CNTY vs EMR: Correlation
Century Casinos, Inc. (CNTY) and Emerson Electric (EMR) show a moderate relationship: their 3-year correlation of weekly returns is 0.48.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CNTY and EMR?
Across a 3-year window, the weekly returns of CNTY and EMR correlate at 0.48, moderate. Little has changed lately, as the 1-year reading of 0.46 lands near the 3-year figure. Stretching to 5 years gives 0.49, with an annualized covariance of 786.4 %².
EMR is one of the assets that tracks CNTY most closely: it ranks #1 out of the 10 assets we track against CNTY. Correlation aside, the last 12 months split them widely, with EMR ahead by 74.4 points (-54.4% versus +20.0%). Risk is not evenly split, since CNTY carries 2.0 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.
CNTY vs EMR: side by side
| CNTY (Century Casinos, Inc.) | EMR (Emerson Electric) | |
|---|---|---|
| 1-year return | -54.4% | +20.0% |
| 5-year return | -90.7% | +65.4% |
| Volatility (ann.) | 57.5% | 28.3% |
| Beta vs S&P 500 | 1.20 | 1.29 |
| Max drawdown (3Y) | -82.3% | -29.6% |
| Market cap | – | $88.0B |
| P/E (trailing) | – | 34.5 |
| Dividend yield | 0.00% | 1.39% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | CNTY | EMR |
|---|---|---|
| 2022 | -42.3% | +5.7% |
| 2023 | -30.6% | +3.8% |
| 2024 | -33.6% | +29.7% |
| 2025 | -59.0% | +8.9% |
| 2026 | -7.5% | +20.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CNTY and EMR good diversifiers for each other?
A fair diversifier. At 0.48, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CNTY and EMR?
The CNTY/EMR correlation stands at 0.48 on a 3-year window (1 year: 0.46, 5 years: 0.49), computed from weekly returns as of 2026-08-27.
Is EMR a good diversifier for CNTY?
A fair diversifier. At 0.48, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.48 mean?
On the −1 to +1 scale, 0.48 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/cnty-vs-emr.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/cnty-vs-emr/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CNTY correlations · EMR correlations
