CWST vs VMRK: Correlation
Measured on weekly returns over the past three years, Casella Waste Systems, Inc. (CWST) and Vivmark Residential (VMRK) carry a correlation of 0.48, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CWST and VMRK?
On 3 years of weekly data the CWST/VMRK correlation comes out at 0.48, moderate. The relationship has been stable: the 1-year correlation (0.56) sits close to the 3-year figure. The 5-year figure is 0.47, and annualized covariance runs at 251.7 %².
Among the 11 assets we track against CWST, VMRK ranks #5 by 3-year correlation. Over the last 12 months VMRK came out ahead by 12.2 percentage points (-7.1% against +5.1%).
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 VMRK: side by side
| CWST (Casella Waste Systems, Inc.) | VMRK (Vivmark Residential) | |
|---|---|---|
| 1-year return | -7.1% | +5.1% |
| 5-year return | +25.0% | -5.5% |
| Volatility (ann.) | 26.7% | 19.7% |
| Beta vs S&P 500 | 0.40 | 0.57 |
| Max drawdown (3Y) | -37.7% | -21.2% |
| Market cap | $5.9B | $26.1B |
| P/E (trailing) | 1162.5 | 25.7 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | Real Estate |
Year-by-year returns
| Year | CWST | VMRK |
|---|---|---|
| 2022 | -7.2% | -32.5% |
| 2023 | +7.8% | +8.3% |
| 2024 | +23.8% | +20.8% |
| 2025 | -7.4% | -8.6% |
| 2026 | -5.0% | +7.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CWST and VMRK good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.48 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CWST and VMRK?
Using weekly returns as of 2026-08-27: 0.48 over 3 years, with 0.56 over the last year and 0.47 over 5 years.
Is VMRK a good diversifier for CWST?
Yes, to a useful degree: a correlation of 0.48 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.48 mean?
A reading of 0.48 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/cwst-vs-vmrk.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cwst-vs-vmrk/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CWST correlations · VMRK correlations
