DVA vs TKR: Correlation
Measured on weekly returns over the past three years, DaVita (DVA) and Timken Company (The) (TKR) carry a correlation of 0.42, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DVA and TKR?
Over the past 3 years, DVA and TKR moved with a correlation of 0.42, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.57 versus 0.42 over 3 years. Over 5 years the correlation is 0.30, and the annualized covariance of weekly returns is 469.0 %².
Within DVA's tracked universe of 38 assets, TKR comes in at #4 by 3-year correlation. Correlation aside, the last 12 months split them widely, with TKR ahead by 29.8 points (+30.0% versus +59.8%).
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.
DVA vs TKR: side by side
| DVA (DaVita) | TKR (Timken Company (The)) | |
|---|---|---|
| 1-year return | +30.0% | +59.8% |
| 5-year return | +36.4% | +80.3% |
| Volatility (ann.) | 40.9% | 27.4% |
| Beta vs S&P 500 | 0.38 | 0.98 |
| Max drawdown (3Y) | -41.4% | -37.6% |
| Market cap | $11.4B | $8.6B |
| P/E (trailing) | 15.3 | 33.7 |
| Dividend yield | 0.00% | 1.12% |
| Sector / category | Health Care | US Listed |
Year-by-year returns
| Year | DVA | TKR |
|---|---|---|
| 2022 | -34.4% | +3.9% |
| 2023 | +40.3% | +15.4% |
| 2024 | +42.8% | -9.5% |
| 2025 | -24.0% | +20.0% |
| 2026 | +57.5% | +49.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DVA and TKR good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between DVA and TKR?
The DVA/TKR correlation stands at 0.42 on a 3-year window (1 year: 0.57, 5 years: 0.30), computed from weekly returns as of 2026-08-27.
Is TKR a good diversifier for DVA?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.42 mean?
A reading of 0.42 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/dva-vs-tkr.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dva-vs-tkr/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DVA correlations · TKR correlations
