LEA vs TKR: Correlation
Lear Corporation (LEA) and Timken Company (The) (TKR) show a strong relationship: their 3-year correlation of weekly returns is 0.64.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LEA and TKR?
On 3 years of weekly data the LEA/TKR correlation comes out at 0.64, strong. Little has changed lately, as the 1-year reading of 0.72 lands near the 3-year figure. The 5-year figure is 0.66, and annualized covariance runs at 504.1 %².
TKR is one of the assets that tracks LEA most closely: it ranks #2 out of the 17 assets we track against LEA. The last year tells two different stories: TKR led by 44.6 percentage points, +15.2% for LEA against +59.8% for TKR.
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.
LEA vs TKR: side by side
| LEA (Lear Corporation) | TKR (Timken Company (The)) | |
|---|---|---|
| 1-year return | +15.2% | +59.8% |
| 5-year return | -13.4% | +80.3% |
| Volatility (ann.) | 28.8% | 27.4% |
| Beta vs S&P 500 | 0.61 | 0.98 |
| Max drawdown (3Y) | -47.0% | -37.6% |
| Market cap | $8.2B | $8.6B |
| P/E (trailing) | 11.6 | 33.7 |
| Dividend yield | 2.48% | 1.12% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LEA | TKR |
|---|---|---|
| 2022 | -30.7% | +3.9% |
| 2023 | +16.4% | +15.4% |
| 2024 | -31.2% | -9.5% |
| 2025 | +24.9% | +20.0% |
| 2026 | +9.1% | +49.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LEA and TKR good diversifiers for each other?
Somewhat, no more. With 0.64 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between LEA and TKR?
Using weekly returns as of 2026-08-27: 0.64 over 3 years, with 0.72 over the last year and 0.66 over 5 years.
Is TKR a good diversifier for LEA?
Somewhat, no more. With 0.64 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.64 mean?
On the −1 to +1 scale, 0.64 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/lea-vs-tkr.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/lea-vs-tkr/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LEA correlations · TKR correlations
