.1% | +11.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OKYO and XTIA good diversifiers for each other?
Reasonably. At 0.37, OKYO and XTIA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between OKYO and XTIA?
As of 2026-08-27, the correlation of weekly returns between OKYO and XTIA is 0.37 over 3 years, 0.22 over 1 year and 0.31 over 5 years.
Is XTIA a good diversifier for OKYO?
Reasonably. At 0.37, OKYO and XTIA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.37 mean?
On the −1 to +1 scale, 0.37 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/okyo-vs-xtia.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/okyo-vs-xtia/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: OKYO correlations · XTIA correlations
