PTC vs TRMB: Correlation
Measured on weekly returns over the past three years, PTC Inc. (PTC) and Trimble Inc. (TRMB) carry a correlation of 0.46, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PTC and TRMB?
On 3 years of weekly data the PTC/TRMB correlation comes out at 0.46, moderate. The relationship has been stable: the 1-year correlation (0.50) sits close to the 3-year figure. The 5-year figure is 0.51, and annualized covariance runs at 407.2 %².
By 3-year correlation, TRMB places #18 of the 32 assets tracked against PTC. Neither side won the trailing year by much: -26.6% against -25.1%. On a rolling one-year basis the correlation drifted between 0.15 and 0.64, a moderate band.
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.
PTC vs TRMB: side by side
| PTC (PTC Inc.) | TRMB (Trimble Inc.) | |
|---|---|---|
| 1-year return | -26.6% | -25.1% |
| 5-year return | +20.0% | -35.7% |
| Volatility (ann.) | 28.8% | 30.9% |
| Beta vs S&P 500 | 1.02 | 1.13 |
| Max drawdown (3Y) | -48.1% | -42.7% |
| Market cap | $17.2B | $14.3B |
| P/E (trailing) | 14.7 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | Information Technology |
Year-by-year returns
| Year | PTC | TRMB |
|---|---|---|
| 2022 | -0.9% | -42.0% |
| 2023 | +45.8% | +5.2% |
| 2024 | +5.1% | +32.8% |
| 2025 | -5.3% | +10.9% |
| 2026 | -8.8% | -21.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PTC and TRMB good diversifiers for each other?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between PTC and TRMB?
As of 2026-08-27, the correlation of weekly returns between PTC and TRMB is 0.46 over 3 years, 0.50 over 1 year and 0.51 over 5 years.
Is TRMB a good diversifier for PTC?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.46 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ptc-vs-trmb.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ptc-vs-trmb/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: PTC correlations · TRMB correlations
