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ACHV vs WHWK: Correlation

Achieve Life Sciences, Inc. (ACHV) and Whitehawk Therapeutics, Inc. (WHWK) 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

Correlation (3Y)
0.35
moderate
Correlation (1Y)
0.43
last 12 months
Correlation (5Y)
0.28
long-run
Ann. covariance
1995.9
%² · weekly, annualized

How correlated are ACHV and WHWK?

On 3 years of weekly data the ACHV/WHWK correlation comes out at 0.35, moderate. Recent behaviour matches the longer record: 0.43 over 1 year against 0.35 over 3. The 5-year figure is 0.28, and annualized covariance runs at 1995.9 %².

Out of 13 assets tracked against ACHV, WHWK lands near the bottom at #9. On 12-month performance ACHV holds a 5.4-point edge, +174.5% against +169.1%.

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.

ACHV vs WHWK: side by side

ACHV (Achieve Life Sciences, Inc.)WHWK (Whitehawk Therapeutics, Inc.)
1-year return+174.5%+169.1%
5-year return+3.2%-80.9%
Volatility (ann.)81.5%69.1%
Beta vs S&P 5002.081.03
Max drawdown (3Y)-66.2%-80.6%
Market cap$0.8B$0.3B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: ACHV -66.2% vs -80.6%Higher 5y return: ACHV +3.2% vs -80.9%
-6%0%+189%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). ACHV · WHWK

Year-by-year returns

YearACHVWHWK
2022-68.5%-46.9%
2023+68.2%-84.3%
2024-14.6%+56.2%
2025+41.2%-23.3%
2026+64.6%+101.2%

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

Are ACHV and WHWK good diversifiers for each other?

A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between ACHV and WHWK?

As of 2026-08-27, the correlation of weekly returns between ACHV and WHWK is 0.35 over 3 years, 0.43 over 1 year and 0.28 over 5 years.

Is WHWK a good diversifier for ACHV?

A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

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.

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ACHV vs WHWK: 3-year weekly correlation 0.35ACHV vs WHWK0.35

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Hubs: ACHV correlations · WHWK correlations