EBAY vs OMH: Correlation
How closely do eBay Inc. (EBAY) and Ohmyhome Limited - Class A (OMH) trade together? Their weekly returns over three years give a correlation of -0.18, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EBAY and OMH?
Across a 3-year window, the weekly returns of EBAY and OMH correlate at -0.18, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.07) than the 3-year average (-0.18). Stretching to 5 years gives n/a, with an annualized covariance of -2282.2 %².
Out of 33 assets tracked against EBAY, OMH lands near the bottom at #30. Correlation aside, the last 12 months split them widely, with EBAY ahead by 104.2 points (+10.6% versus -93.6%). Note the risk asymmetry: OMH runs 15.5 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
EBAY vs OMH: side by side
| EBAY (eBay Inc.) | OMH (Ohmyhome Limited - Class A) | |
|---|---|---|
| 1-year return | +10.6% | -93.6% |
| 5-year return | +43.9% | n/a |
| Volatility (ann.) | 28.9% | 448.2% |
| Beta vs S&P 500 | 0.58 | -3.85 |
| Max drawdown (3Y) | -20.7% | -97.9% |
| Market cap | $45.5B | – |
| P/E (trailing) | 21.9 | – |
| Dividend yield | 1.15% | 0.00% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | EBAY | OMH |
|---|---|---|
| 2022 | -36.5% | – |
| 2023 | +7.7% | – |
| 2024 | +44.8% | -73.9% |
| 2025 | +42.7% | +102.0% |
| 2026 | +18.1% | -90.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EBAY and OMH good diversifiers for each other?
Yes. With a correlation of -0.18, EBAY and OMH have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between EBAY and OMH?
As of 2026-08-27, the correlation of weekly returns between EBAY and OMH is -0.18 over 3 years, -0.07 over 1 year and n/a over 5 years.
Is OMH a good diversifier for EBAY?
Yes. With a correlation of -0.18, EBAY and OMH have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.18 mean?
A reading of -0.18 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/ebay-vs-omh.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ebay-vs-omh/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: EBAY correlations · OMH correlations
