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CET vs ROL: Correlation

Central Securities Corporation (CET) and Rollins, Inc. (ROL) show a moderate relationship: their 3-year correlation of weekly returns is 0.40.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.40
moderate
Correlation (1Y)
0.40
last 12 months
Correlation (5Y)
0.42
long-run
Ann. covariance
118.8
%² · weekly, annualized

How correlated are CET and ROL?

Across a 3-year window, the weekly returns of CET and ROL correlate at 0.40, moderate. Little has changed lately, as the 1-year reading of 0.40 lands near the 3-year figure. Stretching to 5 years gives 0.42, with an annualized covariance of 118.8 %².

By 3-year correlation, ROL places #33 of the 38 assets tracked against CET. Their recent paths diverged sharply: over the last 12 months CET outperformed by 51.4 percentage points (+15.7% for CET against -35.7% for ROL). One caveat on sizing: ROL is 1.8 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.

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 ROL: side by side

CET (Central Securities Corporation)ROL (Rollins, Inc.)
1-year return+15.7%-35.7%
5-year return+73.3%-1.8%
Volatility (ann.)12.8%23.2%
Beta vs S&P 5000.780.51
Max drawdown (3Y)-15.4%-44.6%
Market cap$17.3B
P/E (trailing)7.332.7
Dividend yield5.03%1.94%
Sector / categoryUS ListedIndustrials
Lower P/E: CET 7.3 vs 32.7Higher yield: CET 5.03% vs 1.94%Smaller drawdown: CET -15.4% vs -44.6%Higher 5y return: CET +73.3% vs -1.8%
-36%0%+17%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. CET · ROL

Year-by-year returns

YearCETROL
2022-19.7%+8.1%
2023+19.2%+21.2%
2024+26.8%+7.6%
2025+17.2%+31.1%
2026+8.3%-39.4%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are CET and ROL good diversifiers for each other?

A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between CET and ROL?

The CET/ROL correlation stands at 0.40 on a 3-year window (1 year: 0.40, 5 years: 0.42), computed from weekly returns as of 2026-08-27.

Is ROL a good diversifier for CET?

A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.40 mean?

Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.

Use this data

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/cet-vs-rol.json

CET vs ROL: 3-year weekly correlation 0.40CET vs ROL0.40

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Related comparisons

Hubs: CET correlations · ROL correlations