ORIO vs STEX: Correlation
Measured on weekly returns over the past three years, Orion Digital Corp. (ORIO) and Streamex Corp. (STEX) carry a correlation of 0.38, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ORIO and STEX?
Across a 3-year window, the weekly returns of ORIO and STEX correlate at 0.38, moderate. The relationship has been stable: the 1-year correlation (0.46) sits close to the 3-year figure. Stretching to 5 years gives 0.30, with an annualized covariance of 5668.8 %².
By 3-year correlation, STEX places #8 of the 13 assets tracked against ORIO. Correlation aside, the last 12 months split them widely, with ORIO ahead by 28.0 points (-54.7% versus -82.7%). One caveat on sizing: STEX is 2.4 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
ORIO vs STEX: side by side
| ORIO (Orion Digital Corp.) | STEX (Streamex Corp.) | |
|---|---|---|
| 1-year return | -54.7% | -82.7% |
| 5-year return | -94.6% | -97.3% |
| Volatility (ann.) | 79.6% | 188.3% |
| Beta vs S&P 500 | 2.19 | 1.71 |
| Max drawdown (3Y) | -75.9% | -96.0% |
| Market cap | – | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ORIO | STEX |
|---|---|---|
| 2022 | -84.5% | -81.2% |
| 2023 | +15.9% | +13.1% |
| 2024 | -26.1% | -68.6% |
| 2025 | -21.3% | +103.4% |
| 2026 | -18.7% | -72.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ORIO and STEX good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ORIO and STEX?
Using weekly returns as of 2026-08-27: 0.38 over 3 years, with 0.46 over the last year and 0.30 over 5 years.
Is STEX a good diversifier for ORIO?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.38 mean?
On the −1 to +1 scale, 0.38 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/orio-vs-stex.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/orio-vs-stex/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ORIO correlations · STEX correlations
