LTC vs TRT: Correlation
How closely do LTC Properties, Inc. (LTC) and Trio-Tech International (TRT) trade together? Their weekly returns over three years give a correlation of -0.21, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LTC and TRT?
Across a 3-year window, the weekly returns of LTC and TRT correlate at -0.21, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.32) than the 3-year average (-0.21). Stretching to 5 years gives -0.11, with an annualized covariance of -404.3 %².
Among the 14 assets we track against LTC, TRT sits near the bottom by co-movement, at rank #12. The last year tells two different stories: TRT led by 276.9 percentage points, +18.6% for LTC against +295.5% for TRT. Note the risk asymmetry: TRT runs 6.1 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
LTC vs TRT: side by side
| LTC (LTC Properties, Inc.) | TRT (Trio-Tech International) | |
|---|---|---|
| 1-year return | +18.6% | +295.5% |
| 5-year return | +63.7% | +365.8% |
| Volatility (ann.) | 17.7% | 107.4% |
| Beta vs S&P 500 | 0.22 | 0.18 |
| Max drawdown (3Y) | -14.5% | -54.6% |
| Market cap | $2.2B | – |
| P/E (trailing) | 14.5 | 209.6 |
| Dividend yield | 5.63% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LTC | TRT |
|---|---|---|
| 2022 | +10.5% | -66.5% |
| 2023 | -3.2% | +12.7% |
| 2024 | +14.9% | +14.6% |
| 2025 | +6.2% | +127.9% |
| 2026 | +23.1% | +58.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LTC and TRT good diversifiers for each other?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
FAQ
What is the correlation between LTC and TRT?
The LTC/TRT correlation stands at -0.21 on a 3-year window (1 year: -0.32, 5 years: -0.11), computed from weekly returns as of 2026-08-27.
Is TRT a good diversifier for LTC?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
What does a correlation of -0.21 mean?
A reading of -0.21 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ltc-vs-trt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ltc-vs-trt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LTC correlations · TRT correlations
