ABM vs OMH: Correlation
How closely do ABM Industries Incorporated (ABM) and Ohmyhome Limited - Class A (OMH) trade together? Their weekly returns over three years give a correlation of -0.27, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABM and OMH?
Across a 3-year window, the weekly returns of ABM and OMH correlate at -0.27, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.03 versus -0.27 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of -3525.6 %².
Out of 12 assets tracked against ABM, OMH lands near the bottom at #10. Correlation aside, the last 12 months split them widely, with ABM ahead by 91.1 points (-2.5% versus -93.6%). Risk is not evenly split, since OMH carries 15.5 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.
ABM vs OMH: side by side
| ABM (ABM Industries Incorporated) | OMH (Ohmyhome Limited - Class A) | |
|---|---|---|
| 1-year return | -2.5% | -93.6% |
| 5-year return | +6.5% | n/a |
| Volatility (ann.) | 28.9% | 448.2% |
| Beta vs S&P 500 | 0.79 | -3.85 |
| Max drawdown (3Y) | -34.4% | -97.9% |
| Market cap | $2.8B | – |
| P/E (trailing) | 18.4 | – |
| Dividend yield | 2.32% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ABM | OMH |
|---|---|---|
| 2022 | +10.7% | – |
| 2023 | +3.0% | – |
| 2024 | +16.4% | -73.9% |
| 2025 | -15.5% | +102.0% |
| 2026 | +13.8% | -90.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABM and OMH good diversifiers for each other?
Yes. With a correlation of -0.27, ABM and OMH have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ABM and OMH?
The ABM/OMH correlation stands at -0.27 on a 3-year window (1 year: -0.03, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is OMH a good diversifier for ABM?
Yes. With a correlation of -0.27, ABM and OMH have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.27 mean?
On the −1 to +1 scale, -0.27 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/abm-vs-omh.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/abm-vs-omh/)
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Related comparisons
Hubs: ABM correlations · OMH correlations
