KRO vs OLN: Correlation
Measured on weekly returns over the past three years, Kronos Worldwide Inc (KRO) and Olin Corporation (OLN) carry a correlation of 0.61, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KRO and OLN?
Across a 3-year window, the weekly returns of KRO and OLN correlate at 0.61, strong. Little has changed lately, as the 1-year reading of 0.55 lands near the 3-year figure. Stretching to 5 years gives 0.53, with an annualized covariance of 1519.5 %².
Within KRO's tracked universe of 17 assets, OLN comes in at #4 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months KRO outperformed by 68.9 percentage points (+45.6% for KRO against -23.3% for OLN).
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.
KRO vs OLN: side by side
| KRO (Kronos Worldwide Inc) | OLN (Olin Corporation) | |
|---|---|---|
| 1-year return | +45.6% | -23.3% |
| 5-year return | -15.4% | -62.2% |
| Volatility (ann.) | 55.0% | 45.4% |
| Beta vs S&P 500 | 1.47 | 1.04 |
| Max drawdown (3Y) | -68.7% | -69.3% |
| Market cap | $1.0B | – |
| P/E (trailing) | – | – |
| Dividend yield | 2.28% | 4.62% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KRO | OLN |
|---|---|---|
| 2022 | -33.7% | -6.6% |
| 2023 | +14.9% | +3.5% |
| 2024 | +2.5% | -36.3% |
| 2025 | -53.1% | -36.2% |
| 2026 | +101.5% | -15.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KRO and OLN good diversifiers for each other?
To a limited degree. At 0.61 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 KRO and OLN?
Using weekly returns as of 2026-08-27: 0.61 over 3 years, with 0.55 over the last year and 0.53 over 5 years.
Is OLN a good diversifier for KRO?
To a limited degree. At 0.61 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 0.61 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/kro-vs-oln.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/kro-vs-oln/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: KRO correlations · OLN correlations
