SLSR vs TECK: Correlation
Solaris Resources Inc. (SLSR) and Teck Resources Ltd (TECK) show a moderate relationship: their 3-year correlation of weekly returns is 0.47.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SLSR and TECK?
Over the past 3 years, SLSR and TECK moved with a correlation of 0.47, which is moderate. The relationship has been stable: the 1-year correlation (0.54) sits close to the 3-year figure. Over 5 years the correlation is 0.49, and the annualized covariance of weekly returns is 1206.9 %².
Among the 10 assets we track against SLSR, TECK ranks #5 by 3-year correlation. The last year tells two different stories: TECK led by 55.7 percentage points, +59.7% for SLSR against +115.4% for TECK. One caveat on sizing: SLSR is 1.6 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
SLSR vs TECK: side by side
| SLSR (Solaris Resources Inc.) | TECK (Teck Resources Ltd) | |
|---|---|---|
| 1-year return | +59.7% | +115.4% |
| 5-year return | -4.4% | +233.4% |
| Volatility (ann.) | 63.0% | 40.4% |
| Beta vs S&P 500 | 1.40 | 1.47 |
| Max drawdown (3Y) | -56.9% | -46.1% |
| Market cap | $1.5B | $34.6B |
| P/E (trailing) | – | 19.3 |
| Dividend yield | 0.00% | 0.70% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SLSR | TECK |
|---|---|---|
| 2022 | -65.7% | +33.8% |
| 2023 | -33.7% | +14.0% |
| 2024 | +1.8% | -2.6% |
| 2025 | +156.7% | +19.0% |
| 2026 | +11.8% | +47.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SLSR and TECK good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between SLSR and TECK?
The SLSR/TECK correlation stands at 0.47 on a 3-year window (1 year: 0.54, 5 years: 0.49), computed from weekly returns as of 2026-08-27.
Is TECK a good diversifier for SLSR?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.47 mean?
On the −1 to +1 scale, 0.47 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/slsr-vs-teck.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/slsr-vs-teck/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: SLSR correlations · TECK correlations
