AREC vs TII: Correlation
How closely do American Resources Corporation (AREC) and Titan Mining Corporation (TII) trade together? Their weekly returns over three years give a correlation of 0.40, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AREC and TII?
Across a 3-year window, the weekly returns of AREC and TII correlate at 0.40, moderate. Recent behaviour matches the longer record: 0.49 over 1 year against 0.40 over 3. Stretching to 5 years gives 0.16, with an annualized covariance of 5341.4 %².
Within AREC's tracked universe of 16 assets, TII comes in at #8 by 3-year correlation. The last year tells two different stories: TII led by 87.8 percentage points, +18.3% for AREC against +106.1% for TII.
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.
AREC vs TII: side by side
| AREC (American Resources Corporation) | TII (Titan Mining Corporation) | |
|---|---|---|
| 1-year return | +18.3% | +106.1% |
| 5-year return | +18.9% | +633.2% |
| Volatility (ann.) | 141.0% | 94.7% |
| Beta vs S&P 500 | 1.27 | 0.43 |
| Max drawdown (3Y) | -78.1% | -63.6% |
| Market cap | $0.3B | $0.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AREC | TII |
|---|---|---|
| 2022 | -26.7% | -15.7% |
| 2023 | +12.9% | -25.1% |
| 2024 | -32.2% | -19.3% |
| 2025 | +145.5% | +826.4% |
| 2026 | +4.0% | -3.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AREC and TII good diversifiers for each other?
Reasonably. At 0.40, AREC and TII keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between AREC and TII?
As of 2026-08-27, the correlation of weekly returns between AREC and TII is 0.40 over 3 years, 0.49 over 1 year and 0.16 over 5 years.
Is TII a good diversifier for AREC?
Reasonably. At 0.40, AREC and TII keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.40 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/arec-vs-tii.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/arec-vs-tii/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AREC correlations · TII correlations
