OneMain Holdings, Inc. (OMF) — Stock Correlations & Overview
Over the past year, OMF has moved most closely with SYF, ALLY, COF. Explore the stocks most correlated and inversely correlated with OMF below, along with its price, financials, and company profile.
Stocks correlated with OMF
Correlation of daily returns. Higher positive values move with OMF; negative values move opposite it. Informational only, not investment advice.
Most correlated with OMF
| Symbol | Company | Correlation |
|---|---|---|
| SYF | SYNCHRONY FINANCIALFINANCE SERVICES | 0.76 |
| ALLY | Ally Financial Inc.STATE COMMERCIAL BANKS | 0.73 |
| COF | Capital One FinancialNATIONAL COMMERCIAL BANKS | 0.71 |
| BFH | Bread Financial Holdings, Inc.PERSONAL CREDIT INSTITUTIONS | 0.70 |
| DFNL | Davis Select Financial ETF | 0.69 |
Most inversely correlated with OMF
| Symbol | Company | Correlation |
|---|---|---|
| SKRE | Tuttle Capital Daily 2X Inverse Regional Banks ETF | -0.61 |
| FAZ | Direxion Daily Financial Bear 3x ETF | -0.61 |
| SKF | ProShares UltraShort Financials | -0.60 |
| SEF | ProShares Short Financials | -0.60 |
| FLYD | MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.58 |
Frequently asked questions about OMF correlations
- Which stocks are most correlated with OMF?
- Based on one year of daily returns, the stocks most correlated with OneMain Holdings, Inc. (OMF) are SYF (0.76), ALLY (0.73) and COF (0.71). 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 OMF?
- Over the past year, the stocks most inversely correlated with OneMain Holdings, Inc. (OMF) are SKRE (-0.61), FAZ (-0.61) and SKF (-0.60). 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 OMF correlations calculated?
- We compute the correlation of daily returns between OMF 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.