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OMH vs SSP: Correlation

Ohmyhome Limited - Class A (OMH) and E.W. Scripps Company (The) (SSP) show a moderate relationship: their 3-year correlation of weekly returns is 0.41.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.41
moderate
Correlation (1Y)
-0.11
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
19632.6
%² · weekly, annualized

How correlated are OMH and SSP?

On 3 years of weekly data the OMH/SSP correlation comes out at 0.41, moderate. Lately the two have drifted apart, with the 1-year correlation at -0.11 versus 0.41 over 3 years. The 5-year figure is n/a, and annualized covariance runs at 19632.6 %².

Within OMH's tracked universe of 72 assets, SSP comes in at #6 by 3-year correlation. Correlation aside, the last 12 months split them widely, with SSP ahead by 130.9 points (-93.6% versus +37.3%). Note the risk asymmetry: OMH runs 4.2 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.

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 SSP: side by side

OMH (Ohmyhome Limited - Class A)SSP (E.W. Scripps Company (The))
1-year return-93.6%+37.3%
5-year returnn/a-77.0%
Volatility (ann.)448.2%107.0%
Beta vs S&P 500-3.850.27
Max drawdown (3Y)-97.9%-84.5%
Market cap$0.3B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: SSP -84.5% vs -97.9%
-93%0%+124%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). OMH · SSP

Year-by-year returns

YearOMHSSP
2022-31.8%
2023-39.4%
2024-73.9%-72.3%
2025+102.0%+140.1%
2026-90.6%-20.1%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are OMH and SSP good diversifiers for each other?

Reasonably. At 0.41, OMH and SSP keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between OMH and SSP?

Using weekly returns as of 2026-08-27: 0.41 over 3 years, with -0.11 over the last year and n/a over 5 years.

Is SSP a good diversifier for OMH?

Reasonably. At 0.41, OMH and SSP keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.41 mean?

On the −1 to +1 scale, 0.41 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.

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OMH vs SSP: 3-year weekly correlation 0.41OMH vs SSP0.41

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Related comparisons

Hubs: OMH correlations · SSP correlations