MOH vs RCL: Correlation
Molina Healthcare Inc (MOH) and Royal Caribbean Group (RCL) show a negative relationship: their 3-year correlation of weekly returns is -0.21.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MOH and RCL?
Across a 3-year window, the weekly returns of MOH and RCL correlate at -0.21, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.20 lands near the 3-year figure. Stretching to 5 years gives -0.05, with an annualized covariance of -385.7 %².
Among the 21 assets we track against MOH, RCL sits near the bottom by co-movement, at rank #17. Correlation aside, the last 12 months split them widely, with MOH ahead by 32.1 points (+12.8% versus -19.3%).
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 RCL: side by side
| MOH (Molina Healthcare Inc) | RCL (Royal Caribbean Group) | |
|---|---|---|
| 1-year return | +12.8% | -19.3% |
| 5-year return | -25.1% | +257.6% |
| Volatility (ann.) | 44.8% | 41.3% |
| Beta vs S&P 500 | -0.03 | 1.46 |
| Max drawdown (3Y) | -70.8% | -35.0% |
| Market cap | $10.4B | $76.2B |
| P/E (trailing) | 1242.2 | 17.9 |
| Dividend yield | 0.00% | 1.72% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | MOH | RCL |
|---|---|---|
| 2022 | +3.8% | -35.7% |
| 2023 | +9.4% | +162.0% |
| 2024 | -19.4% | +79.0% |
| 2025 | -40.4% | +22.5% |
| 2026 | +14.5% | +3.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MOH and RCL good diversifiers for each other?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between MOH and RCL?
As of 2026-08-27, the correlation of weekly returns between MOH and RCL is -0.21 over 3 years, -0.20 over 1 year and -0.05 over 5 years.
Is RCL a good diversifier for MOH?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.21 mean?
A reading of -0.21 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-rcl.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/moh-vs-rcl/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MOH correlations · RCL correlations
