ATR vs SON: Correlation
How closely do AptarGroup, Inc. (ATR) and Sonoco Products Company (SON) trade together? Their weekly returns over three years give a correlation of 0.57, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ATR and SON?
Over the past 3 years, ATR and SON moved with a correlation of 0.57, which is moderate. The relationship has been stable: the 1-year correlation (0.57) sits close to the 3-year figure. Over 5 years the correlation is 0.63, and the annualized covariance of weekly returns is 309.0 %².
Within ATR's tracked universe of 19 assets, SON comes in at #9 by 3-year correlation. The last year tells two different stories: SON led by 29.8 percentage points, -3.3% for ATR against +26.5% for SON.
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.
ATR vs SON: side by side
| ATR (AptarGroup, Inc.) | SON (Sonoco Products Company) | |
|---|---|---|
| 1-year return | -3.3% | +26.5% |
| 5-year return | +4.9% | +4.8% |
| Volatility (ann.) | 21.0% | 25.7% |
| Beta vs S&P 500 | 0.53 | 0.62 |
| Max drawdown (3Y) | -35.2% | -32.5% |
| Market cap | $8.4B | $5.6B |
| P/E (trailing) | 24.4 | 8.9 |
| Dividend yield | 1.40% | 3.70% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ATR | SON |
|---|---|---|
| 2022 | -8.9% | +8.3% |
| 2023 | +13.9% | -4.7% |
| 2024 | +28.6% | -9.1% |
| 2025 | -21.4% | -6.3% |
| 2026 | +10.2% | +33.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ATR and SON good diversifiers for each other?
Only partially. A correlation of 0.57 means ATR and SON share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between ATR and SON?
Using weekly returns as of 2026-08-27: 0.57 over 3 years, with 0.57 over the last year and 0.63 over 5 years.
Is SON a good diversifier for ATR?
Only partially. A correlation of 0.57 means ATR and SON share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.57 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
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Related comparisons
Hubs: ATR correlations · SON correlations
