OPBK vs RDCM: Correlation
OP Bancorp (OPBK) and Radcom Ltd. (RDCM) show a moderate relationship: their 3-year correlation of weekly returns is 0.37.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OPBK and RDCM?
On 3 years of weekly data the OPBK/RDCM correlation comes out at 0.37, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.13 versus 0.37 over 3 years. The 5-year figure is 0.28, and annualized covariance runs at 489.3 %².
Within OPBK's tracked universe of 15 assets, RDCM comes in at #10 by 3-year correlation. The last year tells two different stories: OPBK led by 31.4 percentage points, +10.6% for OPBK against -20.8% for RDCM.
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.
OPBK vs RDCM: side by side
| OPBK (OP Bancorp) | RDCM (Radcom Ltd.) | |
|---|---|---|
| 1-year return | +10.6% | -20.8% |
| 5-year return | +86.0% | -5.4% |
| Volatility (ann.) | 30.2% | 44.0% |
| Beta vs S&P 500 | 0.65 | 0.64 |
| Max drawdown (3Y) | -41.8% | -38.0% |
| Market cap | $0.2B | $0.2B |
| P/E (trailing) | 7.7 | 24.8 |
| Dividend yield | 3.33% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | OPBK | RDCM |
|---|---|---|
| 2022 | -9.3% | -16.2% |
| 2023 | +3.2% | -26.3% |
| 2024 | +50.5% | +53.3% |
| 2025 | -7.4% | +5.8% |
| 2026 | +10.4% | -20.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OPBK and RDCM good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between OPBK and RDCM?
Using weekly returns as of 2026-08-27: 0.37 over 3 years, with 0.13 over the last year and 0.28 over 5 years.
Is RDCM a good diversifier for OPBK?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.37 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/opbk-vs-rdcm.json
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Related comparisons
Hubs: OPBK correlations · RDCM correlations
