ACI vs PRPL: Correlation
Albertsons Companies, Inc. (ACI) and Purple Innovation, Inc. (PRPL) show a negative relationship: their 3-year correlation of weekly returns is -0.55.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACI and PRPL?
Across a 3-year window, the weekly returns of ACI and PRPL correlate at -0.55, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.65 lands near the 3-year figure. Stretching to 5 years gives -0.37, with an annualized covariance of -21701.0 %².
Among the 23 assets we track against ACI, PRPL sits near the bottom by co-movement, at rank #23. The last year tells two different stories: PRPL led by 339.2 percentage points, -34.7% for ACI against +304.5% for PRPL. Risk is not evenly split, since PRPL carries 54.5 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 PRPL: side by side
| ACI (Albertsons Companies, Inc.) | PRPL (Purple Innovation, Inc.) | |
|---|---|---|
| 1-year return | -34.7% | +304.5% |
| 5-year return | -36.3% | -82.0% |
| Volatility (ann.) | 26.9% | 1465.4% |
| Beta vs S&P 500 | 0.08 | -2.51 |
| Max drawdown (3Y) | -49.1% | -87.4% |
| 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 | PRPL |
|---|---|---|
| 2022 | -6.8% | -63.9% |
| 2023 | +13.4% | -78.3% |
| 2024 | -12.5% | -24.3% |
| 2025 | -10.0% | -11.4% |
| 2026 | -26.3% | +549.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACI and PRPL good diversifiers for each other?
Yes. With a correlation of -0.55, ACI and PRPL have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ACI and PRPL?
As of 2026-08-27, the correlation of weekly returns between ACI and PRPL is -0.55 over 3 years, -0.65 over 1 year and -0.37 over 5 years.
Is PRPL a good diversifier for ACI?
Yes. With a correlation of -0.55, ACI and PRPL have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.55 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-prpl.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aci-vs-prpl/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ACI correlations · PRPL correlations
