OMEX vs WNW: Correlation
How closely do Odyssey Marine Exploration, Inc. (OMEX) and Meiwu Technology Company Limited (WNW) trade together? Their weekly returns over three years give a correlation of 0.34, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OMEX and WNW?
On 3 years of weekly data the OMEX/WNW correlation comes out at 0.34, moderate. The relationship has been stable: the 1-year correlation (0.33) sits close to the 3-year figure. The 5-year figure is 0.27, and annualized covariance runs at 8623.4 %².
Among the 14 assets we track against OMEX, WNW ranks #7 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months OMEX outperformed by 45.1 percentage points (-53.0% for OMEX against -98.1% for WNW).
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 WNW: side by side
| OMEX (Odyssey Marine Exploration, Inc.) | WNW (Meiwu Technology Company Limited) | |
|---|---|---|
| 1-year return | -53.0% | -98.1% |
| 5-year return | -83.6% | -100.0% |
| Volatility (ann.) | 152.5% | 167.8% |
| Beta vs S&P 500 | 2.12 | 1.36 |
| Max drawdown (3Y) | -94.6% | -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 | OMEX | WNW |
|---|---|---|
| 2022 | -25.4% | -91.9% |
| 2023 | +19.8% | -49.4% |
| 2024 | -84.5% | -38.5% |
| 2025 | +172.2% | -96.7% |
| 2026 | -54.0% | -97.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OMEX and WNW 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 OMEX and WNW?
The OMEX/WNW correlation stands at 0.34 on a 3-year window (1 year: 0.33, 5 years: 0.27), computed from weekly returns as of 2026-08-27.
Is WNW a good diversifier for OMEX?
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/omex-vs-wnw.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/omex-vs-wnw/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: OMEX correlations · WNW correlations
