CENT vs MCFT: Correlation
Measured on weekly returns over the past three years, Central Garden & Pet Company (CENT) and MasterCraft Boat Holdings, Inc. (MCFT) carry a correlation of 0.51, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CENT and MCFT?
Over the past 3 years, CENT and MCFT moved with a correlation of 0.51, which is moderate. The relationship has been stable: the 1-year correlation (0.59) sits close to the 3-year figure. Over 5 years the correlation is 0.47, and the annualized covariance of weekly returns is 600.1 %².
MCFT is one of the assets that tracks CENT most closely: it ranks #3 out of the 12 assets we track against CENT. Correlation aside, the last 12 months split them widely, with CENT ahead by 15.2 points (+20.8% versus +5.6%).
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 MCFT: side by side
| CENT (Central Garden & Pet Company) | MCFT (MasterCraft Boat Holdings, Inc.) | |
|---|---|---|
| 1-year return | +20.8% | +5.6% |
| 5-year return | +19.0% | -7.0% |
| Volatility (ann.) | 29.9% | 39.1% |
| Beta vs S&P 500 | 0.42 | 1.03 |
| Max drawdown (3Y) | -38.8% | -41.1% |
| Market cap | $2.7B | $0.6B |
| P/E (trailing) | 16.4 | 36.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CENT | MCFT |
|---|---|---|
| 2022 | -28.8% | -8.7% |
| 2023 | +33.8% | -12.5% |
| 2024 | -1.1% | -15.8% |
| 2025 | -17.1% | -0.8% |
| 2026 | +35.9% | +27.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CENT and MCFT good diversifiers for each other?
To a limited degree. At 0.51 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between CENT and MCFT?
As of 2026-08-27, the correlation of weekly returns between CENT and MCFT is 0.51 over 3 years, 0.59 over 1 year and 0.47 over 5 years.
Is MCFT a good diversifier for CENT?
To a limited degree. At 0.51 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
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/cent-vs-mcft.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/cent-vs-mcft/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CENT correlations · MCFT correlations
