CZNC vs DOLE: Correlation
Citizens & Northern Corp (CZNC) and Dole plc (DOLE) show a moderate relationship: their 3-year correlation of weekly returns is 0.47.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CZNC and DOLE?
Across a 3-year window, the weekly returns of CZNC and DOLE correlate at 0.47, moderate. Recent behaviour matches the longer record: 0.42 over 1 year against 0.47 over 3. Stretching to 5 years gives 0.38, with an annualized covariance of 312.5 %².
Within CZNC's tracked universe of 14 assets, DOLE comes in at #7 by 3-year correlation. Correlation aside, the last 12 months split them widely, with CZNC ahead by 38.0 points (+32.5% versus -5.5%).
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.
CZNC vs DOLE: side by side
| CZNC (Citizens & Northern Corp) | DOLE (Dole plc) | |
|---|---|---|
| 1-year return | +32.5% | -5.5% |
| 5-year return | +31.8% | -3.9% |
| Volatility (ann.) | 27.6% | 24.2% |
| Beta vs S&P 500 | 0.57 | 0.28 |
| Max drawdown (3Y) | -26.1% | -27.7% |
| Market cap | $0.5B | $1.3B |
| P/E (trailing) | 17.3 | 18.5 |
| Dividend yield | 4.42% | 2.49% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CZNC | DOLE |
|---|---|---|
| 2022 | -8.4% | -25.3% |
| 2023 | +3.7% | +30.8% |
| 2024 | -12.2% | +12.8% |
| 2025 | +14.9% | +12.0% |
| 2026 | +31.0% | -7.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CZNC and DOLE good diversifiers for each other?
Reasonably. At 0.47, CZNC and DOLE keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CZNC and DOLE?
The CZNC/DOLE correlation stands at 0.47 on a 3-year window (1 year: 0.42, 5 years: 0.38), computed from weekly returns as of 2026-08-27.
Is DOLE a good diversifier for CZNC?
Reasonably. At 0.47, CZNC and DOLE keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.47 mean?
A reading of 0.47 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/cznc-vs-dole.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cznc-vs-dole/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CZNC correlations · DOLE correlations
