ORCL vs SEB: Correlation
How closely do Oracle Corporation (ORCL) and Seaboard Corporation (SEB) trade together? Their weekly returns over three years give a correlation of -0.21, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ORCL and SEB?
Over the past 3 years, ORCL and SEB moved with a correlation of -0.21, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.34 versus -0.21 over 3 years. Over 5 years the correlation is -0.10, and the annualized covariance of weekly returns is -344.0 %².
Among the 30 assets we track against ORCL, SEB ranks #24 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months SEB outperformed by 39.6 percentage points (-34.8% for ORCL against +4.8% for SEB). Risk is not evenly split, since ORCL 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.
ORCL vs SEB: side by side
| ORCL (Oracle Corporation) | SEB (Seaboard Corporation) | |
|---|---|---|
| 1-year return | -34.8% | +4.8% |
| 5-year return | +81.7% | -4.5% |
| Volatility (ann.) | 49.9% | 32.8% |
| Beta vs S&P 500 | 1.71 | -0.07 |
| Max drawdown (3Y) | -64.6% | -37.7% |
| Market cap | $437.7B | $3.8B |
| P/E (trailing) | 25.5 | 6.0 |
| Dividend yield | 1.34% | 0.22% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | ORCL | SEB |
|---|---|---|
| 2022 | -4.6% | -3.8% |
| 2023 | +30.9% | -5.2% |
| 2024 | +60.0% | -31.7% |
| 2025 | +18.1% | +83.5% |
| 2026 | -21.3% | -11.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ORCL and SEB good diversifiers for each other?
Yes. With a correlation of -0.21, ORCL and SEB have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ORCL and SEB?
As of 2026-08-27, the correlation of weekly returns between ORCL and SEB is -0.21 over 3 years, -0.34 over 1 year and -0.10 over 5 years.
Is SEB a good diversifier for ORCL?
Yes. With a correlation of -0.21, ORCL and SEB have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.21 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/orcl-vs-seb.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/orcl-vs-seb/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ORCL correlations · SEB correlations