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CTRI vs ECVT: Correlation

Centuri Holdings, Inc. (CTRI) and Ecovyst Inc. (ECVT) show a moderate relationship: their 3-year correlation of weekly returns is 0.46.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.46
moderate
Correlation (1Y)
0.53
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
896.8
%² · weekly, annualized

How correlated are CTRI and ECVT?

On 3 years of weekly data the CTRI/ECVT correlation comes out at 0.46, moderate. The relationship has been stable: the 1-year correlation (0.53) sits close to the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at 896.8 %².

In CTRI's tracked universe of 14 assets, ECVT sits right near the top at #3. On 12-month performance ECVT holds a 8.0-point edge, +3.5% against +11.5%.

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.

CTRI vs ECVT: side by side

CTRI (Centuri Holdings, Inc.)ECVT (Ecovyst Inc.)
1-year return+3.5%+11.5%
5-year returnn/a-23.2%
Volatility (ann.)48.1%39.7%
Beta vs S&P 5000.970.82
Max drawdown (3Y)-50.3%-52.2%
Market cap$2.1B$1.1B
P/E (trailing)64.044.1
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Lower P/E: ECVT 44.1 vs 64.0Smaller drawdown: CTRI -50.3% vs -52.2%
-10%0%+82%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). CTRI · ECVT

Year-by-year returns

YearCTRIECVT
2022-13.5%
2023+10.3%
2024-21.8%
2025+30.8%+27.4%
2026-16.4%+4.3%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are CTRI and ECVT good diversifiers for each other?

A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between CTRI and ECVT?

As of 2026-08-27, the correlation of weekly returns between CTRI and ECVT is 0.46 over 3 years, 0.53 over 1 year and n/a over 5 years.

Is ECVT a good diversifier for CTRI?

A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.46 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/ctri-vs-ecvt.json

CTRI vs ECVT: 3-year weekly correlation 0.46CTRI vs ECVT0.46

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Related comparisons

Hubs: CTRI correlations · ECVT correlations