AVNT vs TTC: Correlation
How closely do Avient Corporation (AVNT) and Toro Company (The) (TTC) trade together? Their weekly returns over three years give a correlation of 0.55, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AVNT and TTC?
Across a 3-year window, the weekly returns of AVNT and TTC correlate at 0.55, moderate. The past 12 months show a tighter link (0.66) than the 3-year average (0.55). Stretching to 5 years gives 0.55, with an annualized covariance of 633.8 %².
By 3-year correlation, TTC places #21 of the 35 assets tracked against AVNT. Neither side won the trailing year by much: +21.7% against +22.8%.
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.
AVNT vs TTC: side by side
| AVNT (Avient Corporation) | TTC (Toro Company (The)) | |
|---|---|---|
| 1-year return | +21.7% | +22.8% |
| 5-year return | -3.6% | -3.5% |
| Volatility (ann.) | 36.9% | 31.1% |
| Beta vs S&P 500 | 1.33 | 0.98 |
| Max drawdown (3Y) | -46.9% | -36.9% |
| Market cap | $4.1B | – |
| P/E (trailing) | 23.9 | 28.9 |
| Dividend yield | 2.45% | 1.53% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AVNT | TTC |
|---|---|---|
| 2022 | -38.2% | +14.9% |
| 2023 | +26.4% | -14.0% |
| 2024 | +0.6% | -15.2% |
| 2025 | -21.2% | +0.3% |
| 2026 | +43.9% | +27.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AVNT and TTC good diversifiers for each other?
Somewhat, no more. With 0.55 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between AVNT and TTC?
Using weekly returns as of 2026-08-27: 0.55 over 3 years, with 0.66 over the last year and 0.55 over 5 years.
Is TTC a good diversifier for AVNT?
Somewhat, no more. With 0.55 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.55 mean?
On the −1 to +1 scale, 0.55 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/avnt-vs-ttc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/avnt-vs-ttc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AVNT correlations · TTC correlations
