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CENT vs CENTA: Correlation

How closely do Central Garden & Pet Company (CENT) and Central Garden & Pet Company (CENTA) trade together? Their weekly returns over three years give a correlation of 0.98, which is very strong.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.98
very strong
Correlation (1Y)
0.99
last 12 months
Correlation (5Y)
0.98
long-run
Ann. covariance
828.9
%² · weekly, annualized

How correlated are CENT and CENTA?

On 3 years of weekly data the CENT/CENTA correlation comes out at 0.98, very strong, meaning they move nearly in lockstep. Recent behaviour matches the longer record: 0.99 over 1 year against 0.98 over 3. The 5-year figure is 0.98, and annualized covariance runs at 828.9 %².

In CENT's tracked universe of 12 assets, CENTA sits right near the top at #1. Over the last 12 months CENT came out ahead by 5.3 percentage points (+20.8% against +15.5%).

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.

CENT vs CENTA: side by side

CENT (Central Garden & Pet Company)CENTA (Central Garden & Pet Company)
1-year return+20.8%+15.5%
5-year return+19.0%+10.9%
Volatility (ann.)29.9%28.2%
Beta vs S&P 5000.420.42
Max drawdown (3Y)-38.8%-35.7%
Market cap$2.7B$2.4B
P/E (trailing)16.414.2
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Lower P/E: CENTA 14.2 vs 16.4Smaller drawdown: CENTA -35.7% vs -38.8%Higher 5y return: CENT +19.0% vs +10.9%
-22%0%+19%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). CENT · CENTA

Year-by-year returns

YearCENTCENTA
2022-28.8%-25.2%
2023+33.8%+23.0%
2024-1.1%-6.2%
2025-17.1%-11.7%
2026+35.9%+29.2%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are CENT and CENTA good diversifiers for each other?

No. With a correlation of 0.98, CENT and CENTA move nearly in lockstep, so holding both adds very little diversification.

FAQ

What is the correlation between CENT and CENTA?

The CENT/CENTA correlation stands at 0.98 on a 3-year window (1 year: 0.99, 5 years: 0.98), computed from weekly returns as of 2026-08-27.

Is CENTA a good diversifier for CENT?

No. With a correlation of 0.98, CENT and CENTA move nearly in lockstep, so holding both adds very little diversification.

What does a correlation of 0.98 mean?

A reading of 0.98 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/cent-vs-centa.json

CENT vs CENTA: 3-year weekly correlation 0.98CENT vs CENTA0.98

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Related comparisons

Hubs: CENT correlations · CENTA correlations