CHSN vs IMKTA: Correlation
Measured on weekly returns over the past three years, Chanson International Holding - Class A (CHSN) and Ingles Markets, Incorporated (IMKTA) carry a correlation of -0.28, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CHSN and IMKTA?
Across a 3-year window, the weekly returns of CHSN and IMKTA correlate at -0.28, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.12 versus -0.28 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of -2219.3 %².
Out of 18 assets tracked against CHSN, IMKTA lands near the bottom at #15. The last year tells two different stories: IMKTA led by 121.9 percentage points, -99.4% for CHSN against +22.5% for IMKTA. Risk is not evenly split, since CHSN carries 12.9 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.
CHSN vs IMKTA: side by side
| CHSN (Chanson International Holding - Class A) | IMKTA (Ingles Markets, Incorporated) | |
|---|---|---|
| 1-year return | -99.4% | +22.5% |
| 5-year return | n/a | +28.3% |
| Volatility (ann.) | 320.2% | 24.9% |
| Beta vs S&P 500 | 0.54 | 0.17 |
| Max drawdown (3Y) | -100.0% | -32.0% |
| Market cap | – | $1.6B |
| P/E (trailing) | 0.4 | 15.2 |
| Dividend yield | 0.00% | 0.79% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CHSN | IMKTA |
|---|---|---|
| 2022 | – | +12.6% |
| 2023 | – | -9.8% |
| 2024 | +318.9% | -24.7% |
| 2025 | -99.5% | +7.4% |
| 2026 | -99.5% | +20.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CHSN and IMKTA good diversifiers for each other?
Yes: at -0.28, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CHSN and IMKTA?
The CHSN/IMKTA correlation stands at -0.28 on a 3-year window (1 year: 0.12, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is IMKTA a good diversifier for CHSN?
Yes: at -0.28, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.28 mean?
A reading of -0.28 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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Related comparisons
Hubs: CHSN correlations · IMKTA correlations
