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ORCL vs PLTR: Correlation

Oracle Corporation (ORCL) and Palantir Technologies (PLTR) show a moderate relationship: their 3-year correlation of weekly returns is 0.45.

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

Correlation (3Y)
0.45
moderate
Correlation (1Y)
0.55
last 12 months
Correlation (5Y)
0.42
long-run
Ann. covariance
1587.6
%² · weekly, annualized

How correlated are ORCL and PLTR?

On 3 years of weekly data the ORCL/PLTR correlation comes out at 0.45, moderate. The link has tightened recently: the 1-year correlation (0.55) runs above the 3-year figure (0.45). The 5-year figure is 0.42, and annualized covariance runs at 1587.6 %².

Among the 30 assets we track against ORCL, PLTR ranks #18 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months PLTR outperformed by 53.4 percentage points (-34.8% for ORCL against +18.6% for PLTR). On a rolling one-year basis the correlation drifted between 0.17 and 0.57, a moderate band.

+1.0+0.50-0.5-1.020232026-08-27
Rolling one-year correlation of weekly returns over the past three years.
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.

ORCL vs PLTR: side by side

ORCL (Oracle Corporation)PLTR (Palantir Technologies)
1-year return-34.8%+18.6%
5-year return+81.7%+621.8%
Volatility (ann.)49.9%71.3%
Beta vs S&P 5001.712.47
Max drawdown (3Y)-64.6%-48.2%
Market cap$437.7B$446.8B
P/E (trailing)25.5151.2
Dividend yield1.34%0.00%
Sector / categoryInformation TechnologyInformation Technology
Lower P/E: ORCL 25.5 vs 151.2Higher yield: ORCL 1.34% vs 0.00%Smaller drawdown: PLTR -48.2% vs -64.6%Higher 5y return: PLTR +621.8% vs +81.7%
-50%0%+33%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. ORCL · PLTR

Year-by-year returns

YearORCLPLTR
2022-4.6%-64.7%
2023+30.9%+167.4%
2024+60.0%+340.5%
2025+18.1%+135.0%
2026-21.3%+4.6%

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

Are ORCL and PLTR good diversifiers for each other?

A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between ORCL and PLTR?

As of 2026-08-27, the correlation of weekly returns between ORCL and PLTR is 0.45 over 3 years, 0.55 over 1 year and 0.42 over 5 years.

Is PLTR a good diversifier for ORCL?

A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.45 mean?

A reading of 0.45 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

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ORCL vs PLTR: 3-year weekly correlation 0.45ORCL vs PLTR0.45

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Hubs: ORCL correlations · PLTR correlations