ROK vs ST: Correlation
How closely do Rockwell Automation (ROK) and Sensata Technologies Holding plc (ST) trade together? Their weekly returns over three years give a correlation of 0.58, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ROK and ST?
Over the past 3 years, ROK and ST moved with a correlation of 0.58, which is moderate. Recent behaviour matches the longer record: 0.51 over 1 year against 0.58 over 3. Over 5 years the correlation is 0.57, and the annualized covariance of weekly returns is 582.5 %².
Few assets follow ROK as closely as ST, which ranks #3 of 37 tracked partners. Their 12-month results are close: +25.7% for ROK against +28.3% for ST.
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.
ROK vs ST: side by side
| ROK (Rockwell Automation) | ST (Sensata Technologies Holding plc) | |
|---|---|---|
| 1-year return | +25.7% | +28.3% |
| 5-year return | +44.9% | -25.4% |
| Volatility (ann.) | 27.9% | 36.0% |
| Beta vs S&P 500 | 0.97 | 1.30 |
| Max drawdown (3Y) | -29.0% | -58.4% |
| Market cap | $48.2B | $6.2B |
| P/E (trailing) | 40.6 | 68.5 |
| Dividend yield | 1.26% | 1.13% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | ROK | ST |
|---|---|---|
| 2022 | -24.8% | -34.0% |
| 2023 | +22.6% | -5.9% |
| 2024 | -6.2% | -26.1% |
| 2025 | +38.4% | +23.5% |
| 2026 | +12.4% | +28.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ROK and ST good diversifiers for each other?
To a limited degree. At 0.58 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between ROK and ST?
Using weekly returns as of 2026-08-27: 0.58 over 3 years, with 0.51 over the last year and 0.57 over 5 years.
Is ST a good diversifier for ROK?
To a limited degree. At 0.58 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.58 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/rok-vs-st.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/rok-vs-st/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ROK correlations · ST correlations
