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ORBS vs RAPP: Correlation

Eightco Holdings Inc. (ORBS) and Rapport Therapeutics, Inc. (RAPP) show a moderate relationship: their 3-year correlation of weekly returns is 0.51.

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

Correlation (3Y)
0.51
moderate
Correlation (1Y)
0.77
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
30386.8
%² · weekly, annualized

How correlated are ORBS and RAPP?

On 3 years of weekly data the ORBS/RAPP correlation comes out at 0.51, moderate. The past 12 months show a tighter link (0.77) than the 3-year average (0.51). The 5-year figure is n/a, and annualized covariance runs at 30386.8 %².

Among the 28 assets we track against ORBS, RAPP ranks #8 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months RAPP outperformed by 284.4 percentage points (-44.9% for ORBS against +239.5% for RAPP). Risk is not evenly split, since ORBS carries 6.4 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.

ORBS vs RAPP: side by side

ORBS (Eightco Holdings Inc.)RAPP (Rapport Therapeutics, Inc.)
1-year return-44.9%+239.5%
5-year return-100.0%n/a
Volatility (ann.)575.8%89.6%
Beta vs S&P 5003.911.91
Max drawdown (3Y)-98.7%-75.5%
Market cap$0.3B$2.4B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: RAPP -75.5% vs -98.7%
-60%0%+977%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). ORBS · RAPP

Year-by-year returns

YearORBSRAPP
2023-94.6%
2024-14.8%
2025-21.0%+71.0%
2026-52.6%+67.5%

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

Are ORBS and RAPP good diversifiers for each other?

To a limited degree. At 0.51 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.

FAQ

What is the correlation between ORBS and RAPP?

Using weekly returns as of 2026-08-27: 0.51 over 3 years, with 0.77 over the last year and n/a over 5 years.

Is RAPP a good diversifier for ORBS?

To a limited degree. At 0.51 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.

What does a correlation of 0.51 mean?

A reading of 0.51 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

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ORBS vs RAPP: 3-year weekly correlation 0.51ORBS vs RAPP0.51

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Hubs: ORBS correlations · RAPP correlations