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CABO vs CHTR: Correlation

Cable One, Inc. (CABO) and Charter Communications (CHTR) show a moderate relationship: their 3-year correlation of weekly returns is 0.46.

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

Correlation (3Y)
0.46
moderate
Correlation (1Y)
0.55
last 12 months
Correlation (5Y)
0.49
long-run
Ann. covariance
1248.4
%² · weekly, annualized

How correlated are CABO and CHTR?

On 3 years of weekly data the CABO/CHTR correlation comes out at 0.46, moderate. The relationship has been stable: the 1-year correlation (0.55) sits close to the 3-year figure. The 5-year figure is 0.49, and annualized covariance runs at 1248.4 %².

Few assets follow CABO as closely as CHTR, which ranks #1 of 10 tracked partners. The last year tells two different stories: CHTR led by 41.3 percentage points, -86.2% for CABO against -44.9% for CHTR. Risk is not evenly split, since CABO 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.

CABO vs CHTR: side by side

CABO (Cable One, Inc.)CHTR (Charter Communications)
1-year return-86.2%-44.9%
5-year return-98.8%-81.8%
Volatility (ann.)66.3%41.3%
Beta vs S&P 5000.390.74
Max drawdown (3Y)-96.5%-72.9%
Market cap$0.1B$20.0B
P/E (trailing)4.0
Dividend yield0.00%0.00%
Sector / categoryUS ListedCommunication Services
Smaller drawdown: CHTR -72.9% vs -96.5%Higher 5y return: CHTR -81.8% vs -98.8%
-86%0%+9%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. CABO · CHTR

Year-by-year returns

YearCABOCHTR
2022-59.2%-48.0%
2023-20.4%+14.6%
2024-33.0%-11.8%
2025-68.5%-39.1%
2026-80.1%-28.9%

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

Are CABO and CHTR good diversifiers for each other?

A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between CABO and CHTR?

The CABO/CHTR correlation stands at 0.46 on a 3-year window (1 year: 0.55, 5 years: 0.49), computed from weekly returns as of 2026-08-27.

Is CHTR a good diversifier for CABO?

A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.46 mean?

A reading of 0.46 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

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CABO vs CHTR: 3-year weekly correlation 0.46CABO vs CHTR0.46

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Related comparisons

Hubs: CABO correlations · CHTR correlations