BKH vs TSN: Correlation
Black Hills Corporation (BKH) and Tyson Foods (TSN) show a moderate relationship: their 3-year correlation of weekly returns is 0.44.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BKH and TSN?
Over the past 3 years, BKH and TSN moved with a correlation of 0.44, which is moderate. The relationship has been stable: the 1-year correlation (0.34) sits close to the 3-year figure. Over 5 years the correlation is 0.42, and the annualized covariance of weekly returns is 215.0 %².
Among the 13 assets we track against BKH, TSN ranks #8 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months BKH outperformed by 26.8 percentage points (+26.5% for BKH against -0.3% for TSN).
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.
BKH vs TSN: side by side
| BKH (Black Hills Corporation) | TSN (Tyson Foods) | |
|---|---|---|
| 1-year return | +26.5% | -0.3% |
| 5-year return | +27.4% | -17.3% |
| Volatility (ann.) | 21.5% | 22.8% |
| Beta vs S&P 500 | 0.32 | 0.19 |
| Max drawdown (3Y) | -14.1% | -20.3% |
| Market cap | $5.6B | $19.5B |
| P/E (trailing) | 18.5 | 35.0 |
| Dividend yield | 3.74% | 0.88% |
| Sector / category | US Listed | Consumer Staples |
Year-by-year returns
| Year | BKH | TSN |
|---|---|---|
| 2022 | +3.1% | -26.9% |
| 2023 | -19.9% | -10.4% |
| 2024 | +13.6% | +10.5% |
| 2025 | +23.9% | +5.7% |
| 2026 | +8.8% | -4.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BKH and TSN good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between BKH and TSN?
As of 2026-08-27, the correlation of weekly returns between BKH and TSN is 0.44 over 3 years, 0.34 over 1 year and 0.42 over 5 years.
Is TSN a good diversifier for BKH?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.44 mean?
On the −1 to +1 scale, 0.44 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/bkh-vs-tsn.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bkh-vs-tsn/)
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Related comparisons
Hubs: BKH correlations · TSN correlations
