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OPAD vs STI: Correlation

Offerpad Solutions Inc. (OPAD) and Solidion Technology, Inc. (STI) show a strong relationship: their 3-year correlation of weekly returns is 0.78.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.78
strong
Correlation (1Y)
0.89
last 12 months
Correlation (5Y)
0.77
long-run
Ann. covariance
158513.2
%² · weekly, annualized

How correlated are OPAD and STI?

Over the past 3 years, OPAD and STI moved with a correlation of 0.78, which is strong. Lately the two have moved closer together, with the 1-year correlation at 0.89 versus 0.78 over 3 years. Over 5 years the correlation is 0.77, and the annualized covariance of weekly returns is 158513.2 %².

STI is one of the assets that tracks OPAD most closely: it ranks #1 out of the 24 assets we track against OPAD. Correlation aside, the last 12 months split them widely, with STI ahead by 112.1 points (+33.3% versus +145.4%).

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.

OPAD vs STI: side by side

OPAD (Offerpad Solutions Inc.)STI (Solidion Technology, Inc.)
1-year return+33.3%+145.4%
5-year return-96.7%-98.5%
Volatility (ann.)440.7%458.4%
Beta vs S&P 500-1.25-1.02
Max drawdown (3Y)-95.6%-99.5%
Market cap$0.1B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: OPAD -95.6% vs -99.5%Higher 5y return: OPAD -96.7% vs -98.5%
-88%0%+503%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). OPAD · STI

Year-by-year returns

YearOPADSTI
2022-92.8%
2023+48.2%-24.1%
2024-72.2%-90.9%
2025-57.5%-79.7%
2026+270.2%+9.0%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are OPAD and STI good diversifiers for each other?

Somewhat, no more. With 0.78 correlation, most large moves hit both names, and the diversification benefit stays modest.

FAQ

What is the correlation between OPAD and STI?

The OPAD/STI correlation stands at 0.78 on a 3-year window (1 year: 0.89, 5 years: 0.77), computed from weekly returns as of 2026-08-27.

Is STI a good diversifier for OPAD?

Somewhat, no more. With 0.78 correlation, most large moves hit both names, and the diversification benefit stays modest.

What does a correlation of 0.78 mean?

A reading of 0.78 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/opad-vs-sti.json

OPAD vs STI: 3-year weekly correlation 0.78OPAD vs STI0.78

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Related comparisons

Hubs: OPAD correlations · STI correlations