ACI vs SAFT: Correlation
Measured on weekly returns over the past three years, Albertsons Companies, Inc. (ACI) and Safety Insurance Group, Inc. (SAFT) carry a correlation of -0.31, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACI and SAFT?
Over the past 3 years, ACI and SAFT moved with a correlation of -0.31, which is negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.52) than the 3-year average (-0.31). Over 5 years the correlation is -0.08, and the annualized covariance of weekly returns is -260.3 %².
Within ACI's tracked universe of 23 assets, SAFT comes in at #14 by 3-year correlation. The last year tells two different stories: SAFT led by 83.5 percentage points, -34.7% for ACI against +48.8% for SAFT.
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 SAFT: side by side
| ACI (Albertsons Companies, Inc.) | SAFT (Safety Insurance Group, Inc.) | |
|---|---|---|
| 1-year return | -34.7% | +48.8% |
| 5-year return | -36.3% | +58.1% |
| Volatility (ann.) | 26.9% | 30.8% |
| Beta vs S&P 500 | 0.08 | 0.17 |
| Max drawdown (3Y) | -49.1% | -20.1% |
| Market cap | $5.9B | $1.5B |
| P/E (trailing) | 76.4 | 22.3 |
| Dividend yield | 5.00% | 3.55% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACI | SAFT |
|---|---|---|
| 2022 | -6.8% | +3.1% |
| 2023 | +13.4% | -5.4% |
| 2024 | -12.5% | +13.3% |
| 2025 | -10.0% | -0.8% |
| 2026 | -26.3% | +36.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACI and SAFT good diversifiers for each other?
By historical standards, yes. A correlation of -0.31 means the two rarely move for the same reasons.
FAQ
What is the correlation between ACI and SAFT?
The ACI/SAFT correlation stands at -0.31 on a 3-year window (1 year: -0.52, 5 years: -0.08), computed from weekly returns as of 2026-08-27.
Is SAFT a good diversifier for ACI?
By historical standards, yes. A correlation of -0.31 means the two rarely move for the same reasons.
What does a correlation of -0.31 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-saft.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/aci-vs-saft/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ACI correlations · SAFT correlations
