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KTCC vs OC: Correlation

How closely do Key Tronic Corporation (KTCC) and Owens Corning Inc (OC) trade together? Their weekly returns over three years give a correlation of 0.34, which is moderate.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.34
moderate
Correlation (1Y)
0.44
last 12 months
Correlation (5Y)
0.35
long-run
Ann. covariance
466.5
%² · weekly, annualized

How correlated are KTCC and OC?

On 3 years of weekly data the KTCC/OC correlation comes out at 0.34, moderate. Recent behaviour matches the longer record: 0.44 over 1 year against 0.34 over 3. The 5-year figure is 0.35, and annualized covariance runs at 466.5 %².

By 3-year correlation, OC places #5 of the 12 assets tracked against KTCC. The last year tells two different stories: KTCC led by 32.8 percentage points, +29.2% for KTCC against -3.6% for OC.

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.

KTCC vs OC: side by side

KTCC (Key Tronic Corporation)OC (Owens Corning Inc)
1-year return+29.2%-3.6%
5-year return-42.7%+60.3%
Volatility (ann.)39.4%35.1%
Beta vs S&P 5000.561.41
Max drawdown (3Y)-62.5%-52.5%
Market cap$11.4B
P/E (trailing)
Dividend yield0.00%2.10%
Sector / categoryUS ListedUS Listed
Higher yield: OC 2.10% vs 0.00%Smaller drawdown: OC -52.5% vs -62.5%Higher 5y return: OC +60.3% vs -42.7%
-34%0%+34%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). KTCC · OC

Year-by-year returns

YearKTCCOC
2022-30.8%-4.2%
2023-0.2%+77.2%
2024-3.5%+16.6%
2025-33.1%-33.0%
2026+38.0%+30.9%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are KTCC and OC good diversifiers for each other?

A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between KTCC and OC?

Using weekly returns as of 2026-08-27: 0.34 over 3 years, with 0.44 over the last year and 0.35 over 5 years.

Is OC a good diversifier for KTCC?

A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.34 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/ktcc-vs-oc.json

KTCC vs OC: 3-year weekly correlation 0.34KTCC vs OC0.34

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Related comparisons

Hubs: KTCC correlations · OC correlations