BCE vs TRMB: Correlation
BCE, Inc. (BCE) and Trimble Inc. (TRMB) show a negative relationship: their 3-year correlation of weekly returns is -0.17.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BCE and TRMB?
Across a 3-year window, the weekly returns of BCE and TRMB correlate at -0.17, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.01) than the 3-year average (-0.17). Stretching to 5 years gives 0.05, with an annualized covariance of -114.5 %².
By 3-year correlation, TRMB places #15 of the 27 assets tracked against BCE. Correlation aside, the last 12 months split them widely, with BCE ahead by 23.7 points (-1.4% versus -25.1%).
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.
BCE vs TRMB: side by side
| BCE (BCE, Inc.) | TRMB (Trimble Inc.) | |
|---|---|---|
| 1-year return | -1.4% | -25.1% |
| 5-year return | -36.8% | -35.7% |
| Volatility (ann.) | 21.5% | 30.9% |
| Beta vs S&P 500 | -0.06 | 1.13 |
| Max drawdown (3Y) | -43.5% | -42.7% |
| Market cap | $21.8B | $14.3B |
| P/E (trailing) | 4.8 | – |
| Dividend yield | 7.45% | 0.00% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | BCE | TRMB |
|---|---|---|
| 2022 | -10.6% | -42.0% |
| 2023 | -4.2% | +5.2% |
| 2024 | -35.5% | +32.8% |
| 2025 | +10.2% | +10.9% |
| 2026 | +0.8% | -21.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BCE and TRMB good diversifiers for each other?
Yes: at -0.17, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between BCE and TRMB?
The BCE/TRMB correlation stands at -0.17 on a 3-year window (1 year: -0.01, 5 years: 0.05), computed from weekly returns as of 2026-08-27.
Is TRMB a good diversifier for BCE?
Yes: at -0.17, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.17 mean?
A reading of -0.17 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/bce-vs-trmb.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bce-vs-trmb/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BCE correlations · TRMB correlations
