BBY vs TKR: Correlation
Best Buy (BBY) and Timken Company (The) (TKR) show a moderate relationship: their 3-year correlation of weekly returns is 0.47.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BBY and TKR?
Across a 3-year window, the weekly returns of BBY and TKR correlate at 0.47, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.34 versus 0.47 over 3 years. Stretching to 5 years gives 0.47, with an annualized covariance of 484.3 %².
Within BBY's tracked universe of 33 assets, TKR comes in at #14 by 3-year correlation. Correlation aside, the last 12 months split them widely, with TKR ahead by 42.9 points (+16.9% versus +59.8%).
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.
BBY vs TKR: side by side
| BBY (Best Buy) | TKR (Timken Company (The)) | |
|---|---|---|
| 1-year return | +16.9% | +59.8% |
| 5-year return | -11.2% | +80.3% |
| Volatility (ann.) | 37.6% | 27.4% |
| Beta vs S&P 500 | 0.97 | 0.98 |
| Max drawdown (3Y) | -44.3% | -37.6% |
| Market cap | – | $8.6B |
| P/E (trailing) | 16.2 | 33.7 |
| Dividend yield | 0.00% | 1.12% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | BBY | TKR |
|---|---|---|
| 2022 | -17.5% | +3.9% |
| 2023 | +2.5% | +15.4% |
| 2024 | +14.4% | -9.5% |
| 2025 | -17.8% | +20.0% |
| 2026 | +28.4% | +49.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BBY and TKR good diversifiers for each other?
A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BBY and TKR?
Using weekly returns as of 2026-08-27: 0.47 over 3 years, with 0.34 over the last year and 0.47 over 5 years.
Is TKR a good diversifier for BBY?
A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.47 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
$ curl https://www.pairbook.io/api/v1/pairs/bby-vs-tkr.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bby-vs-tkr/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BBY correlations · TKR correlations
