ADSK vs TRMB: Correlation
Measured on weekly returns over the past three years, Autodesk (ADSK) and Trimble Inc. (TRMB) carry a correlation of 0.52, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADSK and TRMB?
Across a 3-year window, the weekly returns of ADSK and TRMB correlate at 0.52, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.64 versus 0.52 over 3 years. Stretching to 5 years gives 0.65, with an annualized covariance of 494.4 %².
Among the 44 assets we track against ADSK, TRMB ranks #25 by 3-year correlation. The last year tells two different stories: ADSK led by 19.7 percentage points, -5.4% for ADSK against -25.1% for TRMB. Across three years, the rolling one-year figure varied moderately, from 0.29 to 0.75.
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.
ADSK vs TRMB: side by side
| ADSK (Autodesk) | TRMB (Trimble Inc.) | |
|---|---|---|
| 1-year return | -5.4% | -25.1% |
| 5-year return | -13.7% | -35.7% |
| Volatility (ann.) | 30.9% | 30.9% |
| Beta vs S&P 500 | 1.04 | 1.13 |
| Max drawdown (3Y) | -42.6% | -42.7% |
| Market cap | $57.1B | $14.3B |
| P/E (trailing) | 37.2 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | Information Technology |
Year-by-year returns
| Year | ADSK | TRMB |
|---|---|---|
| 2022 | -33.5% | -42.0% |
| 2023 | +30.3% | +5.2% |
| 2024 | +21.4% | +32.8% |
| 2025 | +0.1% | +10.9% |
| 2026 | -8.6% | -21.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADSK and TRMB good diversifiers for each other?
Somewhat, no more. With 0.52 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between ADSK and TRMB?
As of 2026-08-27, the correlation of weekly returns between ADSK and TRMB is 0.52 over 3 years, 0.64 over 1 year and 0.65 over 5 years.
Is TRMB a good diversifier for ADSK?
Somewhat, no more. With 0.52 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.52 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/adsk-vs-trmb.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/adsk-vs-trmb/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ADSK correlations · TRMB correlations
