OMH vs TXNM: Correlation
Ohmyhome Limited - Class A (OMH) and TXNM Energy, Inc. (TXNM) show a moderate relationship: their 3-year correlation of weekly returns is 0.43.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OMH and TXNM?
Across a 3-year window, the weekly returns of OMH and TXNM correlate at 0.43, moderate. The link has loosened recently: the 1-year correlation (0.22) runs below the 3-year figure (0.43). Stretching to 5 years gives n/a, with an annualized covariance of 3326.6 %².
By 3-year correlation, TXNM places #4 of the 72 assets tracked against OMH. Their recent paths diverged sharply: over the last 12 months TXNM outperformed by 98.1 percentage points (-93.6% for OMH against +4.5% for TXNM). One caveat on sizing: OMH is 26.2 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 TXNM: side by side
| OMH (Ohmyhome Limited - Class A) | TXNM (TXNM Energy, Inc.) | |
|---|---|---|
| 1-year return | -93.6% | +4.5% |
| 5-year return | n/a | +36.1% |
| Volatility (ann.) | 448.2% | 17.1% |
| Beta vs S&P 500 | -3.85 | 0.10 |
| Max drawdown (3Y) | -97.9% | -21.0% |
| Market cap | – | $5.9B |
| P/E (trailing) | – | 31.4 |
| Dividend yield | 0.00% | 2.91% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | OMH | TXNM |
|---|---|---|
| 2022 | – | +10.2% |
| 2023 | – | -12.0% |
| 2024 | -73.9% | +23.0% |
| 2025 | +102.0% | +23.4% |
| 2026 | -90.6% | -0.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OMH and TXNM good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between OMH and TXNM?
Using weekly returns as of 2026-08-27: 0.43 over 3 years, with 0.22 over the last year and n/a over 5 years.
Is TXNM a good diversifier for OMH?
Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.43 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/omh-vs-txnm.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/omh-vs-txnm/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: OMH correlations · TXNM correlations
