OSK vs TITN: Correlation
How closely do Oshkosh Corporation (Holding Company) (OSK) and Titan Machinery Inc. (TITN) trade together? Their weekly returns over three years give a correlation of 0.61, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OSK and TITN?
Across a 3-year window, the weekly returns of OSK and TITN correlate at 0.61, strong. Recent behaviour matches the longer record: 0.53 over 1 year against 0.61 over 3. Stretching to 5 years gives 0.56, with an annualized covariance of 1096.6 %².
By 3-year correlation, TITN places #10 of the 18 assets tracked against OSK. Correlation aside, the last 12 months split them widely, with OSK ahead by 23.3 points (+11.0% versus -12.3%).
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.
OSK vs TITN: side by side
| OSK (Oshkosh Corporation (Holding Company)) | TITN (Titan Machinery Inc.) | |
|---|---|---|
| 1-year return | +11.0% | -12.3% |
| 5-year return | +47.4% | -35.8% |
| Volatility (ann.) | 37.0% | 48.9% |
| Beta vs S&P 500 | 1.14 | 1.27 |
| Max drawdown (3Y) | -36.7% | -58.5% |
| Market cap | $9.7B | $0.4B |
| P/E (trailing) | 18.1 | – |
| Dividend yield | 1.37% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | OSK | TITN |
|---|---|---|
| 2022 | -20.5% | +17.9% |
| 2023 | +25.2% | -27.3% |
| 2024 | -10.8% | -51.1% |
| 2025 | +34.5% | +6.4% |
| 2026 | +26.2% | +22.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OSK and TITN good diversifiers for each other?
Only partially. A correlation of 0.61 means OSK and TITN 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 OSK and TITN?
Using weekly returns as of 2026-08-27: 0.61 over 3 years, with 0.53 over the last year and 0.56 over 5 years.
Is TITN a good diversifier for OSK?
Only partially. A correlation of 0.61 means OSK and TITN share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.61 mean?
A reading of 0.61 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/osk-vs-titn.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/osk-vs-titn/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: OSK correlations · TITN correlations
