ACEL vs CNK: Correlation
Measured on weekly returns over the past three years, Accel Entertainment, Inc. (ACEL) and Cinemark Holdings Inc Cinemark Holdings, Inc. (CNK) carry a correlation of 0.34, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACEL and CNK?
Across a 3-year window, the weekly returns of ACEL and CNK correlate at 0.34, moderate. Recent behaviour matches the longer record: 0.30 over 1 year against 0.34 over 3. Stretching to 5 years gives 0.33, with an annualized covariance of 387.4 %².
Within ACEL's tracked universe of 16 assets, CNK comes in at #11 by 3-year correlation. The last year tells two different stories: CNK led by 41.5 percentage points, +1.3% for ACEL against +42.8% for CNK.
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.
ACEL vs CNK: side by side
| ACEL (Accel Entertainment, Inc.) | CNK (Cinemark Holdings Inc Cinemark Holdings, Inc.) | |
|---|---|---|
| 1-year return | +1.3% | +42.8% |
| 5-year return | +1.6% | +119.9% |
| Volatility (ann.) | 28.0% | 40.6% |
| Beta vs S&P 500 | 0.73 | 0.29 |
| Max drawdown (3Y) | -26.0% | -38.4% |
| Market cap | $0.9B | $4.2B |
| P/E (trailing) | 17.7 | 20.8 |
| Dividend yield | 0.00% | 0.94% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACEL | CNK |
|---|---|---|
| 2022 | -40.9% | -46.3% |
| 2023 | +33.4% | +62.7% |
| 2024 | +4.0% | +119.9% |
| 2025 | +6.8% | -24.1% |
| 2026 | +2.5% | +58.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACEL and CNK good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.34 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ACEL and CNK?
Using weekly returns as of 2026-08-27: 0.34 over 3 years, with 0.30 over the last year and 0.33 over 5 years.
Is CNK a good diversifier for ACEL?
Yes, to a useful degree: a correlation of 0.34 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.34 mean?
On the −1 to +1 scale, 0.34 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
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Related comparisons
Hubs: ACEL correlations · CNK correlations
