ACI vs CCG: Correlation
Measured on weekly returns over the past three years, Albertsons Companies, Inc. (ACI) and Cheche Group Inc. - Class A (CCG) carry a correlation of -0.54, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACI and CCG?
Over the past 3 years, ACI and CCG moved with a correlation of -0.54, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.65 versus -0.54 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -22949.1 %².
CCG is close to the least connected end of ACI's tracked universe, ranking #21 of 23. Their recent paths diverged sharply: over the last 12 months CCG outperformed by 1896.1 percentage points (-34.7% for ACI against +1861.4% for CCG). Risk is not evenly split, since CCG carries 58.0 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.
ACI vs CCG: side by side
| ACI (Albertsons Companies, Inc.) | CCG (Cheche Group Inc. - Class A) | |
|---|---|---|
| 1-year return | -34.7% | +1861.4% |
| 5-year return | -36.3% | n/a |
| Volatility (ann.) | 26.9% | 1560.5% |
| Beta vs S&P 500 | 0.08 | -3.24 |
| Max drawdown (3Y) | -49.1% | -99.5% |
| Market cap | $5.9B | – |
| P/E (trailing) | 76.4 | – |
| Dividend yield | 5.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACI | CCG |
|---|---|---|
| 2022 | -6.8% | – |
| 2023 | +13.4% | – |
| 2024 | -12.5% | -86.2% |
| 2025 | -10.0% | -6.7% |
| 2026 | -26.3% | +1856.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACI and CCG good diversifiers for each other?
Yes. With a correlation of -0.54, ACI and CCG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ACI and CCG?
Using weekly returns as of 2026-08-27: -0.54 over 3 years, with -0.65 over the last year and n/a over 5 years.
Is CCG a good diversifier for ACI?
Yes. With a correlation of -0.54, ACI and CCG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.54 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/aci-vs-ccg.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/aci-vs-ccg/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ACI correlations · CCG correlations
