ACET vs SWVL: Correlation
How closely do Adicet Bio, Inc. (ACET) and Swvl Holdings Corp (SWVL) trade together? Their weekly returns over three years give a correlation of 0.32, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACET and SWVL?
Over the past 3 years, ACET and SWVL moved with a correlation of 0.32, which is moderate. The past 12 months show a weaker link (0.21) than the 3-year average (0.32). Over 5 years the correlation is 0.22, and the annualized covariance of weekly returns is 3137.8 %².
Among the 15 assets we track against ACET, SWVL ranks #9 by 3-year correlation. On 12-month performance ACET holds a 11.9-point edge, -25.5% against -37.4%. Risk is not evenly split, since SWVL carries 1.5 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.
ACET vs SWVL: side by side
| ACET (Adicet Bio, Inc.) | SWVL (Swvl Holdings Corp) | |
|---|---|---|
| 1-year return | -25.5% | -37.4% |
| 5-year return | -93.0% | -99.1% |
| Volatility (ann.) | 80.6% | 122.0% |
| Beta vs S&P 500 | 1.88 | 1.20 |
| Max drawdown (3Y) | -88.9% | -92.3% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | 18.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACET | SWVL |
|---|---|---|
| 2022 | -48.9% | -98.6% |
| 2023 | -78.9% | -51.1% |
| 2024 | -49.1% | +281.3% |
| 2025 | -45.3% | -70.2% |
| 2026 | +7.0% | +16.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACET and SWVL good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.32 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ACET and SWVL?
Using weekly returns as of 2026-08-27: 0.32 over 3 years, with 0.21 over the last year and 0.22 over 5 years.
Is SWVL a good diversifier for ACET?
Yes, to a useful degree: a correlation of 0.32 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.32 mean?
A reading of 0.32 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/acet-vs-swvl.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/acet-vs-swvl/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ACET correlations · SWVL correlations
