OMH vs PCAR: Correlation
How closely do Ohmyhome Limited - Class A (OMH) and Paccar (PCAR) trade together? Their weekly returns over three years give a correlation of -0.25, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OMH and PCAR?
Across a 3-year window, the weekly returns of OMH and PCAR correlate at -0.25, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.07 versus -0.25 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of -2718.2 %².
Within OMH's tracked universe of 72 assets, PCAR comes in at #57 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months PCAR outperformed by 121.4 percentage points (-93.6% for OMH against +27.8% for PCAR). One caveat on sizing: OMH is 18.6 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.
OMH vs PCAR: side by side
| OMH (Ohmyhome Limited - Class A) | PCAR (Paccar) | |
|---|---|---|
| 1-year return | -93.6% | +27.8% |
| 5-year return | n/a | +177.9% |
| Volatility (ann.) | 448.2% | 24.1% |
| Beta vs S&P 500 | -3.85 | 0.74 |
| Max drawdown (3Y) | -97.9% | -27.7% |
| Market cap | – | $66.6B |
| P/E (trailing) | – | 26.6 |
| Dividend yield | 0.00% | 1.04% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | OMH | PCAR |
|---|---|---|
| 2022 | – | +17.0% |
| 2023 | – | +55.0% |
| 2024 | -73.9% | +10.8% |
| 2025 | +102.0% | +8.0% |
| 2026 | -90.6% | +16.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OMH and PCAR good diversifiers for each other?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
FAQ
What is the correlation between OMH and PCAR?
As of 2026-08-27, the correlation of weekly returns between OMH and PCAR is -0.25 over 3 years, 0.07 over 1 year and n/a over 5 years.
Is PCAR a good diversifier for OMH?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
What does a correlation of -0.25 mean?
On the −1 to +1 scale, -0.25 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/omh-vs-pcar.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/omh-vs-pcar/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: OMH correlations · PCAR correlations
