ATKR vs BOOM: Correlation
Measured on weekly returns over the past three years, Atkore Inc. (ATKR) and DMC Global Inc. (BOOM) carry a correlation of 0.43, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ATKR and BOOM?
Over the past 3 years, ATKR and BOOM moved with a correlation of 0.43, which is moderate. Recent behaviour matches the longer record: 0.39 over 1 year against 0.43 over 3. Over 5 years the correlation is 0.43, and the annualized covariance of weekly returns is 1203.5 %².
Among the 13 assets we track against ATKR, BOOM ranks #7 by 3-year correlation. The last year tells two different stories: ATKR led by 53.2 percentage points, +59.9% for ATKR against +6.7% for BOOM.
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.
ATKR vs BOOM: side by side
| ATKR (Atkore Inc.) | BOOM (DMC Global Inc.) | |
|---|---|---|
| 1-year return | +59.9% | +6.7% |
| 5-year return | +5.7% | -82.6% |
| Volatility (ann.) | 46.4% | 60.2% |
| Beta vs S&P 500 | 1.37 | 1.12 |
| Max drawdown (3Y) | -72.8% | -82.3% |
| Market cap | $3.2B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 1.41% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ATKR | BOOM |
|---|---|---|
| 2022 | +2.0% | -50.9% |
| 2023 | +41.1% | -3.2% |
| 2024 | -47.3% | -60.9% |
| 2025 | -22.7% | -9.0% |
| 2026 | +50.0% | +4.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ATKR and BOOM good diversifiers for each other?
Reasonably. At 0.43, ATKR and BOOM keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ATKR and BOOM?
As of 2026-08-27, the correlation of weekly returns between ATKR and BOOM is 0.43 over 3 years, 0.39 over 1 year and 0.43 over 5 years.
Is BOOM a good diversifier for ATKR?
Reasonably. At 0.43, ATKR and BOOM keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.43 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.
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Related comparisons
Hubs: ATKR correlations · BOOM correlations
