BULL vs CHCI: Correlation
How closely do Webull Corporation - Class A (BULL) and Comstock Holding Companies, Inc. (CHCI) trade together? Their weekly returns over three years give a correlation of 0.27, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BULL and CHCI?
On 3 years of weekly data the BULL/CHCI correlation comes out at 0.27, weak. The link has loosened recently: the 1-year correlation (0.03) runs below the 3-year figure (0.27). The 5-year figure is 0.24, and annualized covariance runs at 1221.8 %².
Within BULL's tracked universe of 16 assets, CHCI comes in at #10 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months CHCI outperformed by 47.8 percentage points (-33.7% for BULL against +14.1% for CHCI).
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.
BULL vs CHCI: side by side
| BULL (Webull Corporation - Class A) | CHCI (Comstock Holding Companies, Inc.) | |
|---|---|---|
| 1-year return | -33.7% | +14.1% |
| 5-year return | n/a | +236.2% |
| Volatility (ann.) | 80.3% | 56.1% |
| Beta vs S&P 500 | 0.42 | -0.23 |
| Max drawdown (3Y) | -92.6% | -47.9% |
| Market cap | $5.1B | $0.2B |
| P/E (trailing) | 15.7 | 8.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BULL | CHCI |
|---|---|---|
| 2022 | – | -12.4% |
| 2023 | +6.3% | +4.2% |
| 2024 | +7.4% | +82.4% |
| 2025 | -33.2% | +43.8% |
| 2026 | +23.2% | +71.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BULL and CHCI good diversifiers for each other?
Reasonably. At 0.27, BULL and CHCI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BULL and CHCI?
As of 2026-08-27, the correlation of weekly returns between BULL and CHCI is 0.27 over 3 years, 0.03 over 1 year and 0.24 over 5 years.
Is CHCI a good diversifier for BULL?
Reasonably. At 0.27, BULL and CHCI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.27 mean?
A reading of 0.27 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/bull-vs-chci.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bull-vs-chci/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BULL correlations · CHCI correlations
