Which stocks are most correlated with OMCL?

Based on one year of daily returns, the stocks most correlated with Omnicell Inc (OMCL) are HEAL (0.42), UHAL.B (0.41) and MOAT (0.41). 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 OMCL?

Over the past year, the stocks most inversely correlated with Omnicell Inc (OMCL) are HDGE (-0.39), DWSH (-0.36) and SEF (-0.33). A negative correlation means the two stocks have tended to move in opposite directions.

Omnicell Inc (OMCL) — Stock Correlations & Overview

Over the past year, OMCL has moved most closely with HEAL, UHAL.B, MOAT. Explore the stocks most correlated and inversely correlated with OMCL below, along with its price, financials, and company profile.

Stocks correlated with OMCL

Correlation of daily returns. Higher positive values move with OMCL; negative values move opposite it. Informational only, not investment advice.

Most correlated with OMCL

Symbol	Company	Correlation
HEAL	Global X Funds Global X HealthTech ETF	0.42
UHAL.B	U-Haul Holding CompanySERVICES-AUTO RENTAL & LEASING (NO DRIVERS)	0.41
MOAT	VanEck Morningstar Wide Moat ETF	0.41
SQLV	Royce Quant Small-Cap Quality Value ETF	0.41
MMS	MAXIMUS, Inc.SERVICES-BUSINESS SERVICES, NEC	0.40

Most inversely correlated with OMCL

Symbol	Company	Correlation
HDGE	AdvisorShares Ranger Equity Bear ETF	-0.39
DWSH	AdvisorShares Dorsey Wright Short ETF	-0.36
SEF	ProShares Short Financials	-0.33
FAZ	Direxion Daily Financial Bear 3x ETF	-0.33
SKF	ProShares UltraShort Financials	-0.33

Frequently asked questions about OMCL correlations

Which stocks are most correlated with OMCL?: Based on one year of daily returns, the stocks most correlated with Omnicell Inc (OMCL) are HEAL (0.42), UHAL.B (0.41) and MOAT (0.41). 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 OMCL?: Over the past year, the stocks most inversely correlated with Omnicell Inc (OMCL) are HDGE (-0.39), DWSH (-0.36) and SEF (-0.33). 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 OMCL correlations calculated?: We compute the correlation of daily returns between OMCL 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.

Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.