CMCT vs UNF: Correlation
Creative Media (CMCT) and Unifirst Corporation (UNF) show a moderate relationship: their 3-year correlation of weekly returns is 0.49.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CMCT and UNF?
Over the past 3 years, CMCT and UNF moved with a correlation of 0.49, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.19 versus 0.49 over 3 years. Over 5 years the correlation is 0.43, and the annualized covariance of weekly returns is 5095.6 %².
Among the 25 assets we track against CMCT, UNF ranks #9 by 3-year correlation. Correlation aside, the last 12 months split them widely, with UNF ahead by 161.7 points (-99.4% versus +62.3%). Risk is not evenly split, since CMCT carries 9.0 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.
CMCT vs UNF: side by side
| CMCT (Creative Media) | UNF (Unifirst Corporation) | |
|---|---|---|
| 1-year return | -99.4% | +62.3% |
| 5-year return | -100.0% | +28.9% |
| Volatility (ann.) | 305.8% | 33.8% |
| Beta vs S&P 500 | 1.22 | 0.52 |
| Max drawdown (3Y) | -100.0% | -34.6% |
| Market cap | – | $5.2B |
| P/E (trailing) | – | 45.4 |
| Dividend yield | 0.00% | 0.50% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CMCT | UNF |
|---|---|---|
| 2022 | -29.7% | -7.6% |
| 2023 | -18.2% | -4.6% |
| 2024 | -93.3% | -5.7% |
| 2025 | -35.5% | +13.6% |
| 2026 | -98.9% | +48.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CMCT and UNF good diversifiers for each other?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CMCT and UNF?
Using weekly returns as of 2026-08-27: 0.49 over 3 years, with 0.19 over the last year and 0.43 over 5 years.
Is UNF a good diversifier for CMCT?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.49 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
$ curl https://www.pairbook.io/api/v1/pairs/cmct-vs-unf.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cmct-vs-unf/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CMCT correlations · UNF correlations
