AMCR vs TRT: Correlation
Measured on weekly returns over the past three years, Amcor (AMCR) and Trio-Tech International (TRT) carry a correlation of -0.27, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMCR and TRT?
Over the past 3 years, AMCR and TRT moved with a correlation of -0.27, which is negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.38) than the 3-year average (-0.27). Over 5 years the correlation is -0.18, and the annualized covariance of weekly returns is -698.5 %².
Among the 36 assets we track against AMCR, TRT sits near the bottom by co-movement, at rank #35. Their recent paths diverged sharply: over the last 12 months TRT outperformed by 282.9 percentage points (+12.6% for AMCR against +295.5% for TRT). Risk is not evenly split, since TRT carries 4.4 times the volatility of the other side.
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.
AMCR vs TRT: side by side
| AMCR (Amcor) | TRT (Trio-Tech International) | |
|---|---|---|
| 1-year return | +12.6% | +295.5% |
| 5-year return | -9.8% | +365.8% |
| Volatility (ann.) | 24.5% | 107.4% |
| Beta vs S&P 500 | 0.46 | 0.18 |
| Max drawdown (3Y) | -32.0% | -54.6% |
| Market cap | $21.5B | – |
| P/E (trailing) | 19.8 | 209.6 |
| Dividend yield | 5.51% | 0.00% |
| Sector / category | Materials | US Listed |
Year-by-year returns
| Year | AMCR | TRT |
|---|---|---|
| 2022 | +3.2% | -66.5% |
| 2023 | -15.0% | +12.7% |
| 2024 | +2.6% | +14.6% |
| 2025 | -9.0% | +127.9% |
| 2026 | +14.9% | +58.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMCR and TRT good diversifiers for each other?
Yes. With a correlation of -0.27, AMCR and TRT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between AMCR and TRT?
Using weekly returns as of 2026-08-27: -0.27 over 3 years, with -0.38 over the last year and -0.18 over 5 years.
Is TRT a good diversifier for AMCR?
Yes. With a correlation of -0.27, AMCR and TRT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.27 mean?
A reading of -0.27 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/amcr-vs-trt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/amcr-vs-trt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AMCR correlations · TRT correlations
