NPWR vs OMH: Correlation
NET Power Inc. (NPWR) and Ohmyhome Limited - Class A (OMH) show a negative relationship: their 3-year correlation of weekly returns is -0.38.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NPWR and OMH?
Across a 3-year window, the weekly returns of NPWR and OMH correlate at -0.38, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.01 versus -0.38 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of -13941.8 %².
OMH is close to the least connected end of NPWR's tracked universe, ranking #11 of 11. Correlation aside, the last 12 months split them widely, with NPWR ahead by 65.5 points (-28.1% versus -93.6%). One caveat on sizing: OMH is 5.5 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
NPWR vs OMH: side by side
| NPWR (NET Power Inc.) | OMH (Ohmyhome Limited - Class A) | |
|---|---|---|
| 1-year return | -28.1% | -93.6% |
| 5-year return | -80.6% | n/a |
| Volatility (ann.) | 80.8% | 448.2% |
| Beta vs S&P 500 | 1.46 | -3.85 |
| Max drawdown (3Y) | -91.8% | -97.9% |
| Market cap | $0.2B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NPWR | OMH |
|---|---|---|
| 2022 | +1.7% | – |
| 2023 | -0.7% | – |
| 2024 | +4.9% | -73.9% |
| 2025 | -78.5% | +102.0% |
| 2026 | -17.1% | -90.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NPWR and OMH good diversifiers for each other?
Yes: at -0.38, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between NPWR and OMH?
As of 2026-08-27, the correlation of weekly returns between NPWR and OMH is -0.38 over 3 years, -0.01 over 1 year and n/a over 5 years.
Is OMH a good diversifier for NPWR?
Yes: at -0.38, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.38 mean?
On the −1 to +1 scale, -0.38 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/npwr-vs-omh.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/npwr-vs-omh/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: NPWR correlations · OMH correlations
