CRMT vs OXM: Correlation
America's Car-Mart, Inc. (CRMT) and Oxford Industries, Inc. (OXM) show a moderate relationship: their 3-year correlation of weekly returns is 0.42.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRMT and OXM?
Across a 3-year window, the weekly returns of CRMT and OXM correlate at 0.42, moderate. The relationship has been stable: the 1-year correlation (0.50) sits close to the 3-year figure. Stretching to 5 years gives 0.39, with an annualized covariance of 1550.2 %².
Among the 13 assets we track against CRMT, OXM ranks #5 by 3-year correlation. The last year tells two different stories: OXM led by 85.9 percentage points, -95.1% for CRMT against -9.2% for OXM. One caveat on sizing: CRMT is 1.7 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
CRMT vs OXM: side by side
| CRMT (America's Car-Mart, Inc.) | OXM (Oxford Industries, Inc.) | |
|---|---|---|
| 1-year return | -95.1% | -9.2% |
| 5-year return | -98.2% | -50.3% |
| Volatility (ann.) | 78.3% | 47.0% |
| Beta vs S&P 500 | 1.85 | 1.00 |
| Max drawdown (3Y) | -98.2% | -69.4% |
| Market cap | – | $0.6B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 7.14% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CRMT | OXM |
|---|---|---|
| 2022 | -29.4% | -6.1% |
| 2023 | +4.9% | +10.0% |
| 2024 | -32.4% | -18.9% |
| 2025 | -50.7% | -54.0% |
| 2026 | -90.9% | +17.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRMT and OXM good diversifiers for each other?
Reasonably. At 0.42, CRMT and OXM keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CRMT and OXM?
Using weekly returns as of 2026-08-27: 0.42 over 3 years, with 0.50 over the last year and 0.39 over 5 years.
Is OXM a good diversifier for CRMT?
Reasonably. At 0.42, CRMT and OXM keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.42 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/crmt-vs-oxm.json
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[](https://www.pairbook.io/pair/crmt-vs-oxm/)
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Related comparisons
Hubs: CRMT correlations · OXM correlations
