CLDT vs POCI: Correlation
Measured on weekly returns over the past three years, Chatham Lodging Trust (REIT) (CLDT) and Precision Optics Corporation, Inc. (POCI) carry a correlation of 0.35, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CLDT and POCI?
On 3 years of weekly data the CLDT/POCI correlation comes out at 0.35, moderate. The relationship has been stable: the 1-year correlation (0.32) sits close to the 3-year figure. The 5-year figure is 0.26, and annualized covariance runs at 439.1 %².
Out of 14 assets tracked against CLDT, POCI lands near the bottom at #11. Their recent paths diverged sharply: over the last 12 months CLDT outperformed by 90.7 percentage points (+80.0% for CLDT against -10.7% for POCI).
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.
CLDT vs POCI: side by side
| CLDT (Chatham Lodging Trust (REIT)) | POCI (Precision Optics Corporation, Inc.) | |
|---|---|---|
| 1-year return | +80.0% | -10.7% |
| 5-year return | +28.1% | -21.9% |
| Volatility (ann.) | 29.5% | 42.5% |
| Beta vs S&P 500 | 0.92 | 0.45 |
| Max drawdown (3Y) | -41.9% | -45.4% |
| Market cap | $0.7B | – |
| P/E (trailing) | 166.9 | – |
| Dividend yield | 2.81% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CLDT | POCI |
|---|---|---|
| 2022 | -10.0% | -22.6% |
| 2023 | -10.1% | +8.1% |
| 2024 | -13.8% | -19.9% |
| 2025 | -19.9% | -13.1% |
| 2026 | +100.1% | +5.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CLDT and POCI good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.35 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CLDT and POCI?
Using weekly returns as of 2026-08-27: 0.35 over 3 years, with 0.32 over the last year and 0.26 over 5 years.
Is POCI a good diversifier for CLDT?
Yes, to a useful degree: a correlation of 0.35 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.35 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/cldt-vs-poci.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cldt-vs-poci/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CLDT correlations · POCI correlations
