ACFN vs SUPX: Correlation
How closely do Acorn Energy, Inc. (ACFN) and SuperX AI Technology Limited (SUPX) trade together? Their weekly returns over three years give a correlation of 0.33, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACFN and SUPX?
On 3 years of weekly data the ACFN/SUPX correlation comes out at 0.33, moderate. The past 12 months show a weaker link (0.22) than the 3-year average (0.33). The 5-year figure is n/a, and annualized covariance runs at 3160.4 %².
Among the 14 assets we track against ACFN, SUPX ranks #5 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months ACFN outperformed by 50.0 percentage points (-27.0% for ACFN against -77.0% for SUPX).
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.
ACFN vs SUPX: side by side
| ACFN (Acorn Energy, Inc.) | SUPX (SuperX AI Technology Limited) | |
|---|---|---|
| 1-year return | -27.0% | -77.0% |
| 5-year return | +122.5% | n/a |
| Volatility (ann.) | 81.3% | 115.6% |
| Beta vs S&P 500 | 0.68 | 0.01 |
| Max drawdown (3Y) | -58.1% | -92.3% |
| Market cap | $0.1B | $0.4B |
| P/E (trailing) | 33.9 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACFN | SUPX |
|---|---|---|
| 2022 | -44.4% | – |
| 2023 | +8.8% | – |
| 2024 | +193.8% | – |
| 2025 | -15.6% | +318.1% |
| 2026 | +36.8% | -37.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACFN and SUPX good diversifiers for each other?
A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ACFN and SUPX?
The ACFN/SUPX correlation stands at 0.33 on a 3-year window (1 year: 0.22, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is SUPX a good diversifier for ACFN?
A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.33 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/acfn-vs-supx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/acfn-vs-supx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ACFN correlations · SUPX correlations
