NVR vs TRT: Correlation
How closely do NVR, Inc. (NVR) and Trio-Tech International (TRT) trade together? Their weekly returns over three years give a correlation of -0.26, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NVR and TRT?
Over the past 3 years, NVR and TRT moved with a correlation of -0.26, which is negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.41) than the 3-year average (-0.26). Over 5 years the correlation is -0.08, and the annualized covariance of weekly returns is -656.1 %².
By 3-year correlation, TRT places #32 of the 38 assets tracked against NVR. The last year tells two different stories: TRT led by 316.3 percentage points, -20.8% for NVR against +295.5% for TRT. Risk is not evenly split, since TRT carries 4.6 times the volatility of the other side.
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.
NVR vs TRT: side by side
| NVR (NVR, Inc.) | TRT (Trio-Tech International) | |
|---|---|---|
| 1-year return | -20.8% | +295.5% |
| 5-year return | +24.2% | +365.8% |
| Volatility (ann.) | 23.4% | 107.4% |
| Beta vs S&P 500 | 0.53 | 0.18 |
| Max drawdown (3Y) | -43.9% | -54.6% |
| Market cap | $17.0B | – |
| P/E (trailing) | 16.6 | 209.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | NVR | TRT |
|---|---|---|
| 2022 | -21.9% | -66.5% |
| 2023 | +51.8% | +12.7% |
| 2024 | +16.8% | +14.6% |
| 2025 | -10.8% | +127.9% |
| 2026 | -12.7% | +58.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NVR and TRT good diversifiers for each other?
By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.
FAQ
What is the correlation between NVR and TRT?
Using weekly returns as of 2026-08-27: -0.26 over 3 years, with -0.41 over the last year and -0.08 over 5 years.
Is TRT a good diversifier for NVR?
By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.
What does a correlation of -0.26 mean?
On the −1 to +1 scale, -0.26 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/nvr-vs-trt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/nvr-vs-trt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: NVR correlations · TRT correlations
