CWST vs INTJ: Correlation
Casella Waste Systems, Inc. (CWST) and Intelligent Group Limited - Class A (INTJ) show a negative relationship: their 3-year correlation of weekly returns is -0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CWST and INTJ?
On 3 years of weekly data the CWST/INTJ correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.45 versus -0.22 over 3 years. The 5-year figure is n/a, and annualized covariance runs at -568.9 %².
Out of 11 assets tracked against CWST, INTJ lands near the bottom at #10. Their recent paths diverged sharply: over the last 12 months CWST outperformed by 61.2 percentage points (-7.1% for CWST against -68.3% for INTJ). Risk is not evenly split, since INTJ carries 3.5 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.
CWST vs INTJ: side by side
| CWST (Casella Waste Systems, Inc.) | INTJ (Intelligent Group Limited - Class A) | |
|---|---|---|
| 1-year return | -7.1% | -68.3% |
| 5-year return | +25.0% | n/a |
| Volatility (ann.) | 26.7% | 93.5% |
| Beta vs S&P 500 | 0.40 | 1.29 |
| Max drawdown (3Y) | -37.7% | -96.2% |
| Market cap | $5.9B | – |
| P/E (trailing) | 1162.5 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CWST | INTJ |
|---|---|---|
| 2022 | -7.2% | – |
| 2023 | +7.8% | – |
| 2024 | +23.8% | – |
| 2025 | -7.4% | -49.6% |
| 2026 | -5.0% | -71.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CWST and INTJ good diversifiers for each other?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
FAQ
What is the correlation between CWST and INTJ?
Using weekly returns as of 2026-08-27: -0.22 over 3 years, with -0.45 over the last year and n/a over 5 years.
Is INTJ a good diversifier for CWST?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
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/cwst-vs-intj.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cwst-vs-intj/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CWST correlations · INTJ correlations
