FLXS vs TAYD: Correlation
How closely do Flexsteel Industries, Inc. (FLXS) and Taylor Devices, Inc. (TAYD) trade together? Their weekly returns over three years give a correlation of 0.35, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FLXS and TAYD?
Across a 3-year window, the weekly returns of FLXS and TAYD correlate at 0.35, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.20 versus 0.35 over 3 years. Stretching to 5 years gives 0.25, with an annualized covariance of 1154.4 %².
Within FLXS's tracked universe of 13 assets, TAYD comes in at #7 by 3-year correlation. Correlation aside, the last 12 months split them widely, with FLXS ahead by 56.4 points (+83.0% versus +26.6%).
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.
FLXS vs TAYD: side by side
| FLXS (Flexsteel Industries, Inc.) | TAYD (Taylor Devices, Inc.) | |
|---|---|---|
| 1-year return | +83.0% | +26.6% |
| 5-year return | +162.8% | +405.0% |
| Volatility (ann.) | 58.9% | 55.2% |
| Beta vs S&P 500 | 0.68 | 0.59 |
| Max drawdown (3Y) | -54.1% | -52.7% |
| Market cap | $0.3B | $0.2B |
| P/E (trailing) | 13.4 | 23.2 |
| Dividend yield | 1.04% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FLXS | TAYD |
|---|---|---|
| 2022 | -40.7% | +29.9% |
| 2023 | +26.1% | +56.0% |
| 2024 | +192.9% | +88.1% |
| 2025 | -25.9% | +40.5% |
| 2026 | +109.7% | +4.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FLXS and TAYD good diversifiers for each other?
Reasonably. At 0.35, FLXS and TAYD keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between FLXS and TAYD?
As of 2026-08-27, the correlation of weekly returns between FLXS and TAYD is 0.35 over 3 years, 0.20 over 1 year and 0.25 over 5 years.
Is TAYD a good diversifier for FLXS?
Reasonably. At 0.35, FLXS and TAYD keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.35 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
$ curl https://www.pairbook.io/api/v1/pairs/flxs-vs-tayd.json
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[](https://www.pairbook.io/pair/flxs-vs-tayd/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FLXS correlations · TAYD correlations
