ADNT vs ARKO: Correlation
Measured on weekly returns over the past three years, Adient plc (ADNT) and ARKO Corp. (ARKO) carry a correlation of 0.48, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADNT and ARKO?
On 3 years of weekly data the ADNT/ARKO correlation comes out at 0.48, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.59 versus 0.48 over 3 years. The 5-year figure is 0.44, and annualized covariance runs at 1200.4 %².
Within ADNT's tracked universe of 16 assets, ARKO comes in at #8 by 3-year correlation. The last year tells two different stories: ARKO led by 16.6 percentage points, -26.3% for ADNT against -9.7% for ARKO.
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.
ADNT vs ARKO: side by side
| ADNT (Adient plc) | ARKO (ARKO Corp.) | |
|---|---|---|
| 1-year return | -26.3% | -9.7% |
| 5-year return | -53.1% | -52.2% |
| Volatility (ann.) | 43.0% | 57.6% |
| Beta vs S&P 500 | 1.05 | 1.16 |
| Max drawdown (3Y) | -74.4% | -55.2% |
| Market cap | $1.5B | $0.5B |
| P/E (trailing) | 34.2 | 55.8 |
| Dividend yield | 0.00% | 2.57% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ADNT | ARKO |
|---|---|---|
| 2022 | -27.5% | -0.3% |
| 2023 | +4.8% | -3.3% |
| 2024 | -52.6% | -18.6% |
| 2025 | +11.3% | -29.3% |
| 2026 | -1.8% | -0.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADNT and ARKO good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.48 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ADNT and ARKO?
As of 2026-08-27, the correlation of weekly returns between ADNT and ARKO is 0.48 over 3 years, 0.59 over 1 year and 0.44 over 5 years.
Is ARKO a good diversifier for ADNT?
Yes, to a useful degree: a correlation of 0.48 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.48 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/adnt-vs-arko.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/adnt-vs-arko/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ADNT correlations · ARKO correlations
