CBRL vs PLAY: Correlation
How closely do Cracker Barrel Old Country Store, Inc. (CBRL) and Dave & Buster's Entertainment, Inc. (PLAY) trade together? Their weekly returns over three years give a correlation of 0.48, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CBRL and PLAY?
Across a 3-year window, the weekly returns of CBRL and PLAY correlate at 0.48, moderate. Little has changed lately, as the 1-year reading of 0.54 lands near the 3-year figure. Stretching to 5 years gives 0.50, with an annualized covariance of 1684.2 %².
Within CBRL's tracked universe of 14 assets, PLAY comes in at #6 by 3-year correlation. Correlation aside, the last 12 months split them widely, with CBRL ahead by 54.6 points (-9.3% versus -63.9%).
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.
CBRL vs PLAY: side by side
| CBRL (Cracker Barrel Old Country Store, Inc.) | PLAY (Dave & Buster's Entertainment, Inc.) | |
|---|---|---|
| 1-year return | -9.3% | -63.9% |
| 5-year return | -52.2% | -74.8% |
| Volatility (ann.) | 55.0% | 63.8% |
| Beta vs S&P 500 | 0.96 | 1.25 |
| Max drawdown (3Y) | -68.0% | -86.6% |
| Market cap | $1.2B | $0.3B |
| P/E (trailing) | 51.0 | – |
| Dividend yield | 1.71% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CBRL | PLAY |
|---|---|---|
| 2022 | -22.7% | -7.7% |
| 2023 | -14.0% | +51.9% |
| 2024 | -27.9% | -45.8% |
| 2025 | -50.9% | -44.5% |
| 2026 | +121.2% | -43.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CBRL and PLAY good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.48 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CBRL and PLAY?
As of 2026-08-27, the correlation of weekly returns between CBRL and PLAY is 0.48 over 3 years, 0.54 over 1 year and 0.50 over 5 years.
Is PLAY a good diversifier for CBRL?
Yes, to a useful degree: a correlation of 0.48 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.48 mean?
A reading of 0.48 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/cbrl-vs-play.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/cbrl-vs-play/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CBRL correlations · PLAY correlations
