CENTA vs MCFT: Correlation
Central Garden & Pet Company (CENTA) and MasterCraft Boat Holdings, Inc. (MCFT) show a moderate relationship: their 3-year correlation of weekly returns is 0.53.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CENTA and MCFT?
On 3 years of weekly data the CENTA/MCFT correlation comes out at 0.53, moderate. Recent behaviour matches the longer record: 0.61 over 1 year against 0.53 over 3. The 5-year figure is 0.48, and annualized covariance runs at 586.3 %².
In CENTA's tracked universe of 13 assets, MCFT sits right near the top at #3. On 12-month performance CENTA holds a 9.9-point edge, +15.5% against +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.
CENTA vs MCFT: side by side
| CENTA (Central Garden & Pet Company) | MCFT (MasterCraft Boat Holdings, Inc.) | |
|---|---|---|
| 1-year return | +15.5% | +5.6% |
| 5-year return | +10.9% | -7.0% |
| Volatility (ann.) | 28.2% | 39.1% |
| Beta vs S&P 500 | 0.42 | 1.03 |
| Max drawdown (3Y) | -35.7% | -41.1% |
| Market cap | $2.4B | $0.6B |
| P/E (trailing) | 14.2 | 36.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CENTA | MCFT |
|---|---|---|
| 2022 | -25.2% | -8.7% |
| 2023 | +23.0% | -12.5% |
| 2024 | -6.2% | -15.8% |
| 2025 | -11.7% | -0.8% |
| 2026 | +29.2% | +27.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CENTA and MCFT good diversifiers for each other?
Only partially. A correlation of 0.53 means CENTA and MCFT 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 MCFT?
As of 2026-08-27, the correlation of weekly returns between CENTA and MCFT is 0.53 over 3 years, 0.61 over 1 year and 0.48 over 5 years.
Is MCFT a good diversifier for CENTA?
Only partially. A correlation of 0.53 means CENTA and MCFT share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.53 mean?
On the −1 to +1 scale, 0.53 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-mcft.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/centa-vs-mcft/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CENTA correlations · MCFT correlations
