CHTR vs WSBC: Correlation
How closely do Charter Communications (CHTR) and WesBanco, Inc. (WSBC) 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
How correlated are CHTR and WSBC?
Across a 3-year window, the weekly returns of CHTR and WSBC correlate at 0.47, moderate. Little has changed lately, as the 1-year reading of 0.49 lands near the 3-year figure. Stretching to 5 years gives 0.40, with an annualized covariance of 547.3 %².
Within CHTR's tracked universe of 35 assets, WSBC comes in at #8 by 3-year correlation. Correlation aside, the last 12 months split them widely, with WSBC ahead by 73.5 points (-44.9% versus +28.6%).
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 WSBC: side by side
| CHTR (Charter Communications) | WSBC (WesBanco, Inc.) | |
|---|---|---|
| 1-year return | -44.9% | +28.6% |
| 5-year return | -81.8% | +48.2% |
| Volatility (ann.) | 41.3% | 28.3% |
| Beta vs S&P 500 | 0.74 | 0.77 |
| Max drawdown (3Y) | -72.9% | -26.9% |
| Market cap | $20.0B | $3.9B |
| P/E (trailing) | 4.0 | 11.5 |
| Dividend yield | 0.00% | 3.73% |
| Sector / category | Communication Services | US Listed |
Year-by-year returns
| Year | CHTR | WSBC |
|---|---|---|
| 2022 | -48.0% | +9.9% |
| 2023 | +14.6% | -10.9% |
| 2024 | -11.8% | +8.8% |
| 2025 | -39.1% | +7.0% |
| 2026 | -28.9% | +24.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CHTR and WSBC 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 WSBC?
The CHTR/WSBC correlation stands at 0.47 on a 3-year window (1 year: 0.49, 5 years: 0.40), computed from weekly returns as of 2026-08-27.
Is WSBC 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
$ curl https://www.pairbook.io/api/v1/pairs/chtr-vs-wsbc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/chtr-vs-wsbc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CHTR correlations · WSBC correlations
