CHTR vs PGC: Correlation
How closely do Charter Communications (CHTR) and Peapack-Gl (PGC) trade together? Their weekly returns over three years give a correlation of 0.50, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CHTR and PGC?
Over the past 3 years, CHTR and PGC moved with a correlation of 0.50, which is moderate. The past 12 months show a weaker link (0.27) than the 3-year average (0.50). Over 5 years the correlation is 0.44, and the annualized covariance of weekly returns is 705.1 %².
Few assets follow CHTR as closely as PGC, which ranks #3 of 35 tracked partners. The last year tells two different stories: PGC led by 102.6 percentage points, -44.9% for CHTR against +57.7% for PGC.
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 PGC: side by side
| CHTR (Charter Communications) | PGC (Peapack-Gl) | |
|---|---|---|
| 1-year return | -44.9% | +57.7% |
| 5-year return | -81.8% | +41.8% |
| Volatility (ann.) | 41.3% | 34.4% |
| Beta vs S&P 500 | 0.74 | 0.88 |
| Max drawdown (3Y) | -72.9% | -34.2% |
| Market cap | $20.0B | $0.8B |
| P/E (trailing) | 4.0 | 15.7 |
| Dividend yield | 0.00% | 0.44% |
| Sector / category | Communication Services | US Listed |
Year-by-year returns
| Year | CHTR | PGC |
|---|---|---|
| 2022 | -48.0% | +5.7% |
| 2023 | +14.6% | -19.3% |
| 2024 | -11.8% | +8.3% |
| 2025 | -39.1% | -12.5% |
| 2026 | -28.9% | +62.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CHTR and PGC good diversifiers for each other?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between CHTR and PGC?
Using weekly returns as of 2026-08-27: 0.50 over 3 years, with 0.27 over the last year and 0.44 over 5 years.
Is PGC a good diversifier for CHTR?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.50 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-pgc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/chtr-vs-pgc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CHTR correlations · PGC correlations
