CCEP vs ROL: Correlation
Measured on weekly returns over the past three years, Coca-Cola Europacific Partners plc (CCEP) and Rollins, Inc. (ROL) carry a correlation of 0.39, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CCEP and ROL?
Over the past 3 years, CCEP and ROL moved with a correlation of 0.39, which is moderate. The past 12 months show a weaker link (0.28) than the 3-year average (0.39). Over 5 years the correlation is 0.31, and the annualized covariance of weekly returns is 176.0 %².
By 3-year correlation, ROL places #10 of the 17 assets tracked against CCEP. Their recent paths diverged sharply: over the last 12 months CCEP outperformed by 60.2 percentage points (+24.5% for CCEP against -35.7% for ROL).
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.
CCEP vs ROL: side by side
| CCEP (Coca-Cola Europacific Partners plc) | ROL (Rollins, Inc.) | |
|---|---|---|
| 1-year return | +24.5% | -35.7% |
| 5-year return | +115.3% | -1.8% |
| Volatility (ann.) | 19.3% | 23.2% |
| Beta vs S&P 500 | 0.39 | 0.51 |
| Max drawdown (3Y) | -18.2% | -44.6% |
| Market cap | $47.4B | $17.3B |
| P/E (trailing) | 21.0 | 32.7 |
| Dividend yield | 1.90% | 1.94% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | CCEP | ROL |
|---|---|---|
| 2022 | +2.3% | +8.1% |
| 2023 | +24.5% | +21.2% |
| 2024 | +18.4% | +7.6% |
| 2025 | +21.2% | +31.1% |
| 2026 | +19.6% | -39.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CCEP and ROL good diversifiers for each other?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CCEP and ROL?
As of 2026-08-27, the correlation of weekly returns between CCEP and ROL is 0.39 over 3 years, 0.28 over 1 year and 0.31 over 5 years.
Is ROL a good diversifier for CCEP?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.39 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/ccep-vs-rol.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ccep-vs-rol/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CCEP correlations · ROL correlations
