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BTBD vs TRMB: Correlation

BT Brands, Inc. (BTBD) and Trimble Inc. (TRMB) show a moderate relationship: their 3-year correlation of weekly returns is 0.32.

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

Correlation (3Y)
0.32
moderate
Correlation (1Y)
0.46
last 12 months
Correlation (5Y)
0.15
long-run
Ann. covariance
813.9
%² · weekly, annualized

How correlated are BTBD and TRMB?

Across a 3-year window, the weekly returns of BTBD and TRMB correlate at 0.32, moderate. The link has tightened recently: the 1-year correlation (0.46) runs above the 3-year figure (0.32). Stretching to 5 years gives 0.15, with an annualized covariance of 813.9 %².

By 3-year correlation, TRMB places #4 of the 12 assets tracked against BTBD. Their 12-month results are close: -22.5% for BTBD against -25.1% for TRMB. Risk is not evenly split, since BTBD carries 2.7 times the volatility of the other side.

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.

BTBD vs TRMB: side by side

BTBD (BT Brands, Inc.)TRMB (Trimble Inc.)
1-year return-22.5%-25.1%
5-year return-67.8%-35.7%
Volatility (ann.)82.0%30.9%
Beta vs S&P 5000.391.13
Max drawdown (3Y)-65.7%-42.7%
Market cap$14.3B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedInformation Technology
Smaller drawdown: TRMB -42.7% vs -65.7%Higher 5y return: TRMB -35.7% vs -67.8%
-54%0%+3%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. BTBD · TRMB

Year-by-year returns

YearBTBDTRMB
2022-38.1%-42.0%
2023+36.8%+5.2%
2024-42.4%+32.8%
2025-3.5%+10.9%
2026+2.1%-21.5%

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

Are BTBD and TRMB good diversifiers for each other?

A fair diversifier. At 0.32, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between BTBD and TRMB?

As of 2026-08-27, the correlation of weekly returns between BTBD and TRMB is 0.32 over 3 years, 0.46 over 1 year and 0.15 over 5 years.

Is TRMB a good diversifier for BTBD?

A fair diversifier. At 0.32, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.32 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/btbd-vs-trmb.json

BTBD vs TRMB: 3-year weekly correlation 0.32BTBD vs TRMB0.32

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Related comparisons

Hubs: BTBD correlations · TRMB correlations