ARCB vs RYZ: Correlation
Measured on weekly returns over the past three years, ArcBest Corporation (ARCB) and Ryerson Holding Corporation (RYZ) carry a correlation of 0.60, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ARCB and RYZ?
On 3 years of weekly data the ARCB/RYZ correlation comes out at 0.60, strong. Little has changed lately, as the 1-year reading of 0.65 lands near the 3-year figure. The 5-year figure is 0.46, and annualized covariance runs at 1329.5 %².
Among the 18 assets we track against ARCB, RYZ ranks #9 by 3-year correlation. Correlation aside, the last 12 months split them widely, with ARCB ahead by 75.0 points (+90.2% versus +15.2%).
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.
ARCB vs RYZ: side by side
| ARCB (ArcBest Corporation) | RYZ (Ryerson Holding Corporation) | |
|---|---|---|
| 1-year return | +90.2% | +15.2% |
| 5-year return | +107.2% | +20.9% |
| Volatility (ann.) | 46.8% | 47.4% |
| Beta vs S&P 500 | 1.33 | 1.18 |
| Max drawdown (3Y) | -62.4% | -49.0% |
| Market cap | $3.1B | $1.3B |
| P/E (trailing) | 198.7 | – |
| Dividend yield | 0.35% | 2.98% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ARCB | RYZ |
|---|---|---|
| 2022 | -41.2% | +18.3% |
| 2023 | +72.4% | +17.1% |
| 2024 | -22.1% | -44.9% |
| 2025 | -20.0% | +40.4% |
| 2026 | +88.1% | +2.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ARCB and RYZ good diversifiers for each other?
To a limited degree. At 0.60 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between ARCB and RYZ?
As of 2026-08-27, the correlation of weekly returns between ARCB and RYZ is 0.60 over 3 years, 0.65 over 1 year and 0.46 over 5 years.
Is RYZ a good diversifier for ARCB?
To a limited degree. At 0.60 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.60 mean?
A reading of 0.60 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/arcb-vs-ryz.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/arcb-vs-ryz/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ARCB correlations · RYZ correlations
