OPEN vs TELO: Correlation
Opendoor Technologies Inc (OPEN) and Telomir Pharmaceuticals, Inc. (TELO) show a moderate relationship: their 3-year correlation of weekly returns is 0.43.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OPEN and TELO?
Over the past 3 years, OPEN and TELO moved with a correlation of 0.43, which is moderate. The relationship has been stable: the 1-year correlation (0.33) sits close to the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 7977.6 %².
By 3-year correlation, TELO places #9 of the 18 assets tracked against OPEN. Neither side won the trailing year by much: -15.9% against -19.6%.
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.
OPEN vs TELO: side by side
| OPEN (Opendoor Technologies Inc) | TELO (Telomir Pharmaceuticals, Inc.) | |
|---|---|---|
| 1-year return | -15.9% | -19.6% |
| 5-year return | -80.8% | n/a |
| Volatility (ann.) | 145.6% | 119.3% |
| Beta vs S&P 500 | 2.46 | 1.22 |
| Max drawdown (3Y) | -89.2% | -92.3% |
| Market cap | $3.3B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | OPEN | TELO |
|---|---|---|
| 2022 | -92.1% | – |
| 2023 | +286.2% | – |
| 2024 | -64.3% | – |
| 2025 | +264.4% | -67.7% |
| 2026 | -42.0% | -10.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OPEN and TELO good diversifiers for each other?
Reasonably. At 0.43, OPEN and TELO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between OPEN and TELO?
As of 2026-08-27, the correlation of weekly returns between OPEN and TELO is 0.43 over 3 years, 0.33 over 1 year and n/a over 5 years.
Is TELO a good diversifier for OPEN?
Reasonably. At 0.43, OPEN and TELO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.43 mean?
A reading of 0.43 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/open-vs-telo.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/open-vs-telo/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: OPEN correlations · TELO correlations
