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CENTA vs GFF: Correlation

Central Garden & Pet Company (CENTA) and Griffon Corporation (GFF) show a moderate relationship: their 3-year correlation of weekly returns is 0.55.

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

Correlation (3Y)
0.55
moderate
Correlation (1Y)
0.59
last 12 months
Correlation (5Y)
0.45
long-run
Ann. covariance
595.0
%² · weekly, annualized

How correlated are CENTA and GFF?

Over the past 3 years, CENTA and GFF moved with a correlation of 0.55, which is moderate. Recent behaviour matches the longer record: 0.59 over 1 year against 0.55 over 3. Over 5 years the correlation is 0.45, and the annualized covariance of weekly returns is 595.0 %².

GFF is one of the assets that tracks CENTA most closely: it ranks #2 out of the 13 assets we track against CENTA. Over the last 12 months GFF came out ahead by 12.9 percentage points (+15.5% against +28.4%).

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.

CENTA vs GFF: side by side

CENTA (Central Garden & Pet Company)GFF (Griffon Corporation)
1-year return+15.5%+28.4%
5-year return+10.9%+396.8%
Volatility (ann.)28.2%38.7%
Beta vs S&P 5000.421.14
Max drawdown (3Y)-35.7%-27.9%
Market cap$2.4B$4.5B
P/E (trailing)14.221.1
Dividend yield0.00%0.83%
Sector / categoryUS ListedUS Listed
Lower P/E: CENTA 14.2 vs 21.1Higher yield: GFF 0.83% vs 0.00%Smaller drawdown: GFF -27.9% vs -35.7%Higher 5y return: GFF +396.8% vs +10.9%
-22%0%+33%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). CENTA · GFF

Year-by-year returns

YearCENTAGFF
2022-25.2%+36.9%
2023+23.0%+84.0%
2024-6.2%+18.0%
2025-11.7%+4.4%
2026+29.2%+35.4%

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

Are CENTA and GFF good diversifiers for each other?

Only partially. A correlation of 0.55 means CENTA 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 CENTA and GFF?

The CENTA/GFF correlation stands at 0.55 on a 3-year window (1 year: 0.59, 5 years: 0.45), computed from weekly returns as of 2026-08-27.

Is GFF a good diversifier for CENTA?

Only partially. A correlation of 0.55 means CENTA 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 0.55 mean?

A reading of 0.55 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

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$ curl https://www.pairbook.io/api/v1/pairs/centa-vs-gff.json

CENTA vs GFF: 3-year weekly correlation 0.55CENTA vs GFF0.55

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Related comparisons

Hubs: CENTA correlations · GFF correlations