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ACET vs LFWD: Correlation

Measured on weekly returns over the past three years, Adicet Bio, Inc. (ACET) and Lifeward Ltd. (LFWD) carry a correlation of 0.36, a moderate link.

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

Correlation (3Y)
0.36
moderate
Correlation (1Y)
0.20
last 12 months
Correlation (5Y)
0.32
long-run
Ann. covariance
2687.5
%² · weekly, annualized

How correlated are ACET and LFWD?

Over the past 3 years, ACET and LFWD moved with a correlation of 0.36, which is moderate. The past 12 months show a weaker link (0.20) than the 3-year average (0.36). Over 5 years the correlation is 0.32, and the annualized covariance of weekly returns is 2687.5 %².

Within ACET's tracked universe of 15 assets, LFWD comes in at #7 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months LFWD outperformed by 23.9 percentage points (-25.5% for ACET against -1.6% for LFWD).

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.

ACET vs LFWD: side by side

ACET (Adicet Bio, Inc.)LFWD (Lifeward Ltd.)
1-year return-25.5%-1.6%
5-year return-93.0%-93.8%
Volatility (ann.)80.6%91.5%
Beta vs S&P 5001.881.20
Max drawdown (3Y)-88.9%-95.6%
Market cap$0.1B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: ACET -88.9% vs -95.6%Higher 5y return: ACET -93.0% vs -93.8%
-44%0%+47%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. ACET · LFWD

Year-by-year returns

YearACETLFWD
2022-48.9%-38.2%
2023-78.9%+2.4%
2024-49.1%-68.2%
2025-45.3%-66.6%
2026+7.0%+6.4%

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

Are ACET and LFWD good diversifiers for each other?

A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between ACET and LFWD?

The ACET/LFWD correlation stands at 0.36 on a 3-year window (1 year: 0.20, 5 years: 0.32), computed from weekly returns as of 2026-08-27.

Is LFWD a good diversifier for ACET?

A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.36 mean?

On the −1 to +1 scale, 0.36 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.

Use this data

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/acet-vs-lfwd.json

ACET vs LFWD: 3-year weekly correlation 0.36ACET vs LFWD0.36

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Related comparisons

Hubs: ACET correlations · LFWD correlations