OLB vs RLMD: Correlation
The OLB Group, Inc. (OLB) and Relmada Therapeutics, Inc. (RLMD) show a moderate relationship: their 3-year correlation of weekly returns is 0.34.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OLB and RLMD?
Over the past 3 years, OLB and RLMD moved with a correlation of 0.34, which is moderate. The past 12 months show a weaker link (0.01) than the 3-year average (0.34). Over 5 years the correlation is 0.28, and the annualized covariance of weekly returns is 5178.0 %².
Within OLB's tracked universe of 10 assets, RLMD comes in at #4 by 3-year correlation. Correlation aside, the last 12 months split them widely, with RLMD ahead by 647.5 points (-72.9% versus +574.6%).
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.
OLB vs RLMD: side by side
| OLB (The OLB Group, Inc.) | RLMD (Relmada Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | -72.9% | +574.6% |
| 5-year return | -99.2% | -81.0% |
| Volatility (ann.) | 114.0% | 134.2% |
| Beta vs S&P 500 | 1.51 | 1.62 |
| Max drawdown (3Y) | -97.5% | -96.3% |
| Market cap | – | $0.5B |
| P/E (trailing) | 0.2 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | OLB | RLMD |
|---|---|---|
| 2022 | -68.3% | -84.5% |
| 2023 | +26.4% | +18.6% |
| 2024 | -80.5% | -87.4% |
| 2025 | -70.1% | +828.8% |
| 2026 | -50.6% | -6.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OLB and RLMD good diversifiers for each other?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between OLB and RLMD?
Using weekly returns as of 2026-08-27: 0.34 over 3 years, with 0.01 over the last year and 0.28 over 5 years.
Is RLMD a good diversifier for OLB?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.34 mean?
A reading of 0.34 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/olb-vs-rlmd.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/olb-vs-rlmd/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: OLB correlations · RLMD correlations
