ACHR vs LUNR: Correlation
Measured on weekly returns over the past three years, Archer Aviation Inc. (ACHR) and Intuitive Machines, Inc. (LUNR) carry a correlation of 0.49, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACHR and LUNR?
Across a 3-year window, the weekly returns of ACHR and LUNR correlate at 0.49, moderate. The link has tightened recently: the 1-year correlation (0.64) runs above the 3-year figure (0.49). Stretching to 5 years gives 0.19, with an annualized covariance of 4685.6 %².
Within ACHR's tracked universe of 26 assets, LUNR comes in at #13 by 3-year correlation. Correlation aside, the last 12 months split them widely, with LUNR ahead by 115.2 points (-35.2% versus +80.0%).
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.
ACHR vs LUNR: side by side
| ACHR (Archer Aviation Inc.) | LUNR (Intuitive Machines, Inc.) | |
|---|---|---|
| 1-year return | -35.2% | +80.0% |
| 5-year return | -40.7% | +67.7% |
| Volatility (ann.) | 87.9% | 109.4% |
| Beta vs S&P 500 | 3.18 | 3.31 |
| Max drawdown (3Y) | -67.4% | -75.1% |
| Market cap | $4.6B | $2.6B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACHR | LUNR |
|---|---|---|
| 2022 | -69.0% | +3.7% |
| 2023 | +228.3% | -74.4% |
| 2024 | +58.8% | +610.8% |
| 2025 | -22.9% | -10.6% |
| 2026 | -21.1% | -0.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACHR and LUNR good diversifiers for each other?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ACHR and LUNR?
As of 2026-08-27, the correlation of weekly returns between ACHR and LUNR is 0.49 over 3 years, 0.64 over 1 year and 0.19 over 5 years.
Is LUNR a good diversifier for ACHR?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.49 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/achr-vs-lunr.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/achr-vs-lunr/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ACHR correlations · LUNR correlations
