CTS vs VMI: Correlation
CTS Corporation (CTS) and Valmont Industries, Inc. (VMI) show a moderate relationship: their 3-year correlation of weekly returns is 0.52.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CTS and VMI?
Across a 3-year window, the weekly returns of CTS and VMI correlate at 0.52, moderate. The past 12 months show a weaker link (0.42) than the 3-year average (0.52). Stretching to 5 years gives 0.48, with an annualized covariance of 548.0 %².
Among the 26 assets we track against CTS, VMI ranks #20 by 3-year correlation. On 12-month performance CTS holds a 6.6-point edge, +35.8% against +29.2%.
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.
CTS vs VMI: side by side
| CTS (CTS Corporation) | VMI (Valmont Industries, Inc.) | |
|---|---|---|
| 1-year return | +35.8% | +29.2% |
| 5-year return | +63.4% | +102.0% |
| Volatility (ann.) | 33.0% | 31.8% |
| Beta vs S&P 500 | 1.40 | 1.02 |
| Max drawdown (3Y) | -40.6% | -29.8% |
| Market cap | $1.6B | $9.3B |
| P/E (trailing) | 23.8 | 18.6 |
| Dividend yield | 0.28% | 0.61% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CTS | VMI |
|---|---|---|
| 2022 | +7.8% | +33.1% |
| 2023 | +11.4% | -28.7% |
| 2024 | +20.9% | +32.5% |
| 2025 | -18.4% | +32.2% |
| 2026 | +34.7% | +19.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CTS and VMI good diversifiers for each other?
To a limited degree. At 0.52 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between CTS and VMI?
The CTS/VMI correlation stands at 0.52 on a 3-year window (1 year: 0.42, 5 years: 0.48), computed from weekly returns as of 2026-08-27.
Is VMI a good diversifier for CTS?
To a limited degree. At 0.52 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.52 mean?
On the −1 to +1 scale, 0.52 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/cts-vs-vmi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cts-vs-vmi/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CTS correlations · VMI correlations
