DOX vs OMC: Correlation
Measured on weekly returns over the past three years, Amdocs Limited (DOX) and Omnicom Group (OMC) carry a correlation of 0.49, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DOX and OMC?
Over the past 3 years, DOX and OMC moved with a correlation of 0.49, which is moderate. Little has changed lately, as the 1-year reading of 0.45 lands near the 3-year figure. Over 5 years the correlation is 0.48, and the annualized covariance of weekly returns is 292.8 %².
Within DOX's tracked universe of 22 assets, OMC comes in at #10 by 3-year correlation. Correlation aside, the last 12 months split them widely, with OMC ahead by 42.1 points (-25.6% versus +16.5%).
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.
DOX vs OMC: side by side
| DOX (Amdocs Limited) | OMC (Omnicom Group) | |
|---|---|---|
| 1-year return | -25.6% | +16.5% |
| 5-year return | -8.4% | +45.6% |
| Volatility (ann.) | 21.3% | 28.0% |
| Beta vs S&P 500 | 0.54 | 0.76 |
| Max drawdown (3Y) | -45.5% | -33.3% |
| Market cap | $6.5B | $24.1B |
| P/E (trailing) | 14.8 | 237.5 |
| Dividend yield | 3.52% | 3.53% |
| Sector / category | US Listed | Communication Services |
Year-by-year returns
| Year | DOX | OMC |
|---|---|---|
| 2022 | +23.8% | +15.7% |
| 2023 | -1.4% | +9.6% |
| 2024 | -0.9% | +2.5% |
| 2025 | -3.1% | -2.6% |
| 2026 | -20.6% | +11.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DOX and OMC good diversifiers for each other?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between DOX and OMC?
The DOX/OMC correlation stands at 0.49 on a 3-year window (1 year: 0.45, 5 years: 0.48), computed from weekly returns as of 2026-08-27.
Is OMC a good diversifier for DOX?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.49 mean?
A reading of 0.49 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/dox-vs-omc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dox-vs-omc/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DOX correlations · OMC correlations
