ABNB vs CET: Correlation
Airbnb (ABNB) and Central Securities Corporation (CET) show a moderate relationship: their 3-year correlation of weekly returns is 0.51.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABNB and CET?
Over the past 3 years, ABNB and CET moved with a correlation of 0.51, which is moderate. The relationship has been stable: the 1-year correlation (0.51) sits close to the 3-year figure. Over 5 years the correlation is 0.50, and the annualized covariance of weekly returns is 228.5 %².
By 3-year correlation, CET places #13 of the 32 assets tracked against ABNB. Correlation aside, the last 12 months split them widely, with ABNB ahead by 26.3 points (+42.0% versus +15.7%). Note the risk asymmetry: ABNB runs 2.8 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.
ABNB vs CET: side by side
| ABNB (Airbnb) | CET (Central Securities Corporation) | |
|---|---|---|
| 1-year return | +42.0% | +15.7% |
| 5-year return | +18.2% | +73.3% |
| Volatility (ann.) | 35.2% | 12.8% |
| Beta vs S&P 500 | 1.28 | 0.78 |
| Max drawdown (3Y) | -37.2% | -15.4% |
| Market cap | $110.4B | – |
| P/E (trailing) | 42.9 | 7.3 |
| Dividend yield | 0.00% | 5.03% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | ABNB | CET |
|---|---|---|
| 2022 | -48.6% | -19.7% |
| 2023 | +59.2% | +19.2% |
| 2024 | -3.5% | +26.8% |
| 2025 | +3.3% | +17.2% |
| 2026 | +35.9% | +8.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABNB and CET good diversifiers for each other?
Only partially. A correlation of 0.51 means ABNB and CET share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between ABNB and CET?
Using weekly returns as of 2026-08-27: 0.51 over 3 years, with 0.51 over the last year and 0.50 over 5 years.
Is CET a good diversifier for ABNB?
Only partially. A correlation of 0.51 means ABNB and CET share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.51 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/abnb-vs-cet.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/abnb-vs-cet/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ABNB correlations · CET correlations
