ONL vs RETO: Correlation
Orion Properties Inc. (ONL) and ReTo Eco-Solutions, Inc. - Class A Shares (RETO) show a negative relationship: their 3-year correlation of weekly returns is -0.39.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ONL and RETO?
Over the past 3 years, ONL and RETO moved with a correlation of -0.39, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.10) runs above the 3-year figure (-0.39). Over 5 years the correlation is -0.32, and the annualized covariance of weekly returns is -8083.9 %².
Out of 14 assets tracked against ONL, RETO lands near the bottom at #12. Their recent paths diverged sharply: over the last 12 months ONL outperformed by 99.7 percentage points (+3.4% for ONL against -96.3% for RETO). Risk is not evenly split, since RETO carries 7.8 times the volatility of the other side.
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.
ONL vs RETO: side by side
| ONL (Orion Properties Inc.) | RETO (ReTo Eco-Solutions, Inc. - Class A Shares) | |
|---|---|---|
| 1-year return | +3.4% | -96.3% |
| 5-year return | -79.8% | -100.0% |
| Volatility (ann.) | 51.4% | 399.9% |
| Beta vs S&P 500 | 1.30 | -2.83 |
| Max drawdown (3Y) | -71.5% | -99.5% |
| Market cap | $0.2B | – |
| P/E (trailing) | – | – |
| Dividend yield | 2.85% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ONL | RETO |
|---|---|---|
| 2022 | -52.4% | -75.9% |
| 2023 | -28.4% | -99.1% |
| 2024 | -27.4% | -74.9% |
| 2025 | -36.9% | -57.1% |
| 2026 | +30.1% | -81.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ONL and RETO good diversifiers for each other?
Yes. With a correlation of -0.39, ONL and RETO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ONL and RETO?
The ONL/RETO correlation stands at -0.39 on a 3-year window (1 year: -0.10, 5 years: -0.32), computed from weekly returns as of 2026-08-27.
Is RETO a good diversifier for ONL?
Yes. With a correlation of -0.39, ONL and RETO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.39 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/onl-vs-reto.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/onl-vs-reto/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ONL correlations · RETO correlations
