CPHC vs SNDA: Correlation
How closely do Canterbury Park Holding Corporation (CPHC) and Sonida Senior Living, Inc. (SNDA) trade together? Their weekly returns over three years give a correlation of -0.22, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CPHC and SNDA?
Over the past 3 years, CPHC and SNDA moved with a correlation of -0.22, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.07 versus -0.22 over 3 years. Over 5 years the correlation is -0.13, and the annualized covariance of weekly returns is -383.1 %².
Among the 13 assets we track against CPHC, SNDA sits near the bottom by co-movement, at rank #10. Their recent paths diverged sharply: over the last 12 months SNDA outperformed by 52.3 percentage points (-3.3% for CPHC against +49.0% for SNDA). Risk is not evenly split, since SNDA carries 2.2 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.
CPHC vs SNDA: side by side
| CPHC (Canterbury Park Holding Corporation) | SNDA (Sonida Senior Living, Inc.) | |
|---|---|---|
| 1-year return | -3.3% | +49.0% |
| 5-year return | +6.8% | +6.6% |
| Volatility (ann.) | 28.1% | 61.1% |
| Beta vs S&P 500 | 0.10 | 0.66 |
| Max drawdown (3Y) | -48.8% | -41.0% |
| Market cap | $0.1B | $1.9B |
| P/E (trailing) | 793.5 | – |
| Dividend yield | 1.76% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CPHC | SNDA |
|---|---|---|
| 2022 | +83.8% | -56.1% |
| 2023 | -33.8% | -22.7% |
| 2024 | +1.7% | +138.9% |
| 2025 | -23.6% | +41.3% |
| 2026 | +4.0% | +19.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CPHC and SNDA good diversifiers for each other?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CPHC and SNDA?
Using weekly returns as of 2026-08-27: -0.22 over 3 years, with -0.07 over the last year and -0.13 over 5 years.
Is SNDA a good diversifier for CPHC?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.22 mean?
On the −1 to +1 scale, -0.22 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/cphc-vs-snda.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cphc-vs-snda/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CPHC correlations · SNDA correlations
