CENTA vs HNI: Correlation
Central Garden & Pet Company (CENTA) and HNI Corporation (HNI) show a moderate relationship: their 3-year correlation of weekly returns is 0.52.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CENTA and HNI?
Over the past 3 years, CENTA and HNI moved with a correlation of 0.52, which is moderate. Recent behaviour matches the longer record: 0.55 over 1 year against 0.52 over 3. Over 5 years the correlation is 0.49, and the annualized covariance of weekly returns is 501.8 %².
Among the 13 assets we track against CENTA, HNI ranks #5 by 3-year correlation. Twelve-month performance is nearly a tie, at +15.5% for CENTA and +14.3% for HNI.
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 HNI: side by side
| CENTA (Central Garden & Pet Company) | HNI (HNI Corporation) | |
|---|---|---|
| 1-year return | +15.5% | +14.3% |
| 5-year return | +10.9% | +55.8% |
| Volatility (ann.) | 28.2% | 34.5% |
| Beta vs S&P 500 | 0.42 | 0.87 |
| Max drawdown (3Y) | -35.7% | -47.1% |
| Market cap | $2.4B | $3.6B |
| P/E (trailing) | 14.2 | – |
| Dividend yield | 0.00% | 2.74% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CENTA | HNI |
|---|---|---|
| 2022 | -25.2% | -29.9% |
| 2023 | +23.0% | +53.2% |
| 2024 | -6.2% | +23.8% |
| 2025 | -11.7% | -13.9% |
| 2026 | +29.2% | +21.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CENTA and HNI good diversifiers for each other?
To a limited degree. At 0.52 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 CENTA and HNI?
As of 2026-08-27, the correlation of weekly returns between CENTA and HNI is 0.52 over 3 years, 0.55 over 1 year and 0.49 over 5 years.
Is HNI a good diversifier for CENTA?
To a limited degree. At 0.52 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 0.52 mean?
On the −1 to +1 scale, 0.52 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/centa-vs-hni.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/centa-vs-hni/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CENTA correlations · HNI correlations
