APTV vs TKR: Correlation
Measured on weekly returns over the past three years, Aptiv (APTV) and Timken Company (The) (TKR) carry a correlation of 0.49, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are APTV and TKR?
Over the past 3 years, APTV and TKR moved with a correlation of 0.49, which is moderate. Little has changed lately, as the 1-year reading of 0.48 lands near the 3-year figure. Over 5 years the correlation is 0.56, and the annualized covariance of weekly returns is 505.9 %².
Among the 33 assets we track against APTV, TKR ranks #8 by 3-year correlation. The last year tells two different stories: TKR led by 103.0 percentage points, -43.2% for APTV against +59.8% for TKR.
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.
APTV vs TKR: side by side
| APTV (Aptiv) | TKR (Timken Company (The)) | |
|---|---|---|
| 1-year return | -43.2% | +59.8% |
| 5-year return | -70.3% | +80.3% |
| Volatility (ann.) | 37.7% | 27.4% |
| Beta vs S&P 500 | 0.76 | 0.98 |
| Max drawdown (3Y) | -56.5% | -37.6% |
| Market cap | $9.4B | $8.6B |
| P/E (trailing) | 20.9 | 33.7 |
| Dividend yield | 0.00% | 1.12% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | APTV | TKR |
|---|---|---|
| 2022 | -43.5% | +3.9% |
| 2023 | -3.7% | +15.4% |
| 2024 | -32.6% | -9.5% |
| 2025 | +25.8% | +20.0% |
| 2026 | -40.3% | +49.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are APTV and TKR good diversifiers for each other?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between APTV and TKR?
Using weekly returns as of 2026-08-27: 0.49 over 3 years, with 0.48 over the last year and 0.56 over 5 years.
Is TKR a good diversifier for APTV?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.49 mean?
A reading of 0.49 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/aptv-vs-tkr.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/aptv-vs-tkr/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: APTV correlations · TKR correlations
