GM vs MOH: Correlation
General Motors (GM) and Molina Healthcare Inc (MOH) show a negative relationship: their 3-year correlation of weekly returns is -0.20.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GM and MOH?
Across a 3-year window, the weekly returns of GM and MOH correlate at -0.20, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.30 lands near the 3-year figure. Stretching to 5 years gives -0.07, with an annualized covariance of -284.7 %².
Out of 35 assets tracked against GM, MOH lands near the bottom at #32. The last year tells two different stories: GM led by 35.2 percentage points, +48.0% for GM against +12.8% for MOH.
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.
GM vs MOH: side by side
| GM (General Motors) | MOH (Molina Healthcare Inc) | |
|---|---|---|
| 1-year return | +48.0% | +12.8% |
| 5-year return | +82.5% | -25.1% |
| Volatility (ann.) | 32.2% | 44.8% |
| Beta vs S&P 500 | 0.98 | -0.03 |
| Max drawdown (3Y) | -29.1% | -70.8% |
| Market cap | $77.9B | $10.4B |
| P/E (trailing) | 38.6 | 1242.2 |
| Dividend yield | 0.76% | 0.00% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | GM | MOH |
|---|---|---|
| 2022 | -42.4% | +3.8% |
| 2023 | +7.9% | +9.4% |
| 2024 | +49.8% | -19.4% |
| 2025 | +54.2% | -40.4% |
| 2026 | +6.5% | +14.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GM and MOH good diversifiers for each other?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
FAQ
What is the correlation between GM and MOH?
The GM/MOH correlation stands at -0.20 on a 3-year window (1 year: -0.30, 5 years: -0.07), computed from weekly returns as of 2026-08-27.
Is MOH a good diversifier for GM?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
What does a correlation of -0.20 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/gm-vs-moh.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gm-vs-moh/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GM correlations · MOH correlations
