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OSG vs TBLA: Correlation

Measured on weekly returns over the past three years, Octave Specialty Group, Inc. (OSG) and Taboola.com Ltd. (TBLA) carry a correlation of 0.45, a moderate link.

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

Correlation (3Y)
0.45
moderate
Correlation (1Y)
0.57
last 12 months
Correlation (5Y)
0.32
long-run
Ann. covariance
1099.8
%² · weekly, annualized

How correlated are OSG and TBLA?

Across a 3-year window, the weekly returns of OSG and TBLA correlate at 0.45, moderate. The link has tightened recently: the 1-year correlation (0.57) runs above the 3-year figure (0.45). Stretching to 5 years gives 0.32, with an annualized covariance of 1099.8 %².

Few assets follow OSG as closely as TBLA, which ranks #2 of 10 tracked partners. Their recent paths diverged sharply: over the last 12 months TBLA outperformed by 60.5 percentage points (-49.0% for OSG against +11.5% for TBLA).

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.

OSG vs TBLA: side by side

OSG (Octave Specialty Group, Inc.)TBLA (Taboola.com Ltd.)
1-year return-49.0%+11.5%
5-year return-68.2%-57.5%
Volatility (ann.)51.8%47.2%
Beta vs S&P 5000.861.17
Max drawdown (3Y)-78.5%-47.8%
Market cap$0.2B$1.0B
P/E (trailing)9.7
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: TBLA -47.8% vs -78.5%Higher 5y return: TBLA -57.5% vs -68.2%
-57%0%+64%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. OSG · TBLA

Year-by-year returns

YearOSGTBLA
2022+8.7%-60.4%
2023-5.5%+40.6%
2024-23.2%-15.7%
2025-38.5%+26.3%
2026-42.0%-18.2%

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

Are OSG and TBLA good diversifiers for each other?

Reasonably. At 0.45, OSG and TBLA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between OSG and TBLA?

Using weekly returns as of 2026-08-27: 0.45 over 3 years, with 0.57 over the last year and 0.32 over 5 years.

Is TBLA a good diversifier for OSG?

Reasonably. At 0.45, OSG and TBLA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

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.

Use this data

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/osg-vs-tbla.json

OSG vs TBLA: 3-year weekly correlation 0.45OSG vs TBLA0.45

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Related comparisons

Hubs: OSG correlations · TBLA correlations