ACI vs CKX: Correlation
Measured on weekly returns over the past three years, Albertsons Companies, Inc. (ACI) and CKX Lands, Inc. (CKX) carry a correlation of -0.24, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACI and CKX?
Over the past 3 years, ACI and CKX moved with a correlation of -0.24, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.31 lands near the 3-year figure. Over 5 years the correlation is 0.00, and the annualized covariance of weekly returns is -163.3 %².
By 3-year correlation, CKX places #12 of the 23 assets tracked against ACI. Correlation aside, the last 12 months split them widely, with CKX ahead by 29.6 points (-34.7% versus -5.1%).
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.
ACI vs CKX: side by side
| ACI (Albertsons Companies, Inc.) | CKX (CKX Lands, Inc.) | |
|---|---|---|
| 1-year return | -34.7% | -5.1% |
| 5-year return | -36.3% | -7.1% |
| Volatility (ann.) | 26.9% | 25.7% |
| Beta vs S&P 500 | 0.08 | 0.01 |
| Max drawdown (3Y) | -49.1% | -37.0% |
| Market cap | $5.9B | – |
| P/E (trailing) | 76.4 | 7.5 |
| Dividend yield | 5.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACI | CKX |
|---|---|---|
| 2022 | -6.8% | -11.2% |
| 2023 | +13.4% | +30.3% |
| 2024 | -12.5% | -2.8% |
| 2025 | -10.0% | -27.4% |
| 2026 | -26.3% | +16.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACI and CKX good diversifiers for each other?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ACI and CKX?
As of 2026-08-27, the correlation of weekly returns between ACI and CKX is -0.24 over 3 years, -0.31 over 1 year and 0.00 over 5 years.
Is CKX a good diversifier for ACI?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.24 mean?
On the −1 to +1 scale, -0.24 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/aci-vs-ckx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aci-vs-ckx/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ACI correlations · CKX correlations
