OMEX vs STLN: Correlation
How closely do Odyssey Marine Exploration, Inc. (OMEX) and Starling Oncology, Inc. (STLN) trade together? Their weekly returns over three years give a correlation of 0.36, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OMEX and STLN?
Across a 3-year window, the weekly returns of OMEX and STLN correlate at 0.36, moderate. The relationship has been stable: the 1-year correlation (0.34) sits close to the 3-year figure. Stretching to 5 years gives 0.24, with an annualized covariance of 6386.7 %².
Among the 14 assets we track against OMEX, STLN ranks #6 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months STLN outperformed by 136.2 percentage points (-53.0% for OMEX against +83.2% for STLN).
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.
OMEX vs STLN: side by side
| OMEX (Odyssey Marine Exploration, Inc.) | STLN (Starling Oncology, Inc.) | |
|---|---|---|
| 1-year return | -53.0% | +83.2% |
| 5-year return | -83.6% | -36.1% |
| Volatility (ann.) | 152.5% | 116.5% |
| Beta vs S&P 500 | 2.12 | 1.39 |
| Max drawdown (3Y) | -94.6% | -94.8% |
| Market cap | $0.1B | $0.6B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | OMEX | STLN |
|---|---|---|
| 2022 | -25.4% | -83.1% |
| 2023 | +19.8% | +23.6% |
| 2024 | -84.5% | -84.9% |
| 2025 | +172.2% | +1052.1% |
| 2026 | -54.0% | +78.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OMEX and STLN good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between OMEX and STLN?
Using weekly returns as of 2026-08-27: 0.36 over 3 years, with 0.34 over the last year and 0.24 over 5 years.
Is STLN a good diversifier for OMEX?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.36 mean?
On the −1 to +1 scale, 0.36 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/omex-vs-stln.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/omex-vs-stln/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: OMEX correlations · STLN correlations
