CHTR vs POET: Correlation
Measured on weekly returns over the past three years, Charter Communications (CHTR) and POET Technologies Inc. (POET) 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 POET?
On 3 years of weekly data the CHTR/POET correlation comes out at -0.19, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.39) than the 3-year average (-0.19). The 5-year figure is -0.10, and annualized covariance runs at -1179.9 %².
Among the 35 assets we track against CHTR, POET sits near the bottom by co-movement, at rank #31. The last year tells two different stories: POET led by 97.1 percentage points, -44.9% for CHTR against +52.2% for POET. One caveat on sizing: POET is 3.6 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 POET: side by side
| CHTR (Charter Communications) | POET (POET Technologies Inc.) | |
|---|---|---|
| 1-year return | -44.9% | +52.2% |
| 5-year return | -81.8% | -3.6% |
| Volatility (ann.) | 41.3% | 150.2% |
| Beta vs S&P 500 | 0.74 | 2.33 |
| Max drawdown (3Y) | -72.9% | -80.1% |
| Market cap | $20.0B | $1.4B |
| P/E (trailing) | 4.0 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Communication Services | US Listed |
Year-by-year returns
| Year | CHTR | POET |
|---|---|---|
| 2022 | -48.0% | -57.5% |
| 2023 | +14.6% | -68.9% |
| 2024 | -11.8% | +533.0% |
| 2025 | -39.1% | +6.4% |
| 2026 | -28.9% | +29.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CHTR and POET good diversifiers for each other?
Yes. With a correlation of -0.19, CHTR and POET have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between CHTR and POET?
As of 2026-08-27, the correlation of weekly returns between CHTR and POET is -0.19 over 3 years, -0.39 over 1 year and -0.10 over 5 years.
Is POET a good diversifier for CHTR?
Yes. With a correlation of -0.19, CHTR and POET have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.19 mean?
On the −1 to +1 scale, -0.19 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-poet.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/chtr-vs-poet/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CHTR correlations · POET correlations
