ACAD vs TLSI: Correlation
Measured on weekly returns over the past three years, ACADIA Pharmaceuticals Inc. (ACAD) and TriSalus Life Sciences, Inc. (TLSI) carry a correlation of 0.47, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACAD and TLSI?
Over the past 3 years, ACAD and TLSI moved with a correlation of 0.47, which is moderate. The relationship has been stable: the 1-year correlation (0.53) sits close to the 3-year figure. Over 5 years the correlation is 0.35, and the annualized covariance of weekly returns is 2069.0 %².
Among the 15 assets we track against ACAD, TLSI ranks #5 by 3-year correlation. The last year tells two different stories: ACAD led by 15.2 percentage points, +11.9% for ACAD against -3.3% for TLSI. Risk is not evenly split, since TLSI carries 1.8 times the volatility of the other side.
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.
ACAD vs TLSI: side by side
| ACAD (ACADIA Pharmaceuticals Inc.) | TLSI (TriSalus Life Sciences, Inc.) | |
|---|---|---|
| 1-year return | +11.9% | -3.3% |
| 5-year return | +75.2% | -49.6% |
| Volatility (ann.) | 48.8% | 89.7% |
| Beta vs S&P 500 | 1.18 | 1.13 |
| Max drawdown (3Y) | -55.6% | -75.4% |
| Market cap | $5.1B | $0.3B |
| P/E (trailing) | 13.3 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACAD | TLSI |
|---|---|---|
| 2022 | -31.8% | +1.5% |
| 2023 | +96.7% | -15.8% |
| 2024 | -41.4% | -40.7% |
| 2025 | +45.6% | +39.3% |
| 2026 | +11.3% | -29.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACAD and TLSI good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ACAD and TLSI?
As of 2026-08-27, the correlation of weekly returns between ACAD and TLSI is 0.47 over 3 years, 0.53 over 1 year and 0.35 over 5 years.
Is TLSI a good diversifier for ACAD?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
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/acad-vs-tlsi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/acad-vs-tlsi/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ACAD correlations · TLSI correlations
