ρ +0.43beyond mkt +0.19holdout +0.45stable 100%robust
OPTT Ocean Power Technologies, Inc.
- Last close
- 0.43
- 504-day return
- -90.10%
- Median $/day
- $1.6M
- Relationships shown
- 15
together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture
OPTT vs ARQQ
Both indexed to 100 at 2026-05-11.
Moves with OPTT
Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").
ρ +0.34beyond mkt +0.18holdout +0.42stable 88%robust
ρ +0.31beyond mkt +0.17holdout +0.36stable 88%robust
ρ +0.37beyond mkt +0.17holdout +0.25stable 100%robust
ρ +0.38beyond mkt +0.17holdout +0.42stable 100%robust
ρ +0.44beyond mkt +0.17holdout +0.37stable 100%robust
Moves against OPTT
Weekly, not daily
No day-to-day relationship, but 5- or 10-day returns move together.
horizon 10dρ +0.59holdout +0.48stable 38%moderate
horizon 10dρ +0.43holdout +0.32stable 75%robust
horizon 5dρ +0.39holdout +0.46stable 62%moderate
horizon 10dρ +0.39holdout +0.26stable 25%moderate
horizon 5dρ +0.38holdout +0.48stable 88%robust
horizon 5dρ +0.38holdout +0.53stable 75%robust
Changed this quarter
Biggest shifts in same-day correlation over the last 63 trading days versus the year before.
Δ -0.63recent -0.35prior +0.28beyond mkt -0.02
Δ -0.52recent -0.38prior +0.14beyond mkt -0.03
Δ -0.48recent -0.17prior +0.31beyond mkt -0.01
Δ -0.47recent -0.16prior +0.31beyond mkt +0.08
Δ -0.45recent -0.13prior +0.32beyond mkt -0.00
Δ -0.44recent -0.11prior +0.33beyond mkt -0.05