GPN vs OMC: Correlation
How closely do Global Payments (GPN) and Omnicom Group (OMC) trade together? Their weekly returns over three years give a correlation of 0.57, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GPN and OMC?
On 3 years of weekly data the GPN/OMC correlation comes out at 0.57, moderate. Little has changed lately, as the 1-year reading of 0.55 lands near the 3-year figure. The 5-year figure is 0.51, and annualized covariance runs at 574.1 %².
By 3-year correlation, OMC places #7 of the 39 assets tracked against GPN. On 12-month performance OMC holds a 9.5-point edge, +7.0% against +16.5%. The rolling one-year correlation moved between 0.31 and 0.68 over the past three years, a moderate range.
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.
GPN vs OMC: side by side
| GPN (Global Payments) | OMC (Omnicom Group) | |
|---|---|---|
| 1-year return | +7.0% | +16.5% |
| 5-year return | -39.6% | +45.6% |
| Volatility (ann.) | 35.9% | 28.0% |
| Beta vs S&P 500 | 1.22 | 0.76 |
| Max drawdown (3Y) | -54.0% | -33.3% |
| Market cap | $24.5B | $24.1B |
| P/E (trailing) | 44.0 | 237.5 |
| Dividend yield | 1.08% | 3.53% |
| Sector / category | Financials | Communication Services |
Year-by-year returns
| Year | GPN | OMC |
|---|---|---|
| 2022 | -25.9% | +15.7% |
| 2023 | +29.0% | +9.6% |
| 2024 | -11.0% | +2.5% |
| 2025 | -30.1% | -2.6% |
| 2026 | +20.7% | +11.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GPN and OMC good diversifiers for each other?
Somewhat, no more. With 0.57 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between GPN and OMC?
As of 2026-08-27, the correlation of weekly returns between GPN and OMC is 0.57 over 3 years, 0.55 over 1 year and 0.51 over 5 years.
Is OMC a good diversifier for GPN?
Somewhat, no more. With 0.57 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.57 mean?
A reading of 0.57 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
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Related comparisons
Hubs: GPN correlations · OMC correlations
