Omnicom Group Inc. (OMC) — Stock Correlations & Overview
Over the past year, OMC has moved most closely with EFX, MDPL, RSPC. Explore the stocks most correlated and inversely correlated with OMC below, along with its price, financials, and company profile.
Stocks correlated with OMC
Correlation of daily returns. Higher positive values move with OMC; negative values move opposite it. Informational only, not investment advice.
Most correlated with OMC
| Symbol | Company | Correlation |
|---|---|---|
| EFX | Equifax, IncorporatedSERVICES-CONSUMER CREDIT REPORTING, COLLECTION AGENCIES | 0.55 |
| MDPL | Monarch Dividend Plus Index ETF | 0.55 |
| RSPC | Invesco Exchange-Traded Fund Trust Invesco S&P 500 Equal Weight Communication Services ETF | 0.52 |
| SHRY | First Trust Exchange-Traded Fund VI First Trust Bloomberg Shareholder Yield ETF | 0.51 |
| WPP | WPP PLC | 0.50 |
Frequently asked questions about OMC correlations
- Which stocks are most correlated with OMC?
- Based on one year of daily returns, the stocks most correlated with Omnicom Group Inc. (OMC) are EFX (0.55), MDPL (0.55) and RSPC (0.52). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with OMC?
- Over the past year, the stocks most inversely correlated with Omnicom Group Inc. (OMC) are HDGE (-0.44), DWSH (-0.42) and SKF (-0.37). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these OMC correlations calculated?
- We compute the correlation of daily returns between OMC and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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