CVI vs OMCL: Correlation
CVR Energy Inc. (CVI) and Omnicell, Inc. (OMCL) show a negative relationship: their 3-year correlation of weekly returns is -0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CVI and OMCL?
Across a 3-year window, the weekly returns of CVI and OMCL correlate at -0.22, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.25 over 1 year against -0.22 over 3. Stretching to 5 years gives -0.06, with an annualized covariance of -576.8 %².
Out of 12 assets tracked against CVI, OMCL lands near the bottom at #9. Correlation aside, the last 12 months split them widely, with CVI ahead by 34.8 points (+35.3% versus +0.5%).
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.
CVI vs OMCL: side by side
| CVI (CVR Energy Inc.) | OMCL (Omnicell, Inc.) | |
|---|---|---|
| 1-year return | +35.3% | +0.5% |
| 5-year return | +297.3% | -78.5% |
| Volatility (ann.) | 51.8% | 49.5% |
| Beta vs S&P 500 | 0.71 | 0.53 |
| Max drawdown (3Y) | -56.2% | -58.4% |
| Market cap | $4.0B | $1.5B |
| P/E (trailing) | 58.5 | 39.8 |
| Dividend yield | 1.42% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CVI | OMCL |
|---|---|---|
| 2022 | +115.4% | -72.1% |
| 2023 | +11.5% | -25.4% |
| 2024 | -34.9% | +18.3% |
| 2025 | +35.8% | +1.8% |
| 2026 | +57.3% | -26.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CVI and OMCL good diversifiers for each other?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
FAQ
What is the correlation between CVI and OMCL?
The CVI/OMCL correlation stands at -0.22 on a 3-year window (1 year: -0.25, 5 years: -0.06), computed from weekly returns as of 2026-08-27.
Is OMCL a good diversifier for CVI?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
What does a correlation of -0.22 mean?
A reading of -0.22 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cvi-vs-omcl.json
Embed this badge (it refreshes with the data), with attribution:
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Related comparisons
Hubs: CVI correlations · OMCL correlations
