RRR vs TRT: Correlation
Measured on weekly returns over the past three years, Red Rock Resorts, Inc. (RRR) and Trio-Tech International (TRT) carry a correlation of -0.27, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RRR and TRT?
Over the past 3 years, RRR and TRT moved with a correlation of -0.27, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.37) sits close to the 3-year figure. Over 5 years the correlation is -0.09, and the annualized covariance of weekly returns is -913.1 %².
Out of 15 assets tracked against RRR, TRT lands near the bottom at #13. Their recent paths diverged sharply: over the last 12 months TRT outperformed by 299.7 percentage points (-4.2% for RRR against +295.5% for TRT). Note the risk asymmetry: TRT runs 3.4 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
RRR vs TRT: side by side
| RRR (Red Rock Resorts, Inc.) | TRT (Trio-Tech International) | |
|---|---|---|
| 1-year return | -4.2% | +295.5% |
| 5-year return | +60.9% | +365.8% |
| Volatility (ann.) | 32.0% | 107.4% |
| Beta vs S&P 500 | 0.90 | 0.18 |
| Max drawdown (3Y) | -38.6% | -54.6% |
| Market cap | $6.0B | – |
| P/E (trailing) | 20.6 | 209.6 |
| Dividend yield | 1.73% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RRR | TRT |
|---|---|---|
| 2022 | -23.7% | -66.5% |
| 2023 | +36.3% | +12.7% |
| 2024 | -10.1% | +14.6% |
| 2025 | +39.5% | +127.9% |
| 2026 | -3.5% | +58.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RRR and TRT good diversifiers for each other?
Yes: at -0.27, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between RRR and TRT?
Using weekly returns as of 2026-08-27: -0.27 over 3 years, with -0.37 over the last year and -0.09 over 5 years.
Is TRT a good diversifier for RRR?
Yes: at -0.27, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.27 mean?
A reading of -0.27 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/rrr-vs-trt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/rrr-vs-trt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: RRR correlations · TRT correlations
