AIN vs ARKO: Correlation
How closely do Albany International Corporation (AIN) and ARKO Corp. (ARKO) trade together? Their weekly returns over three years give a correlation of 0.45, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIN and ARKO?
Across a 3-year window, the weekly returns of AIN and ARKO correlate at 0.45, moderate. The relationship has been stable: the 1-year correlation (0.46) sits close to the 3-year figure. Stretching to 5 years gives 0.42, with an annualized covariance of 938.2 %².
Among the 20 assets we track against AIN, ARKO ranks #14 by 3-year correlation. Their 12-month results are close: -5.6% for AIN against -9.7% for ARKO. One caveat on sizing: ARKO is 1.6 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
AIN vs ARKO: side by side
| AIN (Albany International Corporation) | ARKO (ARKO Corp.) | |
|---|---|---|
| 1-year return | -5.6% | -9.7% |
| 5-year return | -19.2% | -52.2% |
| Volatility (ann.) | 36.2% | 57.6% |
| Beta vs S&P 500 | 1.13 | 1.16 |
| Max drawdown (3Y) | -57.1% | -55.2% |
| Market cap | $1.7B | $0.5B |
| P/E (trailing) | – | 55.8 |
| Dividend yield | 1.88% | 2.57% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AIN | ARKO |
|---|---|---|
| 2022 | +12.6% | -0.3% |
| 2023 | +0.7% | -3.3% |
| 2024 | -17.6% | -18.6% |
| 2025 | -35.5% | -29.3% |
| 2026 | +17.9% | -0.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIN and ARKO good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.45 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between AIN and ARKO?
The AIN/ARKO correlation stands at 0.45 on a 3-year window (1 year: 0.46, 5 years: 0.42), computed from weekly returns as of 2026-08-27.
Is ARKO a good diversifier for AIN?
Yes, to a useful degree: a correlation of 0.45 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.45 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/ain-vs-arko.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ain-vs-arko/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AIN correlations · ARKO correlations
