DERM vs TRS: Correlation
Measured on weekly returns over the past three years, Journey Medical Corporation (DERM) and TriMas Corporation (TRS) carry a correlation of -0.22, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DERM and TRS?
Across a 3-year window, the weekly returns of DERM and TRS correlate at -0.22, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.23 over 1 year against -0.22 over 3. Stretching to 5 years gives -0.02, with an annualized covariance of -517.9 %².
TRS is close to the least connected end of DERM's tracked universe, ranking #13 of 15. Neither side won the trailing year by much: +0.7% against +2.8%. Risk is not evenly split, since DERM carries 2.2 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.
DERM vs TRS: side by side
| DERM (Journey Medical Corporation) | TRS (TriMas Corporation) | |
|---|---|---|
| 1-year return | +0.7% | +2.8% |
| 5-year return | -23.9% | +25.8% |
| Volatility (ann.) | 71.7% | 33.3% |
| Beta vs S&P 500 | 0.46 | 0.76 |
| Max drawdown (3Y) | -63.3% | -29.5% |
| Market cap | $0.2B | $1.4B |
| P/E (trailing) | – | 19.2 |
| Dividend yield | 0.00% | 0.40% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DERM | TRS |
|---|---|---|
| 2022 | -64.3% | -24.6% |
| 2023 | +200.0% | -8.1% |
| 2024 | -32.1% | -2.3% |
| 2025 | +97.2% | +45.0% |
| 2026 | -2.3% | +12.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DERM and TRS good diversifiers for each other?
Yes. With a correlation of -0.22, DERM and TRS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between DERM and TRS?
The DERM/TRS correlation stands at -0.22 on a 3-year window (1 year: -0.23, 5 years: -0.02), computed from weekly returns as of 2026-08-27.
Is TRS a good diversifier for DERM?
Yes. With a correlation of -0.22, DERM and TRS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.22 mean?
A reading of -0.22 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/derm-vs-trs.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/derm-vs-trs/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DERM correlations · TRS correlations
