CBFV vs HTB: Correlation
CB Financial Services, Inc. (CBFV) and HomeTrust Bancshares, Inc. (HTB) show a moderate relationship: their 3-year correlation of weekly returns is 0.52.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CBFV and HTB?
Over the past 3 years, CBFV and HTB moved with a correlation of 0.52, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.37 versus 0.52 over 3 years. Over 5 years the correlation is 0.41, and the annualized covariance of weekly returns is 360.8 %².
In CBFV's tracked universe of 10 assets, HTB sits right near the top at #3. Twelve-month performance is nearly a tie, at +17.2% for CBFV and +13.4% for HTB.
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.
CBFV vs HTB: side by side
| CBFV (CB Financial Services, Inc.) | HTB (HomeTrust Bancshares, Inc.) | |
|---|---|---|
| 1-year return | +17.2% | +13.4% |
| 5-year return | +97.7% | +81.4% |
| Volatility (ann.) | 25.3% | 27.3% |
| Beta vs S&P 500 | 0.46 | 0.86 |
| Max drawdown (3Y) | -21.1% | -17.7% |
| Market cap | $0.2B | $0.8B |
| P/E (trailing) | 27.3 | 12.3 |
| Dividend yield | 2.89% | 1.13% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CBFV | HTB |
|---|---|---|
| 2022 | -7.2% | -20.9% |
| 2023 | +16.5% | +13.4% |
| 2024 | +25.1% | +27.0% |
| 2025 | +26.0% | +29.1% |
| 2026 | +9.7% | +9.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CBFV and HTB good diversifiers for each other?
To a limited degree. At 0.52 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between CBFV and HTB?
Using weekly returns as of 2026-08-27: 0.52 over 3 years, with 0.37 over the last year and 0.41 over 5 years.
Is HTB a good diversifier for CBFV?
To a limited degree. At 0.52 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.52 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
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Related comparisons
Hubs: CBFV correlations · HTB correlations
