CET vs DIS: Correlation
How closely do Central Securities Corporation (CET) and Walt Disney Company (The) (DIS) trade together? Their weekly returns over three years give a correlation of 0.52, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CET and DIS?
Over the past 3 years, CET and DIS moved with a correlation of 0.52, which is moderate. Recent behaviour matches the longer record: 0.59 over 1 year against 0.52 over 3. Over 5 years the correlation is 0.58, and the annualized covariance of weekly returns is 182.6 %².
Within CET's tracked universe of 38 assets, DIS comes in at #19 by 3-year correlation. The last year tells two different stories: CET led by 23.9 percentage points, +15.7% for CET against -8.2% for DIS. Risk is not evenly split, since DIS carries 2.2 times the volatility of the other side.
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.
CET vs DIS: side by side
| CET (Central Securities Corporation) | DIS (Walt Disney Company (The)) | |
|---|---|---|
| 1-year return | +15.7% | -8.2% |
| 5-year return | +73.3% | -38.8% |
| Volatility (ann.) | 12.8% | 27.7% |
| Beta vs S&P 500 | 0.78 | 0.96 |
| Max drawdown (3Y) | -15.4% | -32.9% |
| Market cap | – | $184.4B |
| P/E (trailing) | 7.3 | 22.6 |
| Dividend yield | 5.03% | 1.37% |
| Sector / category | US Listed | Communication Services |
Year-by-year returns
| Year | CET | DIS |
|---|---|---|
| 2022 | -19.7% | -43.9% |
| 2023 | +19.2% | +4.3% |
| 2024 | +26.8% | +24.4% |
| 2025 | +17.2% | +3.3% |
| 2026 | +8.3% | -5.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CET and DIS 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 CET and DIS?
The CET/DIS correlation stands at 0.52 on a 3-year window (1 year: 0.59, 5 years: 0.58), computed from weekly returns as of 2026-08-27.
Is DIS a good diversifier for CET?
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/cet-vs-dis.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cet-vs-dis/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CET correlations · DIS correlations
