CHTR vs HOPE: Correlation
How closely do Charter Communications (CHTR) and Hope Bancorp, Inc. (HOPE) trade together? Their weekly returns over three years give a correlation of 0.46, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CHTR and HOPE?
Across a 3-year window, the weekly returns of CHTR and HOPE correlate at 0.46, moderate. Little has changed lately, as the 1-year reading of 0.43 lands near the 3-year figure. Stretching to 5 years gives 0.41, with an annualized covariance of 568.1 %².
By 3-year correlation, HOPE places #13 of the 35 assets tracked against CHTR. Correlation aside, the last 12 months split them widely, with HOPE ahead by 75.8 points (-44.9% versus +30.9%).
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.
CHTR vs HOPE: side by side
| CHTR (Charter Communications) | HOPE (Hope Bancorp, Inc.) | |
|---|---|---|
| 1-year return | -44.9% | +30.9% |
| 5-year return | -81.8% | +29.9% |
| Volatility (ann.) | 41.3% | 29.7% |
| Beta vs S&P 500 | 0.74 | 0.91 |
| Max drawdown (3Y) | -72.9% | -35.1% |
| Market cap | $20.0B | $1.8B |
| P/E (trailing) | 4.0 | 13.8 |
| Dividend yield | 0.00% | 4.02% |
| Sector / category | Communication Services | US Listed |
Year-by-year returns
| Year | CHTR | HOPE |
|---|---|---|
| 2022 | -48.0% | -9.6% |
| 2023 | +14.6% | -0.1% |
| 2024 | -11.8% | +6.8% |
| 2025 | -39.1% | -5.9% |
| 2026 | -28.9% | +31.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CHTR and HOPE good diversifiers for each other?
Reasonably. At 0.46, CHTR and HOPE keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CHTR and HOPE?
Using weekly returns as of 2026-08-27: 0.46 over 3 years, with 0.43 over the last year and 0.41 over 5 years.
Is HOPE a good diversifier for CHTR?
Reasonably. At 0.46, CHTR and HOPE keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/chtr-vs-hope.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/chtr-vs-hope/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CHTR correlations · HOPE correlations
