CL vs OMH: Correlation
Measured on weekly returns over the past three years, Colgate-Palmolive (CL) and Ohmyhome Limited - Class A (OMH) carry a correlation of -0.26, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CL and OMH?
On 3 years of weekly data the CL/OMH correlation comes out at -0.26, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.10 versus -0.26 over 3 years. The 5-year figure is n/a, and annualized covariance runs at -1950.7 %².
Among the 40 assets we track against CL, OMH sits near the bottom by co-movement, at rank #39. The last year tells two different stories: CL led by 104.0 percentage points, +10.4% for CL against -93.6% for OMH. Risk is not evenly split, since OMH carries 26.5 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.
CL vs OMH: side by side
| CL (Colgate-Palmolive) | OMH (Ohmyhome Limited - Class A) | |
|---|---|---|
| 1-year return | +10.4% | -93.6% |
| 5-year return | +32.0% | n/a |
| Volatility (ann.) | 16.9% | 448.2% |
| Beta vs S&P 500 | 0.17 | -3.85 |
| Max drawdown (3Y) | -29.0% | -97.9% |
| Market cap | $72.5B | – |
| P/E (trailing) | 36.2 | – |
| Dividend yield | 2.27% | 0.00% |
| Sector / category | Consumer Staples | US Listed |
Year-by-year returns
| Year | CL | OMH |
|---|---|---|
| 2022 | -5.4% | – |
| 2023 | +3.8% | – |
| 2024 | +16.6% | -73.9% |
| 2025 | -11.0% | +102.0% |
| 2026 | +17.2% | -90.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CL and OMH good diversifiers for each other?
Yes: at -0.26, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CL and OMH?
Using weekly returns as of 2026-08-27: -0.26 over 3 years, with -0.10 over the last year and n/a over 5 years.
Is OMH a good diversifier for CL?
Yes: at -0.26, the two have gone their own ways historically, which is what genuine diversification looks like.
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/cl-vs-omh.json
Embed this badge (it refreshes with the data), with attribution:
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Related comparisons
Hubs: CL correlations · OMH correlations
