TKR vs WYNN: Correlation
How closely do Timken Company (The) (TKR) and Wynn Resorts (WYNN) trade together? Their weekly returns over three years give a correlation of 0.44, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TKR and WYNN?
Across a 3-year window, the weekly returns of TKR and WYNN correlate at 0.44, moderate. Little has changed lately, as the 1-year reading of 0.39 lands near the 3-year figure. Stretching to 5 years gives 0.44, with an annualized covariance of 413.5 %².
Within TKR's tracked universe of 32 assets, WYNN comes in at #27 by 3-year correlation. Correlation aside, the last 12 months split them widely, with TKR ahead by 83.1 points (+59.8% versus -23.3%).
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.
TKR vs WYNN: side by side
| TKR (Timken Company (The)) | WYNN (Wynn Resorts) | |
|---|---|---|
| 1-year return | +59.8% | -23.3% |
| 5-year return | +80.3% | -2.9% |
| Volatility (ann.) | 27.4% | 34.7% |
| Beta vs S&P 500 | 0.98 | 0.88 |
| Max drawdown (3Y) | -37.6% | -37.8% |
| Market cap | $8.6B | $9.6B |
| P/E (trailing) | 33.7 | 22.4 |
| Dividend yield | 1.12% | 1.03% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | TKR | WYNN |
|---|---|---|
| 2022 | +3.9% | -3.0% |
| 2023 | +15.4% | +11.3% |
| 2024 | -9.5% | -4.4% |
| 2025 | +20.0% | +41.0% |
| 2026 | +49.4% | -21.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TKR and WYNN good diversifiers for each other?
Reasonably. At 0.44, TKR and WYNN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between TKR and WYNN?
As of 2026-08-27, the correlation of weekly returns between TKR and WYNN is 0.44 over 3 years, 0.39 over 1 year and 0.44 over 5 years.
Is WYNN a good diversifier for TKR?
Reasonably. At 0.44, TKR and WYNN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.44 mean?
A reading of 0.44 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/tkr-vs-wynn.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/tkr-vs-wynn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: TKR correlations · WYNN correlations
