SXI vs TWIN: Correlation
Standex International Corporation (SXI) and Twin Disc, Incorporated (TWIN) show a moderate relationship: their 3-year correlation of weekly returns is 0.44.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SXI and TWIN?
Across a 3-year window, the weekly returns of SXI and TWIN correlate at 0.44, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.59 versus 0.44 over 3 years. Stretching to 5 years gives 0.34, with an annualized covariance of 738.3 %².
TWIN is close to the least connected end of SXI's tracked universe, ranking #8 of 12. The last year tells two different stories: TWIN led by 41.7 percentage points, +44.5% for SXI against +86.2% for TWIN. Note the risk asymmetry: TWIN runs 1.5 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.
SXI vs TWIN: side by side
| SXI (Standex International Corporation) | TWIN (Twin Disc, Incorporated) | |
|---|---|---|
| 1-year return | +44.5% | +86.2% |
| 5-year return | +218.6% | +98.7% |
| Volatility (ann.) | 33.0% | 50.6% |
| Beta vs S&P 500 | 1.04 | 0.83 |
| Max drawdown (3Y) | -38.0% | -64.4% |
| Market cap | $3.7B | $0.3B |
| P/E (trailing) | 35.2 | 12.6 |
| Dividend yield | 0.44% | 0.68% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SXI | TWIN |
|---|---|---|
| 2022 | -6.5% | -11.3% |
| 2023 | +56.0% | +66.7% |
| 2024 | +18.9% | -26.4% |
| 2025 | +17.0% | +44.4% |
| 2026 | +40.0% | +41.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SXI and TWIN good diversifiers for each other?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between SXI and TWIN?
The SXI/TWIN correlation stands at 0.44 on a 3-year window (1 year: 0.59, 5 years: 0.34), computed from weekly returns as of 2026-08-27.
Is TWIN a good diversifier for SXI?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.44 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/sxi-vs-twin.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/sxi-vs-twin/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: SXI correlations · TWIN correlations
