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ACA vs PRM: Correlation

Arcosa, Inc. (ACA) and Perimeter Solutions, SA (PRM) show a moderate relationship: their 3-year correlation of weekly returns is 0.47.

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

Correlation (3Y)
0.47
moderate
Correlation (1Y)
0.50
last 12 months
Correlation (5Y)
0.36
long-run
Ann. covariance
732.2
%² · weekly, annualized

How correlated are ACA and PRM?

On 3 years of weekly data the ACA/PRM correlation comes out at 0.47, moderate. Recent behaviour matches the longer record: 0.50 over 1 year against 0.47 over 3. The 5-year figure is 0.36, and annualized covariance runs at 732.2 %².

By 3-year correlation, PRM places #17 of the 23 assets tracked against ACA. Their 12-month results are close: +47.0% for ACA against +46.9% for PRM. Note the risk asymmetry: PRM runs 1.5 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.

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.

ACA vs PRM: side by side

ACA (Arcosa, Inc.)PRM (Perimeter Solutions, SA)
1-year return+47.0%+46.9%
5-year return+186.5%+166.9%
Volatility (ann.)31.9%49.1%
Beta vs S&P 5001.231.44
Max drawdown (3Y)-36.6%-51.3%
Market cap$7.1B$5.2B
P/E (trailing)32.5
Dividend yield0.14%0.00%
Sector / categoryUS ListedUS Listed
Higher yield: ACA 0.14% vs 0.00%Smaller drawdown: ACA -36.6% vs -51.3%Higher 5y return: ACA +186.5% vs +166.9%
-9%0%+69%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. ACA · PRM

Year-by-year returns

YearACAPRM
2022+3.5%-34.2%
2023+52.5%-49.7%
2024+17.3%+177.8%
2025+10.2%+115.4%
2026+37.0%+16.3%

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

Are ACA and PRM 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 ACA and PRM?

The ACA/PRM correlation stands at 0.47 on a 3-year window (1 year: 0.50, 5 years: 0.36), computed from weekly returns as of 2026-08-27.

Is PRM a good diversifier for ACA?

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/aca-vs-prm.json

ACA vs PRM: 3-year weekly correlation 0.47ACA vs PRM0.47

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Related comparisons

Hubs: ACA correlations · PRM correlations