RBC vs TKC: Correlation
RBC Bearings Incorporated (RBC) and Turkcell Iletisim Hizmetleri AS (TKC) show a moderate relationship: their 3-year correlation of weekly returns is 0.32.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RBC and TKC?
Across a 3-year window, the weekly returns of RBC and TKC correlate at 0.32, moderate. The relationship has been stable: the 1-year correlation (0.42) sits close to the 3-year figure. Stretching to 5 years gives 0.22, with an annualized covariance of 276.0 %².
TKC is close to the least connected end of RBC's tracked universe, ranking #9 of 12. Their recent paths diverged sharply: over the last 12 months RBC outperformed by 40.0 percentage points (+27.4% for RBC against -12.6% for TKC).
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.
RBC vs TKC: side by side
| RBC (RBC Bearings Incorporated) | TKC (Turkcell Iletisim Hizmetleri AS) | |
|---|---|---|
| 1-year return | +27.4% | -12.6% |
| 5-year return | +128.1% | +30.6% |
| Volatility (ann.) | 26.5% | 32.9% |
| Beta vs S&P 500 | 0.87 | 0.45 |
| Max drawdown (3Y) | -23.6% | -28.5% |
| Market cap | $16.1B | $4.7B |
| P/E (trailing) | 50.7 | 12.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RBC | TKC |
|---|---|---|
| 2022 | +4.2% | +38.2% |
| 2023 | +36.1% | +2.5% |
| 2024 | +5.0% | +44.5% |
| 2025 | +49.9% | -14.3% |
| 2026 | +13.5% | -1.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RBC and TKC good diversifiers for each other?
Reasonably. At 0.32, RBC and TKC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between RBC and TKC?
As of 2026-08-27, the correlation of weekly returns between RBC and TKC is 0.32 over 3 years, 0.42 over 1 year and 0.22 over 5 years.
Is TKC a good diversifier for RBC?
Reasonably. At 0.32, RBC and TKC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.32 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/rbc-vs-tkc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/rbc-vs-tkc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: RBC correlations · TKC correlations
