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BHM vs CBFV: Correlation

Measured on weekly returns over the past three years, Bluerock Homes Trust, Inc. (BHM) and CB Financial Services, Inc. (CBFV) carry a correlation of -0.20, a negative link.

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

Correlation (3Y)
-0.20
negative
Correlation (1Y)
-0.31
last 12 months
Correlation (5Y)
-0.16
long-run
Ann. covariance
-207.2
%² · weekly, annualized

How correlated are BHM and CBFV?

Across a 3-year window, the weekly returns of BHM and CBFV correlate at -0.20, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.31) runs below the 3-year figure (-0.20). Stretching to 5 years gives -0.16, with an annualized covariance of -207.2 %².

Among the 18 assets we track against BHM, CBFV sits near the bottom by co-movement, at rank #14. The last year tells two different stories: CBFV led by 51.7 percentage points, -34.5% for BHM against +17.2% for CBFV. Risk is not evenly split, since BHM carries 1.6 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.

BHM vs CBFV: side by side

BHM (Bluerock Homes Trust, Inc.)CBFV (CB Financial Services, Inc.)
1-year return-34.5%+17.2%
5-year returnn/a+97.7%
Volatility (ann.)41.3%25.3%
Beta vs S&P 5000.130.46
Max drawdown (3Y)-54.9%-21.1%
Market cap$0.1B$0.2B
P/E (trailing)27.3
Dividend yield5.85%2.89%
Sector / categoryUS ListedUS Listed
Higher yield: BHM 5.85% vs 2.89%Smaller drawdown: CBFV -21.1% vs -54.9%
-33%0%+19%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. BHM · CBFV

Year-by-year returns

YearBHMCBFV
2022-7.2%
2023-29.7%+16.5%
2024-5.1%+25.1%
2025-15.9%+26.0%
2026-19.4%+9.7%

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

Are BHM and CBFV good diversifiers for each other?

By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.

FAQ

What is the correlation between BHM and CBFV?

As of 2026-08-27, the correlation of weekly returns between BHM and CBFV is -0.20 over 3 years, -0.31 over 1 year and -0.16 over 5 years.

Is CBFV a good diversifier for BHM?

By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.

What does a correlation of -0.20 mean?

On the −1 to +1 scale, -0.20 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

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BHM vs CBFV: 3-year weekly correlation -0.20BHM vs CBFV-0.20

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Related comparisons

Hubs: BHM correlations · CBFV correlations