CET vs V: Correlation
Central Securities Corporation (CET) and Visa Inc. (V) show a moderate relationship: their 3-year correlation of weekly returns is 0.56.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CET and V?
On 3 years of weekly data the CET/V correlation comes out at 0.56, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.37 versus 0.56 over 3 years. The 5-year figure is 0.56, and annualized covariance runs at 137.4 %².
Within CET's tracked universe of 38 assets, V comes in at #15 by 3-year correlation. On 12-month performance CET holds a 6.5-point edge, +15.7% against +9.2%.
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 V: side by side
| CET (Central Securities Corporation) | V (Visa Inc.) | |
|---|---|---|
| 1-year return | +15.7% | +9.2% |
| 5-year return | +73.3% | +70.5% |
| Volatility (ann.) | 12.8% | 19.1% |
| Beta vs S&P 500 | 0.78 | 0.72 |
| Max drawdown (3Y) | -15.4% | -20.4% |
| Market cap | – | $708.8B |
| P/E (trailing) | 7.3 | 32.7 |
| Dividend yield | 5.03% | 0.70% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | CET | V |
|---|---|---|
| 2022 | -19.7% | -3.4% |
| 2023 | +19.2% | +26.3% |
| 2024 | +26.8% | +22.3% |
| 2025 | +17.2% | +11.8% |
| 2026 | +8.3% | +8.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CET and V good diversifiers for each other?
Somewhat, no more. With 0.56 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between CET and V?
The CET/V correlation stands at 0.56 on a 3-year window (1 year: 0.37, 5 years: 0.56), computed from weekly returns as of 2026-08-27.
Is V a good diversifier for CET?
Somewhat, no more. With 0.56 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.56 mean?
On the −1 to +1 scale, 0.56 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.
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Related comparisons
Hubs: CET correlations · V correlations
