CTRI vs EME: Correlation
Measured on weekly returns over the past three years, Centuri Holdings, Inc. (CTRI) and Emcor (EME) carry a correlation of 0.47, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CTRI and EME?
On 3 years of weekly data the CTRI/EME correlation comes out at 0.47, moderate. The relationship has been stable: the 1-year correlation (0.39) sits close to the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at 799.7 %².
In CTRI's tracked universe of 14 assets, EME sits right near the top at #2. Their recent paths diverged sharply: over the last 12 months EME outperformed by 21.0 percentage points (+3.5% for CTRI against +24.5% for EME).
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 EME: side by side
| CTRI (Centuri Holdings, Inc.) | EME (Emcor) | |
|---|---|---|
| 1-year return | +3.5% | +24.5% |
| 5-year return | n/a | +540.3% |
| Volatility (ann.) | 48.1% | 34.9% |
| Beta vs S&P 500 | 0.97 | 1.31 |
| Max drawdown (3Y) | -50.3% | -36.2% |
| Market cap | $2.1B | $34.2B |
| P/E (trailing) | 64.0 | 23.8 |
| Dividend yield | 0.00% | 0.09% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | CTRI | EME |
|---|---|---|
| 2022 | – | +16.8% |
| 2023 | – | +46.0% |
| 2024 | – | +111.3% |
| 2025 | +30.8% | +35.1% |
| 2026 | -16.4% | +26.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CTRI and EME good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CTRI and EME?
Using weekly returns as of 2026-08-27: 0.47 over 3 years, with 0.39 over the last year and n/a over 5 years.
Is EME a good diversifier for CTRI?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.47 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/ctri-vs-eme.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ctri-vs-eme/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CTRI correlations · EME correlations
