LXFR vs TKR: Correlation
Measured on weekly returns over the past three years, Luxfer Holdings PLC (LXFR) and Timken Company (The) (TKR) carry a correlation of 0.50, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LXFR and TKR?
Over the past 3 years, LXFR and TKR moved with a correlation of 0.50, which is moderate. Recent behaviour matches the longer record: 0.49 over 1 year against 0.50 over 3. Over 5 years the correlation is 0.49, and the annualized covariance of weekly returns is 604.1 %².
By 3-year correlation, TKR places #5 of the 11 assets tracked against LXFR. Their recent paths diverged sharply: over the last 12 months TKR outperformed by 28.2 percentage points (+31.6% for LXFR against +59.8% for TKR). One caveat on sizing: LXFR is 1.6 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
LXFR vs TKR: side by side
| LXFR (Luxfer Holdings PLC) | TKR (Timken Company (The)) | |
|---|---|---|
| 1-year return | +31.6% | +59.8% |
| 5-year return | -1.2% | +80.3% |
| Volatility (ann.) | 44.1% | 27.4% |
| Beta vs S&P 500 | 0.97 | 0.98 |
| Max drawdown (3Y) | -42.1% | -37.6% |
| Market cap | $0.5B | $8.6B |
| P/E (trailing) | 35.0 | 33.7 |
| Dividend yield | 3.03% | 1.12% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LXFR | TKR |
|---|---|---|
| 2022 | -26.6% | +3.9% |
| 2023 | -32.3% | +15.4% |
| 2024 | +53.9% | -9.5% |
| 2025 | +7.8% | +20.0% |
| 2026 | +30.1% | +49.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LXFR and TKR good diversifiers for each other?
Only partially. A correlation of 0.50 means LXFR and TKR 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 LXFR and TKR?
As of 2026-08-27, the correlation of weekly returns between LXFR and TKR is 0.50 over 3 years, 0.49 over 1 year and 0.49 over 5 years.
Is TKR a good diversifier for LXFR?
Only partially. A correlation of 0.50 means LXFR and TKR share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.50 mean?
A reading of 0.50 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/lxfr-vs-tkr.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/lxfr-vs-tkr/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LXFR correlations · TKR correlations
