CHTR vs ORRF: Correlation
Measured on weekly returns over the past three years, Charter Communications (CHTR) and Orrstown Financial Services, Inc. (ORRF) carry a correlation of 0.46, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CHTR and ORRF?
On 3 years of weekly data the CHTR/ORRF correlation comes out at 0.46, moderate. The relationship has been stable: the 1-year correlation (0.38) sits close to the 3-year figure. The 5-year figure is 0.35, and annualized covariance runs at 537.8 %².
By 3-year correlation, ORRF places #14 of the 35 assets tracked against CHTR. Their recent paths diverged sharply: over the last 12 months ORRF outperformed by 69.5 percentage points (-44.9% for CHTR against +24.6% for ORRF).
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 ORRF: side by side
| CHTR (Charter Communications) | ORRF (Orrstown Financial Services, Inc.) | |
|---|---|---|
| 1-year return | -44.9% | +24.6% |
| 5-year return | -81.8% | +111.1% |
| Volatility (ann.) | 41.3% | 28.5% |
| Beta vs S&P 500 | 0.74 | 0.84 |
| Max drawdown (3Y) | -72.9% | -35.9% |
| Market cap | $20.0B | $0.8B |
| P/E (trailing) | 4.0 | 9.5 |
| Dividend yield | 0.00% | 2.70% |
| Sector / category | Communication Services | US Listed |
Year-by-year returns
| Year | CHTR | ORRF |
|---|---|---|
| 2022 | -48.0% | -5.3% |
| 2023 | +14.6% | +32.3% |
| 2024 | -11.8% | +27.7% |
| 2025 | -39.1% | -0.0% |
| 2026 | -28.9% | +21.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CHTR and ORRF good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CHTR and ORRF?
Using weekly returns as of 2026-08-27: 0.46 over 3 years, with 0.38 over the last year and 0.35 over 5 years.
Is ORRF a good diversifier for CHTR?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined 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-orrf.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/chtr-vs-orrf/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CHTR correlations · ORRF correlations
