AVD vs TSQ: Correlation
How closely do American Vanguard Corporation (AVD) and Townsquare Media, Inc. (TSQ) trade together? Their weekly returns over three years give a correlation of 0.46, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AVD and TSQ?
Over the past 3 years, AVD and TSQ moved with a correlation of 0.46, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.65 versus 0.46 over 3 years. Over 5 years the correlation is 0.39, and the annualized covariance of weekly returns is 1244.1 %².
Few assets follow AVD as closely as TSQ, which ranks #1 of 10 tracked partners. The last year tells two different stories: TSQ led by 54.2 percentage points, -59.6% for AVD against -5.4% for TSQ. Risk is not evenly split, since AVD carries 1.6 times the volatility of the other side.
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.
AVD vs TSQ: side by side
| AVD (American Vanguard Corporation) | TSQ (Townsquare Media, Inc.) | |
|---|---|---|
| 1-year return | -59.6% | -5.4% |
| 5-year return | -85.5% | -37.3% |
| Volatility (ann.) | 64.9% | 41.8% |
| Beta vs S&P 500 | 1.21 | 1.17 |
| Max drawdown (3Y) | -85.7% | -61.7% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 13.68% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AVD | TSQ |
|---|---|---|
| 2022 | +33.1% | -45.6% |
| 2023 | -49.0% | +57.3% |
| 2024 | -57.5% | -9.3% |
| 2025 | -17.5% | -37.4% |
| 2026 | -42.9% | +24.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AVD and TSQ good diversifiers for each other?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between AVD and TSQ?
As of 2026-08-27, the correlation of weekly returns between AVD and TSQ is 0.46 over 3 years, 0.65 over 1 year and 0.39 over 5 years.
Is TSQ a good diversifier for AVD?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.46 mean?
A reading of 0.46 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/avd-vs-tsq.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/avd-vs-tsq/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AVD correlations · TSQ correlations
