PairBook
HomeADNT › ADNT vs TKR

ADNT vs TKR: Correlation

Measured on weekly returns over the past three years, Adient plc (ADNT) and Timken Company (The) (TKR) carry a correlation of 0.58, a moderate link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.58
moderate
Correlation (1Y)
0.65
last 12 months
Correlation (5Y)
0.62
long-run
Ann. covariance
680.7
%² · weekly, annualized

How correlated are ADNT and TKR?

Across a 3-year window, the weekly returns of ADNT and TKR correlate at 0.58, moderate. Little has changed lately, as the 1-year reading of 0.65 lands near the 3-year figure. Stretching to 5 years gives 0.62, with an annualized covariance of 680.7 %².

Within ADNT's tracked universe of 16 assets, TKR comes in at #4 by 3-year correlation. Correlation aside, the last 12 months split them widely, with TKR ahead by 86.1 points (-26.3% versus +59.8%). Note the risk asymmetry: ADNT runs 1.6 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.

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 TKR: side by side

ADNT (Adient plc)TKR (Timken Company (The))
1-year return-26.3%+59.8%
5-year return-53.1%+80.3%
Volatility (ann.)43.0%27.4%
Beta vs S&P 5001.050.98
Max drawdown (3Y)-74.4%-37.6%
Market cap$1.5B$8.6B
P/E (trailing)34.233.7
Dividend yield0.00%1.12%
Sector / categoryUS ListedUS Listed
Lower P/E: TKR 33.7 vs 34.2Higher yield: TKR 1.12% vs 0.00%Smaller drawdown: TKR -37.6% vs -74.4%Higher 5y return: TKR +80.3% vs -53.1%
-25%0%+85%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. ADNT · TKR

Year-by-year returns

YearADNTTKR
2022-27.5%+3.9%
2023+4.8%+15.4%
2024-52.6%-9.5%
2025+11.3%+20.0%
2026-1.8%+49.4%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are ADNT and TKR good diversifiers for each other?

Only partially. A correlation of 0.58 means ADNT and TKR share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.

FAQ

What is the correlation between ADNT and TKR?

Using weekly returns as of 2026-08-27: 0.58 over 3 years, with 0.65 over the last year and 0.62 over 5 years.

Is TKR a good diversifier for ADNT?

Only partially. A correlation of 0.58 means ADNT and TKR share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.

What does a correlation of 0.58 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/adnt-vs-tkr.json

ADNT vs TKR: 3-year weekly correlation 0.58ADNT vs TKR0.58

Markdown for the live badge, attribution link included:

[![ADNT vs TKR correlation](https://www.pairbook.io/api/v1/badge/adnt-vs-tkr.svg)](https://www.pairbook.io/pair/adnt-vs-tkr/)

No key needed, free to use. Full endpoint list in the API documentation.

Related comparisons

Hubs: ADNT correlations · TKR correlations