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ACCS vs HCKT: Correlation

ACCESS Newswire Inc. (ACCS) and The Hackett Group, Inc. (HCKT) show a moderate relationship: their 3-year correlation of weekly returns is 0.30.

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

Correlation (3Y)
0.30
moderate
Correlation (1Y)
0.35
last 12 months
Correlation (5Y)
0.28
long-run
Ann. covariance
564.3
%² · weekly, annualized

How correlated are ACCS and HCKT?

Across a 3-year window, the weekly returns of ACCS and HCKT correlate at 0.30, moderate. The relationship has been stable: the 1-year correlation (0.35) sits close to the 3-year figure. Stretching to 5 years gives 0.28, with an annualized covariance of 564.3 %².

Within ACCS's tracked universe of 10 assets, HCKT comes in at #5 by 3-year correlation. The trailing year gives HCKT the advantage: -50.1% versus -44.1%, a 6.0-point spread.

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 HCKT: side by side

ACCS (ACCESS Newswire Inc.)HCKT (The Hackett Group, Inc.)
1-year return-50.1%-44.1%
5-year return-78.8%-35.3%
Volatility (ann.)50.8%37.5%
Beta vs S&P 5000.260.78
Max drawdown (3Y)-77.4%-70.5%
Market cap$0.3B
P/E (trailing)17.5
Dividend yield0.00%4.37%
Sector / categoryUS ListedUS Listed
Higher yield: HCKT 4.37% vs 0.00%Smaller drawdown: HCKT -70.5% vs -77.4%Higher 5y return: HCKT -35.3% vs -78.8%
-54%0%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). ACCS · HCKT

Year-by-year returns

YearACCSHCKT
2022-15.0%+1.5%
2023-27.6%+14.1%
2024-50.7%+37.3%
2025+4.0%-34.7%
2026-41.7%-41.9%

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

Are ACCS and HCKT good diversifiers for each other?

A fair diversifier. At 0.30, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between ACCS and HCKT?

The ACCS/HCKT correlation stands at 0.30 on a 3-year window (1 year: 0.35, 5 years: 0.28), computed from weekly returns as of 2026-08-27.

Is HCKT a good diversifier for ACCS?

A fair diversifier. At 0.30, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

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 HCKT: 3-year weekly correlation 0.30ACCS vs HCKT0.30

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Related comparisons

Hubs: ACCS correlations · HCKT correlations