TRT vs WSBC: Correlation
Trio-Tech International (TRT) and WesBanco, Inc. (WSBC) show a negative relationship: their 3-year correlation of weekly returns is -0.20.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TRT and WSBC?
On 3 years of weekly data the TRT/WSBC correlation comes out at -0.20, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.44) runs below the 3-year figure (-0.20). The 5-year figure is -0.10, and annualized covariance runs at -607.7 %².
Within TRT's tracked universe of 104 assets, WSBC comes in at #47 by 3-year correlation. Correlation aside, the last 12 months split them widely, with TRT ahead by 266.9 points (+295.5% versus +28.6%). Note the risk asymmetry: TRT runs 3.8 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.
TRT vs WSBC: side by side
| TRT (Trio-Tech International) | WSBC (WesBanco, Inc.) | |
|---|---|---|
| 1-year return | +295.5% | +28.6% |
| 5-year return | +365.8% | +48.2% |
| Volatility (ann.) | 107.4% | 28.3% |
| Beta vs S&P 500 | 0.18 | 0.77 |
| Max drawdown (3Y) | -54.6% | -26.9% |
| Market cap | – | $3.9B |
| P/E (trailing) | 209.6 | 11.5 |
| Dividend yield | 0.00% | 3.73% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | TRT | WSBC |
|---|---|---|
| 2022 | -66.5% | +9.9% |
| 2023 | +12.7% | -10.9% |
| 2024 | +14.6% | +8.8% |
| 2025 | +127.9% | +7.0% |
| 2026 | +58.3% | +24.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TRT and WSBC good diversifiers for each other?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between TRT and WSBC?
As of 2026-08-27, the correlation of weekly returns between TRT and WSBC is -0.20 over 3 years, -0.44 over 1 year and -0.10 over 5 years.
Is WSBC a good diversifier for TRT?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.20 mean?
On the −1 to +1 scale, -0.20 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/trt-vs-wsbc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/trt-vs-wsbc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: TRT correlations · WSBC correlations
