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ACHR vs VEEA: Correlation

Measured on weekly returns over the past three years, Archer Aviation Inc. (ACHR) and Veea Inc. (VEEA) carry a correlation of 0.31, a moderate link.

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

Correlation (3Y)
0.31
moderate
Correlation (1Y)
0.33
last 12 months
Correlation (5Y)
0.23
long-run
Ann. covariance
2411.8
%² · weekly, annualized

How correlated are ACHR and VEEA?

Across a 3-year window, the weekly returns of ACHR and VEEA correlate at 0.31, moderate. The relationship has been stable: the 1-year correlation (0.33) sits close to the 3-year figure. Stretching to 5 years gives 0.23, with an annualized covariance of 2411.8 %².

Among the 26 assets we track against ACHR, VEEA sits near the bottom by co-movement, at rank #23. The last year tells two different stories: ACHR led by 48.2 percentage points, -35.2% for ACHR against -83.4% for VEEA.

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 VEEA: side by side

ACHR (Archer Aviation Inc.)VEEA (Veea Inc.)
1-year return-35.2%-83.4%
5-year return-40.7%-99.0%
Volatility (ann.)87.9%89.4%
Beta vs S&P 5003.181.23
Max drawdown (3Y)-67.4%-99.2%
Market cap$4.6B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: ACHR -67.4% vs -99.2%Higher 5y return: ACHR -40.7% vs -99.0%
-82%0%+52%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. ACHR · VEEA

Year-by-year returns

YearACHRVEEA
2022-69.0%+3.6%
2023+228.3%+7.6%
2024+58.8%-64.9%
2025-22.9%-83.3%
2026-21.1%-84.3%

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

Are ACHR and VEEA good diversifiers for each other?

A fair diversifier. At 0.31, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between ACHR and VEEA?

Using weekly returns as of 2026-08-27: 0.31 over 3 years, with 0.33 over the last year and 0.23 over 5 years.

Is VEEA a good diversifier for ACHR?

A fair diversifier. At 0.31, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.31 mean?

A reading of 0.31 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

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ACHR vs VEEA: 3-year weekly correlation 0.31ACHR vs VEEA0.31

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Related comparisons

Hubs: ACHR correlations · VEEA correlations