HTZ vs TII: Correlation
How closely do Hertz Global Holdings, Inc (HTZ) and Titan Mining Corporation (TII) trade together? Their weekly returns over three years give a correlation of 0.33, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HTZ and TII?
Over the past 3 years, HTZ and TII moved with a correlation of 0.33, which is moderate. The link has loosened recently: the 1-year correlation (0.22) runs below the 3-year figure (0.33). Over 5 years the correlation is 0.14, and the annualized covariance of weekly returns is 3237.0 %².
Among the 14 assets we track against HTZ, TII ranks #9 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months TII outperformed by 171.2 percentage points (-65.1% for HTZ against +106.1% for TII).
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.
HTZ vs TII: side by side
| HTZ (Hertz Global Holdings, Inc) | TII (Titan Mining Corporation) | |
|---|---|---|
| 1-year return | -65.1% | +106.1% |
| 5-year return | -87.9% | +633.2% |
| Volatility (ann.) | 102.2% | 94.7% |
| Beta vs S&P 500 | 1.27 | 0.43 |
| Max drawdown (3Y) | -91.2% | -63.6% |
| Market cap | $0.7B | $0.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HTZ | TII |
|---|---|---|
| 2022 | -38.4% | -15.7% |
| 2023 | -32.5% | -25.1% |
| 2024 | -64.8% | -19.3% |
| 2025 | +40.4% | +826.4% |
| 2026 | -60.3% | -3.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HTZ and TII good diversifiers for each other?
Reasonably. At 0.33, HTZ and TII keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between HTZ and TII?
The HTZ/TII correlation stands at 0.33 on a 3-year window (1 year: 0.22, 5 years: 0.14), computed from weekly returns as of 2026-08-27.
Is TII a good diversifier for HTZ?
Reasonably. At 0.33, HTZ and TII keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.33 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/htz-vs-tii.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/htz-vs-tii/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: HTZ correlations · TII correlations
