SOC vs VCEL: Correlation
Sable Offshore Corp. (SOC) and Vericel Corporation (VCEL) show a negative relationship: their 3-year correlation of weekly returns is -0.26.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SOC and VCEL?
On 3 years of weekly data the SOC/VCEL correlation comes out at -0.26, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.48 versus -0.26 over 3 years. The 5-year figure is -0.18, and annualized covariance runs at -1103.2 %².
Among the 31 assets we track against SOC, VCEL sits near the bottom by co-movement, at rank #28. Their recent paths diverged sharply: over the last 12 months VCEL outperformed by 98.3 percentage points (-83.6% for SOC against +14.7% for VCEL). Risk is not evenly split, since SOC carries 2.4 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.
SOC vs VCEL: side by side
| SOC (Sable Offshore Corp.) | VCEL (Vericel Corporation) | |
|---|---|---|
| 1-year return | -83.6% | +14.7% |
| 5-year return | -51.7% | -26.0% |
| Volatility (ann.) | 101.7% | 41.9% |
| Beta vs S&P 500 | 0.03 | 1.00 |
| Max drawdown (3Y) | -90.7% | -52.5% |
| Market cap | $0.9B | $2.1B |
| P/E (trailing) | – | 87.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SOC | VCEL |
|---|---|---|
| 2022 | +3.4% | -33.0% |
| 2023 | +13.3% | +35.2% |
| 2024 | +101.1% | +54.2% |
| 2025 | -60.6% | -34.4% |
| 2026 | -48.3% | +14.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SOC and VCEL good diversifiers for each other?
Yes. With a correlation of -0.26, SOC and VCEL have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between SOC and VCEL?
As of 2026-08-27, the correlation of weekly returns between SOC and VCEL is -0.26 over 3 years, -0.48 over 1 year and -0.18 over 5 years.
Is VCEL a good diversifier for SOC?
Yes. With a correlation of -0.26, SOC and VCEL have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.26 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/soc-vs-vcel.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/soc-vs-vcel/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: SOC correlations · VCEL correlations
