OSCR vs SITC: Correlation
How closely do Oscar Health, Inc. (OSCR) and SITE Centers Corp. (SITC) trade together? Their weekly returns over three years give a correlation of 0.33, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OSCR and SITC?
Over the past 3 years, OSCR and SITC moved with a correlation of 0.33, which is moderate. The link has loosened recently: the 1-year correlation (0.20) runs below the 3-year figure (0.33). Over 5 years the correlation is 0.33, and the annualized covariance of weekly returns is 649.1 %².
Among the 10 assets we track against OSCR, SITC ranks #5 by 3-year correlation. The last year tells two different stories: OSCR led by 119.8 percentage points, +76.6% for OSCR against -43.2% for SITC. Note the risk asymmetry: OSCR runs 3.2 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
OSCR vs SITC: side by side
| OSCR (Oscar Health, Inc.) | SITC (SITE Centers Corp.) | |
|---|---|---|
| 1-year return | +76.6% | -43.2% |
| 5-year return | +96.9% | -37.3% |
| Volatility (ann.) | 80.0% | 24.9% |
| Beta vs S&P 500 | 1.29 | 0.73 |
| Max drawdown (3Y) | -53.4% | -59.0% |
| Market cap | $9.3B | $0.2B |
| P/E (trailing) | 24.0 | 1.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | OSCR | SITC |
|---|---|---|
| 2022 | -68.7% | -2.2% |
| 2023 | +272.0% | +19.2% |
| 2024 | +46.9% | +0.2% |
| 2025 | +6.9% | -15.1% |
| 2026 | +109.1% | -39.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OSCR and SITC good diversifiers for each other?
A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between OSCR and SITC?
Using weekly returns as of 2026-08-27: 0.33 over 3 years, with 0.20 over the last year and 0.33 over 5 years.
Is SITC a good diversifier for OSCR?
A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.33 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/oscr-vs-sitc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/oscr-vs-sitc/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: OSCR correlations · SITC correlations
