MTN vs PK: Correlation
Vail Resorts, Inc. (MTN) and Park Hotels & Resorts Inc. (PK) show a moderate relationship: their 3-year correlation of weekly returns is 0.44.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MTN and PK?
Over the past 3 years, MTN and PK moved with a correlation of 0.44, which is moderate. The link has loosened recently: the 1-year correlation (0.31) runs below the 3-year figure (0.44). Over 5 years the correlation is 0.52, and the annualized covariance of weekly returns is 410.1 %².
By 3-year correlation, PK places #4 of the 11 assets tracked against MTN. Their recent paths diverged sharply: over the last 12 months PK outperformed by 48.8 percentage points (-5.4% for MTN against +43.4% for PK).
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.
MTN vs PK: side by side
| MTN (Vail Resorts, Inc.) | PK (Park Hotels & Resorts Inc.) | |
|---|---|---|
| 1-year return | -5.4% | +43.4% |
| 5-year return | -41.0% | +21.9% |
| Volatility (ann.) | 29.1% | 31.8% |
| Beta vs S&P 500 | 0.68 | 0.99 |
| Max drawdown (3Y) | -45.7% | -44.8% |
| Market cap | $5.2B | $3.2B |
| P/E (trailing) | 32.1 | – |
| Dividend yield | 5.97% | 6.28% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MTN | PK |
|---|---|---|
| 2022 | -24.9% | -36.0% |
| 2023 | -7.1% | +49.4% |
| 2024 | -8.0% | +1.0% |
| 2025 | -24.9% | -18.4% |
| 2026 | +12.5% | +56.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MTN and PK good diversifiers for each other?
Reasonably. At 0.44, MTN and PK keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between MTN and PK?
The MTN/PK correlation stands at 0.44 on a 3-year window (1 year: 0.31, 5 years: 0.52), computed from weekly returns as of 2026-08-27.
Is PK a good diversifier for MTN?
Reasonably. At 0.44, MTN and PK keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.44 mean?
On the −1 to +1 scale, 0.44 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/mtn-vs-pk.json
Embed this badge (it refreshes with the data), with attribution:
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The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: MTN correlations · PK correlations
