OPY vs RCMT: Correlation
Oppenheimer Holdings, Inc. (OPY) and RCM Technologies, Inc. (RCMT) show a moderate relationship: their 3-year correlation of weekly returns is 0.45.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OPY and RCMT?
Over the past 3 years, OPY and RCMT moved with a correlation of 0.45, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.56 versus 0.45 over 3 years. Over 5 years the correlation is 0.17, and the annualized covariance of weekly returns is 666.5 %².
By 3-year correlation, RCMT places #6 of the 13 assets tracked against OPY. The last year tells two different stories: OPY led by 15.0 percentage points, +71.9% for OPY against +56.9% for RCMT. Risk is not evenly split, since RCMT carries 1.6 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.
OPY vs RCMT: side by side
| OPY (Oppenheimer Holdings, Inc.) | RCMT (RCM Technologies, Inc.) | |
|---|---|---|
| 1-year return | +71.9% | +56.9% |
| 5-year return | +185.5% | +698.6% |
| Volatility (ann.) | 30.2% | 49.1% |
| Beta vs S&P 500 | 0.93 | 0.94 |
| Max drawdown (3Y) | -29.4% | -53.1% |
| Market cap | $1.3B | $0.3B |
| P/E (trailing) | 13.3 | 17.7 |
| Dividend yield | 0.66% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | OPY | RCMT |
|---|---|---|
| 2022 | -7.2% | +73.3% |
| 2023 | -0.9% | +135.3% |
| 2024 | +57.3% | -23.7% |
| 2025 | +15.6% | -7.7% |
| 2026 | +67.0% | +100.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OPY and RCMT good diversifiers for each other?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between OPY and RCMT?
As of 2026-08-27, the correlation of weekly returns between OPY and RCMT is 0.45 over 3 years, 0.56 over 1 year and 0.17 over 5 years.
Is RCMT a good diversifier for OPY?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.45 mean?
A reading of 0.45 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/opy-vs-rcmt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/opy-vs-rcmt/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: OPY correlations · RCMT correlations
