MOH vs OSCR: Correlation
Measured on weekly returns over the past three years, Molina Healthcare Inc (MOH) and Oscar Health, Inc. (OSCR) carry a correlation of 0.34, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MOH and OSCR?
Across a 3-year window, the weekly returns of MOH and OSCR correlate at 0.34, moderate. Little has changed lately, as the 1-year reading of 0.41 lands near the 3-year figure. Stretching to 5 years gives 0.27, with an annualized covariance of 1213.8 %².
By 3-year correlation, OSCR places #6 of the 21 assets tracked against MOH. Correlation aside, the last 12 months split them widely, with OSCR ahead by 63.8 points (+12.8% versus +76.6%). Risk is not evenly split, since OSCR carries 1.8 times the volatility of the other side.
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.
MOH vs OSCR: side by side
| MOH (Molina Healthcare Inc) | OSCR (Oscar Health, Inc.) | |
|---|---|---|
| 1-year return | +12.8% | +76.6% |
| 5-year return | -25.1% | +96.9% |
| Volatility (ann.) | 44.8% | 80.0% |
| Beta vs S&P 500 | -0.03 | 1.29 |
| Max drawdown (3Y) | -70.8% | -53.4% |
| Market cap | $10.4B | $9.3B |
| P/E (trailing) | 1242.2 | 24.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MOH | OSCR |
|---|---|---|
| 2022 | +3.8% | -68.7% |
| 2023 | +9.4% | +272.0% |
| 2024 | -19.4% | +46.9% |
| 2025 | -40.4% | +6.9% |
| 2026 | +14.5% | +109.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MOH and OSCR good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.34 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between MOH and OSCR?
The MOH/OSCR correlation stands at 0.34 on a 3-year window (1 year: 0.41, 5 years: 0.27), computed from weekly returns as of 2026-08-27.
Is OSCR a good diversifier for MOH?
Yes, to a useful degree: a correlation of 0.34 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.34 mean?
A reading of 0.34 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/moh-vs-oscr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/moh-vs-oscr/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: MOH correlations · OSCR correlations
