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
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 500 | 0.42 | 1.14 |
| Max drawdown (3Y) | -35.7% | -27.9% |
| Market cap | $2.4B | $4.5B |
| P/E (trailing) | 14.2 | 21.1 |
| Dividend yield | 0.00% | 0.83% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CENTA | GFF |
|---|---|---|
| 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
$ curl https://www.pairbook.io/api/v1/pairs/centa-vs-gff.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/centa-vs-gff/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CENTA correlations · GFF correlations