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ACCS vs ACM: Correlation

Measured on weekly returns over the past three years, ACCESS Newswire Inc. (ACCS) and AECOM (ACM) carry a correlation of 0.30, a moderate link.

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

Correlation (3Y)
0.30
moderate
Correlation (1Y)
0.44
last 12 months
Correlation (5Y)
0.31
long-run
Ann. covariance
447.4
%² · weekly, annualized

How correlated are ACCS and ACM?

On 3 years of weekly data the ACCS/ACM correlation comes out at 0.30, moderate. The link has tightened recently: the 1-year correlation (0.44) runs above the 3-year figure (0.30). The 5-year figure is 0.31, and annualized covariance runs at 447.4 %².

Few assets follow ACCS as closely as ACM, which ranks #3 of 10 tracked partners. Their 12-month results are close: -50.1% for ACCS against -46.6% for ACM. Note the risk asymmetry: ACCS runs 1.7 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.

ACCS vs ACM: side by side

ACCS (ACCESS Newswire Inc.)ACM (AECOM)
1-year return-50.1%-46.6%
5-year return-78.8%+5.2%
Volatility (ann.)50.8%29.1%
Beta vs S&P 5000.260.79
Max drawdown (3Y)-77.4%-54.1%
Market cap$8.5B
P/E (trailing)22.9
Dividend yield0.00%1.83%
Sector / categoryUS ListedUS Listed
Higher yield: ACM 1.83% vs 0.00%Smaller drawdown: ACM -54.1% vs -77.4%Higher 5y return: ACM +5.2% vs -78.8%
-54%0%+6%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). ACCS · ACM

Year-by-year returns

YearACCSACM
2022-15.0%+10.7%
2023-27.6%+9.8%
2024-50.7%+16.7%
2025+4.0%-9.9%
2026-41.7%-29.7%

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

Are ACCS and ACM good diversifiers for each other?

Reasonably. At 0.30, ACCS and ACM keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between ACCS and ACM?

The ACCS/ACM correlation stands at 0.30 on a 3-year window (1 year: 0.44, 5 years: 0.31), computed from weekly returns as of 2026-08-27.

Is ACM a good diversifier for ACCS?

Reasonably. At 0.30, ACCS and ACM keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.30 mean?

A reading of 0.30 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

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ACCS vs ACM: 3-year weekly correlation 0.30ACCS vs ACM0.30

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Related comparisons

Hubs: ACCS correlations · ACM correlations