BOTJ vs CMCT: Correlation
Bank of the James Financial Group, Inc. (BOTJ) and Creative Media (CMCT) show a negative relationship: their 3-year correlation of weekly returns is -0.38.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BOTJ and CMCT?
On 3 years of weekly data the BOTJ/CMCT correlation comes out at -0.38, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.08) than the 3-year average (-0.38). The 5-year figure is -0.27, and annualized covariance runs at -2993.6 %².
CMCT is close to the least connected end of BOTJ's tracked universe, ranking #14 of 16. Correlation aside, the last 12 months split them widely, with BOTJ ahead by 177.9 points (+78.5% versus -99.4%). One caveat on sizing: CMCT is 12.0 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
BOTJ vs CMCT: side by side
| BOTJ (Bank of the James Financial Group, Inc.) | CMCT (Creative Media) | |
|---|---|---|
| 1-year return | +78.5% | -99.4% |
| 5-year return | +119.5% | -100.0% |
| Volatility (ann.) | 25.5% | 305.8% |
| Beta vs S&P 500 | 0.22 | 1.22 |
| Max drawdown (3Y) | -27.8% | -100.0% |
| Market cap | $0.1B | – |
| P/E (trailing) | 10.6 | – |
| Dividend yield | 1.50% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BOTJ | CMCT |
|---|---|---|
| 2022 | -21.2% | -29.7% |
| 2023 | +5.8% | -18.2% |
| 2024 | +34.1% | -93.3% |
| 2025 | +20.3% | -35.5% |
| 2026 | +46.4% | -98.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BOTJ and CMCT good diversifiers for each other?
Yes: at -0.38, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between BOTJ and CMCT?
Using weekly returns as of 2026-08-27: -0.38 over 3 years, with -0.08 over the last year and -0.27 over 5 years.
Is CMCT a good diversifier for BOTJ?
Yes: at -0.38, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.38 mean?
A reading of -0.38 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/botj-vs-cmct.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/botj-vs-cmct/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BOTJ correlations · CMCT correlations
