ACHC vs XWEL: Correlation
Acadia Healthcare Company, Inc. (ACHC) and XWELL, Inc. (XWEL) show a moderate relationship: their 3-year correlation of weekly returns is 0.35.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACHC and XWEL?
On 3 years of weekly data the ACHC/XWEL correlation comes out at 0.35, moderate. The past 12 months show a tighter link (0.49) than the 3-year average (0.35). The 5-year figure is 0.30, and annualized covariance runs at 3841.1 %².
Among the 10 assets we track against ACHC, XWEL ranks #4 by 3-year correlation. The last year tells two different stories: ACHC led by 43.7 percentage points, +36.2% for ACHC against -7.5% for XWEL. Risk is not evenly split, since XWEL carries 3.2 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.
ACHC vs XWEL: side by side
| ACHC (Acadia Healthcare Company, Inc.) | XWEL (XWELL, Inc.) | |
|---|---|---|
| 1-year return | +36.2% | -7.5% |
| 5-year return | -54.4% | -97.2% |
| Volatility (ann.) | 58.4% | 188.4% |
| Beta vs S&P 500 | 0.62 | 0.41 |
| Max drawdown (3Y) | -86.6% | -92.8% |
| Market cap | $2.8B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACHC | XWEL |
|---|---|---|
| 2022 | +35.6% | -82.2% |
| 2023 | -5.5% | -75.8% |
| 2024 | -49.0% | -13.2% |
| 2025 | -64.2% | -69.5% |
| 2026 | +113.0% | +115.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACHC and XWEL good diversifiers for each other?
Reasonably. At 0.35, ACHC and XWEL keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ACHC and XWEL?
The ACHC/XWEL correlation stands at 0.35 on a 3-year window (1 year: 0.49, 5 years: 0.30), computed from weekly returns as of 2026-08-27.
Is XWEL a good diversifier for ACHC?
Reasonably. At 0.35, ACHC and XWEL keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.35 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/achc-vs-xwel.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/achc-vs-xwel/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ACHC correlations · XWEL correlations
