CNTY vs MMI: Correlation
Measured on weekly returns over the past three years, Century Casinos, Inc. (CNTY) and Marcus & Millichap, Inc. (MMI) carry a correlation of 0.45, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CNTY and MMI?
Across a 3-year window, the weekly returns of CNTY and MMI correlate at 0.45, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.23 versus 0.45 over 3 years. Stretching to 5 years gives 0.50, with an annualized covariance of 824.4 %².
Within CNTY's tracked universe of 10 assets, MMI comes in at #5 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months MMI outperformed by 53.1 percentage points (-54.4% for CNTY against -1.3% for MMI). Risk is not evenly split, since CNTY carries 1.8 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 MMI: side by side
| CNTY (Century Casinos, Inc.) | MMI (Marcus & Millichap, Inc.) | |
|---|---|---|
| 1-year return | -54.4% | -1.3% |
| 5-year return | -90.7% | -11.7% |
| Volatility (ann.) | 57.5% | 31.5% |
| Beta vs S&P 500 | 1.20 | 0.84 |
| Max drawdown (3Y) | -82.3% | -41.7% |
| Market cap | – | $1.2B |
| P/E (trailing) | – | 85.9 |
| Dividend yield | 0.00% | 1.55% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CNTY | MMI |
|---|---|---|
| 2022 | -42.3% | -30.8% |
| 2023 | -30.6% | +28.8% |
| 2024 | -33.6% | -11.2% |
| 2025 | -59.0% | -27.6% |
| 2026 | -7.5% | +17.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CNTY and MMI good diversifiers for each other?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CNTY and MMI?
Using weekly returns as of 2026-08-27: 0.45 over 3 years, with 0.23 over the last year and 0.50 over 5 years.
Is MMI a good diversifier for CNTY?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.45 mean?
A reading of 0.45 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cnty-vs-mmi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cnty-vs-mmi/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CNTY correlations · MMI correlations
