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CENT vs GFF: Correlation

How closely do Central Garden & Pet Company (CENT) and Griffon Corporation (GFF) trade together? Their weekly returns over three years give a correlation of 0.52, which is moderate.

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

Correlation (3Y)
0.52
moderate
Correlation (1Y)
0.56
last 12 months
Correlation (5Y)
0.44
long-run
Ann. covariance
608.0
%² · weekly, annualized

How correlated are CENT and GFF?

Over the past 3 years, CENT and GFF moved with a correlation of 0.52, which is moderate. Recent behaviour matches the longer record: 0.56 over 1 year against 0.52 over 3. Over 5 years the correlation is 0.44, and the annualized covariance of weekly returns is 608.0 %².

In CENT's tracked universe of 12 assets, GFF sits right near the top at #2. The trailing year gives GFF the advantage: +20.8% versus +28.4%, a 7.6-point spread.

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 GFF: side by side

CENT (Central Garden & Pet Company)GFF (Griffon Corporation)
1-year return+20.8%+28.4%
5-year return+19.0%+396.8%
Volatility (ann.)29.9%38.7%
Beta vs S&P 5000.421.14
Max drawdown (3Y)-38.8%-27.9%
Market cap$2.7B$4.5B
P/E (trailing)16.421.1
Dividend yield0.00%0.83%
Sector / categoryUS ListedUS Listed
Lower P/E: CENT 16.4 vs 21.1Higher yield: GFF 0.83% vs 0.00%Smaller drawdown: GFF -27.9% vs -38.8%Higher 5y return: GFF +396.8% vs +19.0%
-21%0%+33%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). CENT · GFF

Year-by-year returns

YearCENTGFF
2022-28.8%+36.9%
2023+33.8%+84.0%
2024-1.1%+18.0%
2025-17.1%+4.4%
2026+35.9%+35.4%

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

Are CENT and GFF good diversifiers for each other?

Only partially. A correlation of 0.52 means CENT and GFF 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 CENT and GFF?

Using weekly returns as of 2026-08-27: 0.52 over 3 years, with 0.56 over the last year and 0.44 over 5 years.

Is GFF a good diversifier for CENT?

Only partially. A correlation of 0.52 means CENT and GFF share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.

What does a correlation of 0.52 mean?

A reading of 0.52 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-gff.json

CENT vs GFF: 3-year weekly correlation 0.52CENT vs GFF0.52

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[![CENT vs GFF correlation](https://www.pairbook.io/api/v1/badge/cent-vs-gff.svg)](https://www.pairbook.io/pair/cent-vs-gff/)

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Related comparisons

Hubs: CENT correlations · GFF correlations