PairBook
HomeOPRX › OPRX vs TNYA

OPRX vs TNYA: Correlation

Measured on weekly returns over the past three years, OptimizeRx Corporation (OPRX) and Tenaya Therapeutics, Inc. (TNYA) carry a correlation of 0.47, a moderate link.

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

Correlation (3Y)
0.47
moderate
Correlation (1Y)
0.18
last 12 months
Correlation (5Y)
0.43
long-run
Ann. covariance
4924.5
%² · weekly, annualized

How correlated are OPRX and TNYA?

Across a 3-year window, the weekly returns of OPRX and TNYA correlate at 0.47, moderate. The past 12 months show a weaker link (0.18) than the 3-year average (0.47). Stretching to 5 years gives 0.43, with an annualized covariance of 4924.5 %².

By 3-year correlation, TNYA places #4 of the 12 assets tracked against OPRX. Correlation aside, the last 12 months split them widely, with TNYA ahead by 18.5 points (-55.3% versus -36.8%). Risk is not evenly split, since TNYA carries 1.5 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.

OPRX vs TNYA: side by side

OPRX (OptimizeRx Corporation)TNYA (Tenaya Therapeutics, Inc.)
1-year return-55.3%-36.8%
5-year return-88.3%-97.3%
Volatility (ann.)83.6%126.0%
Beta vs S&P 5002.122.90
Max drawdown (3Y)-79.1%-94.3%
Market cap$0.1B$0.2B
P/E (trailing)31.3
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: OPRX -79.1% vs -94.3%Higher 5y return: OPRX -88.3% vs -97.3%
-74%0%+56%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. OPRX · TNYA

Year-by-year returns

YearOPRXTNYA
2022-73.0%-89.4%
2023-14.8%+61.2%
2024-66.0%-55.9%
2025+152.3%-50.2%
2026-36.1%-2.4%

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

Are OPRX and TNYA good diversifiers for each other?

Reasonably. At 0.47, OPRX and TNYA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between OPRX and TNYA?

The OPRX/TNYA correlation stands at 0.47 on a 3-year window (1 year: 0.18, 5 years: 0.43), computed from weekly returns as of 2026-08-27.

Is TNYA a good diversifier for OPRX?

Reasonably. At 0.47, OPRX and TNYA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.47 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

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

OPRX vs TNYA: 3-year weekly correlation 0.47OPRX vs TNYA0.47

Drop this badge in a README or notebook; it updates with the data:

[![OPRX vs TNYA correlation](https://www.pairbook.io/api/v1/badge/oprx-vs-tnya.svg)](https://www.pairbook.io/pair/oprx-vs-tnya/)

No key needed, free to use. Full endpoint list in the API documentation.

Related comparisons

Hubs: OPRX correlations · TNYA correlations