PairBook
HomeCHTR › CHTR vs SMBK

CHTR vs SMBK: Correlation

How closely do Charter Communications (CHTR) and SmartFinancial, Inc. (SMBK) trade together? Their weekly returns over three years give a correlation of 0.47, which is moderate.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.47
moderate
Correlation (1Y)
0.33
last 12 months
Correlation (5Y)
0.40
long-run
Ann. covariance
563.2
%² · weekly, annualized

How correlated are CHTR and SMBK?

On 3 years of weekly data the CHTR/SMBK correlation comes out at 0.47, moderate. The past 12 months show a weaker link (0.33) than the 3-year average (0.47). The 5-year figure is 0.40, and annualized covariance runs at 563.2 %².

Among the 35 assets we track against CHTR, SMBK ranks #7 by 3-year correlation. Correlation aside, the last 12 months split them widely, with SMBK ahead by 82.5 points (-44.9% versus +37.6%).

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 SMBK: side by side

CHTR (Charter Communications)SMBK (SmartFinancial, Inc.)
1-year return-44.9%+37.6%
5-year return-81.8%+113.7%
Volatility (ann.)41.3%28.9%
Beta vs S&P 5000.740.84
Max drawdown (3Y)-72.9%-26.4%
Market cap$20.0B$0.9B
P/E (trailing)4.014.9
Dividend yield0.00%0.65%
Sector / categoryCommunication ServicesUS Listed
Lower P/E: CHTR 4.0 vs 14.9Higher yield: SMBK 0.65% vs 0.00%Smaller drawdown: SMBK -26.4% vs -72.9%Higher 5y return: SMBK +113.7% vs -81.8%
-53%0%+44%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. CHTR · SMBK

Year-by-year returns

YearCHTRSMBK
2022-48.0%+1.6%
2023+14.6%-9.7%
2024-11.8%+28.1%
2025-39.1%+20.5%
2026-28.9%+37.6%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are CHTR and SMBK good diversifiers for each other?

A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between CHTR and SMBK?

As of 2026-08-27, the correlation of weekly returns between CHTR and SMBK is 0.47 over 3 years, 0.33 over 1 year and 0.40 over 5 years.

Is SMBK a good diversifier for CHTR?

A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.47 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/chtr-vs-smbk.json

CHTR vs SMBK: 3-year weekly correlation 0.47CHTR vs SMBK0.47

Embed this badge (it refreshes with the data), with attribution:

[![CHTR vs SMBK correlation](https://www.pairbook.io/api/v1/badge/chtr-vs-smbk.svg)](https://www.pairbook.io/pair/chtr-vs-smbk/)

No key needed, free to use. Full endpoint list in the API documentation.

Related comparisons

Hubs: CHTR correlations · SMBK correlations