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
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 return | n/a | +97.7% |
| Volatility (ann.) | 41.3% | 25.3% |
| Beta vs S&P 500 | 0.13 | 0.46 |
| Max drawdown (3Y) | -54.9% | -21.1% |
| Market cap | $0.1B | $0.2B |
| P/E (trailing) | – | 27.3 |
| Dividend yield | 5.85% | 2.89% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BHM | CBFV |
|---|---|---|
| 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
$ curl https://www.pairbook.io/api/v1/pairs/bhm-vs-cbfv.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bhm-vs-cbfv/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BHM correlations · CBFV correlations