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BARK vs TBN: Correlation

Measured on weekly returns over the past three years, BARK, Inc. (BARK) and Tamboran Resources Corporation (TBN) carry a correlation of -0.22, a negative link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.22
negative
Correlation (1Y)
-0.18
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
-848.1
%² · weekly, annualized

How correlated are BARK and TBN?

Across a 3-year window, the weekly returns of BARK and TBN correlate at -0.22, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.18 lands near the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of -848.1 %².

TBN is close to the least connected end of BARK's tracked universe, ranking #9 of 11. The last year tells two different stories: TBN led by 125.3 percentage points, -38.6% for BARK against +86.7% for TBN.

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.

BARK vs TBN: side by side

BARK (BARK, Inc.)TBN (Tamboran Resources Corporation)
1-year return-38.6%+86.7%
5-year return-93.3%n/a
Volatility (ann.)71.1%52.6%
Beta vs S&P 5001.47-0.08
Max drawdown (3Y)-82.7%-38.6%
Market cap$0.1B$1.3B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: TBN -38.6% vs -82.7%
-53%0%+101%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. BARK · TBN

Year-by-year returns

YearBARKTBN
2022-64.7%
2023-45.9%
2024+128.3%
2025-67.2%+29.7%
2026-10.0%+38.6%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are BARK and TBN good diversifiers for each other?

By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.

FAQ

What is the correlation between BARK and TBN?

Using weekly returns as of 2026-08-27: -0.22 over 3 years, with -0.18 over the last year and n/a over 5 years.

Is TBN a good diversifier for BARK?

By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.

What does a correlation of -0.22 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/bark-vs-tbn.json

BARK vs TBN: 3-year weekly correlation -0.22BARK vs TBN-0.22

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Related comparisons

Hubs: BARK correlations · TBN correlations