MTCH vs OMCL: Correlation
Match Group, Inc. (MTCH) and Omnicell, Inc. (OMCL) show a moderate relationship: their 3-year correlation of weekly returns is 0.37.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MTCH and OMCL?
Over the past 3 years, MTCH and OMCL moved with a correlation of 0.37, which is moderate. The past 12 months show a weaker link (0.20) than the 3-year average (0.37). Over 5 years the correlation is 0.32, and the annualized covariance of weekly returns is 580.2 %².
Within MTCH's tracked universe of 12 assets, OMCL comes in at #6 by 3-year correlation. On 12-month performance MTCH holds a 12.1-point edge, +12.6% against +0.5%. Risk is not evenly split, since OMCL carries 1.5 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.
MTCH vs OMCL: side by side
| MTCH (Match Group, Inc.) | OMCL (Omnicell, Inc.) | |
|---|---|---|
| 1-year return | +12.6% | +0.5% |
| 5-year return | -69.2% | -78.5% |
| Volatility (ann.) | 32.0% | 49.5% |
| Beta vs S&P 500 | 0.49 | 0.53 |
| Max drawdown (3Y) | -41.6% | -58.4% |
| Market cap | $9.6B | $1.5B |
| P/E (trailing) | 14.9 | 39.8 |
| Dividend yield | 1.85% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MTCH | OMCL |
|---|---|---|
| 2022 | -68.6% | -72.1% |
| 2023 | -12.0% | -25.4% |
| 2024 | -10.4% | +18.3% |
| 2025 | +1.0% | +1.8% |
| 2026 | +29.9% | -26.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MTCH and OMCL good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between MTCH and OMCL?
As of 2026-08-27, the correlation of weekly returns between MTCH and OMCL is 0.37 over 3 years, 0.20 over 1 year and 0.32 over 5 years.
Is OMCL a good diversifier for MTCH?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.37 mean?
A reading of 0.37 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Hubs: MTCH correlations · OMCL correlations