LINC vs UTI: Correlation
How closely do Lincoln Educational Services Corporation (LINC) and Universal Technical Institute Inc (UTI) trade together? Their weekly returns over three years give a correlation of 0.64, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LINC and UTI?
On 3 years of weekly data the LINC/UTI correlation comes out at 0.64, strong. Little has changed lately, as the 1-year reading of 0.73 lands near the 3-year figure. The 5-year figure is 0.55, and annualized covariance runs at 1743.2 %².
UTI is one of the assets that tracks LINC most closely: it ranks #1 out of the 10 assets we track against LINC. The last year tells two different stories: LINC led by 49.4 percentage points, +29.2% for LINC against -20.2% for UTI.
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.
LINC vs UTI: side by side
| LINC (Lincoln Educational Services Corporation) | UTI (Universal Technical Institute Inc) | |
|---|---|---|
| 1-year return | +29.2% | -20.2% |
| 5-year return | +298.9% | +211.1% |
| Volatility (ann.) | 49.6% | 54.6% |
| Beta vs S&P 500 | 0.89 | 0.64 |
| Max drawdown (3Y) | -55.4% | -57.8% |
| Market cap | $0.8B | $1.2B |
| P/E (trailing) | 35.2 | 36.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LINC | UTI |
|---|---|---|
| 2022 | -22.5% | -14.1% |
| 2023 | +73.4% | +86.3% |
| 2024 | +57.6% | +105.4% |
| 2025 | +52.7% | +1.6% |
| 2026 | +5.1% | -17.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LINC and UTI good diversifiers for each other?
Only partially. A correlation of 0.64 means LINC and UTI share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between LINC and UTI?
The LINC/UTI correlation stands at 0.64 on a 3-year window (1 year: 0.73, 5 years: 0.55), computed from weekly returns as of 2026-08-27.
Is UTI a good diversifier for LINC?
Only partially. A correlation of 0.64 means LINC and UTI share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
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/linc-vs-uti.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/linc-vs-uti/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LINC correlations · UTI correlations
