CHTR vs LIDR: Correlation
Measured on weekly returns over the past three years, Charter Communications (CHTR) and AEye, Inc. (LIDR) carry a correlation of -0.19, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CHTR and LIDR?
On 3 years of weekly data the CHTR/LIDR correlation comes out at -0.19, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.14 over 1 year against -0.19 over 3. The 5-year figure is -0.08, and annualized covariance runs at -1633.3 %².
Within CHTR's tracked universe of 35 assets, LIDR comes in at #30 by 3-year correlation. Correlation aside, the last 12 months split them widely, with CHTR ahead by 15.4 points (-44.9% versus -60.3%). Risk is not evenly split, since LIDR carries 5.1 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.
CHTR vs LIDR: side by side
| CHTR (Charter Communications) | LIDR (AEye, Inc.) | |
|---|---|---|
| 1-year return | -44.9% | -60.3% |
| 5-year return | -81.8% | -99.6% |
| Volatility (ann.) | 41.3% | 211.5% |
| Beta vs S&P 500 | 0.74 | 2.26 |
| Max drawdown (3Y) | -72.9% | -93.9% |
| Market cap | $20.0B | $0.1B |
| P/E (trailing) | 4.0 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Communication Services | US Listed |
Year-by-year returns
| Year | CHTR | LIDR |
|---|---|---|
| 2022 | -48.0% | -90.1% |
| 2023 | +14.6% | -84.1% |
| 2024 | -11.8% | -44.5% |
| 2025 | -39.1% | +44.9% |
| 2026 | -28.9% | -34.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CHTR and LIDR good diversifiers for each other?
Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CHTR and LIDR?
Using weekly returns as of 2026-08-27: -0.19 over 3 years, with -0.14 over the last year and -0.08 over 5 years.
Is LIDR a good diversifier for CHTR?
Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.19 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/chtr-vs-lidr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/chtr-vs-lidr/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CHTR correlations · LIDR correlations
