Charter Comm Inc Del CL A New (CHTR) — Stock Correlations & Overview
Over the past year, CHTR has moved most closely with CMCSA, SHRY, RSPC. Explore the stocks most correlated and inversely correlated with CHTR below, along with its price, financials, and company profile.
Stocks correlated with CHTR
Correlation of daily returns. Higher positive values move with CHTR; negative values move opposite it. Informational only, not investment advice.
Most correlated with CHTR
| Symbol | Company | Correlation |
|---|---|---|
| CMCSA | Comcast CorpCABLE & OTHER PAY TELEVISION SERVICES | 0.71 |
| SHRY | First Trust Exchange-Traded Fund VI First Trust Bloomberg Shareholder Yield ETF | 0.53 |
| RSPC | Invesco Exchange-Traded Fund Trust Invesco S&P 500 Equal Weight Communication Services ETF | 0.53 |
| CHSN | Chanson International Holding Class A Ordinary Shares | 0.50 |
| SHEN | Shenandoah Telecom CoTELEPHONE COMMUNICATIONS (NO RADIOTELEPHONE) | 0.48 |
Most inversely correlated with CHTR
| Symbol | Company | Correlation |
|---|---|---|
| DWSH | AdvisorShares Dorsey Wright Short ETF | -0.36 |
| HDGE | AdvisorShares Ranger Equity Bear ETF | -0.36 |
| EMTY | ProShares Decline of the Retail Store ETF | -0.32 |
| MXL | MaxLinear, Inc. Common StockSEMICONDUCTORS & RELATED DEVICES | -0.31 |
| SZK | ProShares UltraShort Consumer Staples | -0.28 |
Frequently asked questions about CHTR correlations
- Which stocks are most correlated with CHTR?
- Based on one year of daily returns, the stocks most correlated with Charter Comm Inc Del CL A New (CHTR) are CMCSA (0.71), SHRY (0.53) and RSPC (0.53). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with CHTR?
- Over the past year, the stocks most inversely correlated with Charter Comm Inc Del CL A New (CHTR) are DWSH (-0.36), HDGE (-0.36) and EMTY (-0.32). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these CHTR correlations calculated?
- We compute the correlation of daily returns between CHTR and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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