CHTR vs PODC: Correlation
How closely do Charter Communications (CHTR) and PodcastOne, Inc. (PODC) trade together? Their weekly returns over three years give a correlation of -0.15, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CHTR and PODC?
Over the past 3 years, CHTR and PODC moved with a correlation of -0.15, which is negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.27) runs below the 3-year figure (-0.15). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -499.3 %².
By 3-year correlation, PODC places #26 of the 35 assets tracked against CHTR. Their recent paths diverged sharply: over the last 12 months PODC outperformed by 114.3 percentage points (-44.9% for CHTR against +69.4% for PODC). Note the risk asymmetry: PODC runs 1.9 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 PODC: side by side
| CHTR (Charter Communications) | PODC (PodcastOne, Inc.) | |
|---|---|---|
| 1-year return | -44.9% | +69.4% |
| 5-year return | -81.8% | n/a |
| Volatility (ann.) | 41.3% | 79.0% |
| Beta vs S&P 500 | 0.74 | 0.70 |
| Max drawdown (3Y) | -72.9% | -74.5% |
| 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 | PODC |
|---|---|---|
| 2022 | -48.0% | – |
| 2023 | +14.6% | – |
| 2024 | -11.8% | +16.8% |
| 2025 | -39.1% | +14.4% |
| 2026 | -28.9% | +9.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CHTR and PODC good diversifiers for each other?
By historical standards, yes. A correlation of -0.15 means the two rarely move for the same reasons.
FAQ
What is the correlation between CHTR and PODC?
Using weekly returns as of 2026-08-27: -0.15 over 3 years, with -0.27 over the last year and n/a over 5 years.
Is PODC a good diversifier for CHTR?
By historical standards, yes. A correlation of -0.15 means the two rarely move for the same reasons.
What does a correlation of -0.15 mean?
On the −1 to +1 scale, -0.15 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/chtr-vs-podc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/chtr-vs-podc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CHTR correlations · PODC correlations
