CENTA vs USGO: Correlation
Measured on weekly returns over the past three years, Central Garden & Pet Company (CENTA) and U.S. GoldMining Inc. (USGO) carry a correlation of -0.21, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CENTA and USGO?
On 3 years of weekly data the CENTA/USGO correlation comes out at -0.21, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.19 lands near the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at -495.7 %².
Out of 13 assets tracked against CENTA, USGO lands near the bottom at #10. Neither side won the trailing year by much: +15.5% against +12.0%. Note the risk asymmetry: USGO runs 3.0 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 USGO: side by side
| CENTA (Central Garden & Pet Company) | USGO (U.S. GoldMining Inc.) | |
|---|---|---|
| 1-year return | +15.5% | +12.0% |
| 5-year return | +10.9% | n/a |
| Volatility (ann.) | 28.2% | 85.5% |
| Beta vs S&P 500 | 0.42 | 1.08 |
| Max drawdown (3Y) | -35.7% | -53.7% |
| Market cap | $2.4B | $0.1B |
| P/E (trailing) | 14.2 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CENTA | USGO |
|---|---|---|
| 2022 | -25.2% | – |
| 2023 | +23.0% | – |
| 2024 | -6.2% | +17.9% |
| 2025 | -11.7% | +2.4% |
| 2026 | +29.2% | +10.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CENTA and USGO good diversifiers for each other?
Yes. With a correlation of -0.21, CENTA and USGO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between CENTA and USGO?
The CENTA/USGO correlation stands at -0.21 on a 3-year window (1 year: -0.19, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is USGO a good diversifier for CENTA?
Yes. With a correlation of -0.21, CENTA and USGO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.21 mean?
A reading of -0.21 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-usgo.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/centa-vs-usgo/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CENTA correlations · USGO correlations
