OLP vs SGU: Correlation
One Liberty Properties, Inc. (OLP) and Star Group L.P. (SGU) show a moderate relationship: their 3-year correlation of weekly returns is 0.30.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OLP and SGU?
On 3 years of weekly data the OLP/SGU correlation comes out at 0.30, moderate. The relationship has been stable: the 1-year correlation (0.39) sits close to the 3-year figure. The 5-year figure is 0.20, and annualized covariance runs at 145.7 %².
Among the 28 assets we track against OLP, SGU ranks #23 by 3-year correlation. Neither side won the trailing year by much: +13.0% against +14.6%.
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.
OLP vs SGU: side by side
| OLP (One Liberty Properties, Inc.) | SGU (Star Group L.P.) | |
|---|---|---|
| 1-year return | +13.0% | +14.6% |
| 5-year return | +11.9% | +58.3% |
| Volatility (ann.) | 21.5% | 22.6% |
| Beta vs S&P 500 | 0.49 | 0.18 |
| Max drawdown (3Y) | -28.8% | -27.1% |
| Market cap | $0.5B | $0.4B |
| P/E (trailing) | 15.3 | 5.6 |
| Dividend yield | 7.44% | 6.09% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | OLP | SGU |
|---|---|---|
| 2022 | -32.3% | +18.9% |
| 2023 | +7.6% | +0.7% |
| 2024 | +33.5% | +6.3% |
| 2025 | -19.6% | +9.0% |
| 2026 | +23.7% | +11.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OLP and SGU good diversifiers for each other?
A fair diversifier. At 0.30, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between OLP and SGU?
As of 2026-08-27, the correlation of weekly returns between OLP and SGU is 0.30 over 3 years, 0.39 over 1 year and 0.20 over 5 years.
Is SGU a good diversifier for OLP?
A fair diversifier. At 0.30, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.30 mean?
A reading of 0.30 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/olp-vs-sgu.json
Embed this badge (it refreshes with the data), with attribution:
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Related comparisons
Hubs: OLP correlations · SGU correlations
