ACIC vs PMTS: Correlation
American Coastal Insurance Corporation (ACIC) and CPI Card Group Inc. (PMTS) show a moderate relationship: their 3-year correlation of weekly returns is 0.41.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACIC and PMTS?
Over the past 3 years, ACIC and PMTS moved with a correlation of 0.41, which is moderate. Recent behaviour matches the longer record: 0.36 over 1 year against 0.41 over 3. Over 5 years the correlation is 0.15, and the annualized covariance of weekly returns is 902.0 %².
PMTS is one of the assets that tracks ACIC most closely: it ranks #2 out of the 10 assets we track against ACIC. The last year tells two different stories: PMTS led by 92.8 percentage points, -6.3% for ACIC against +86.5% for PMTS. Note the risk asymmetry: PMTS runs 1.9 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
ACIC vs PMTS: side by side
| ACIC (American Coastal Insurance Corporation) | PMTS (CPI Card Group Inc.) | |
|---|---|---|
| 1-year return | -6.3% | +86.5% |
| 5-year return | +184.8% | +3.4% |
| Volatility (ann.) | 33.6% | 65.4% |
| Beta vs S&P 500 | 0.49 | 1.51 |
| Max drawdown (3Y) | -32.8% | -67.1% |
| Market cap | $0.4B | $0.3B |
| P/E (trailing) | 4.7 | 25.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACIC | PMTS |
|---|---|---|
| 2022 | -75.1% | +94.5% |
| 2023 | +792.5% | -46.8% |
| 2024 | +42.3% | +55.8% |
| 2025 | -2.5% | -50.9% |
| 2026 | -20.6% | +97.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACIC and PMTS good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ACIC and PMTS?
The ACIC/PMTS correlation stands at 0.41 on a 3-year window (1 year: 0.36, 5 years: 0.15), computed from weekly returns as of 2026-08-27.
Is PMTS a good diversifier for ACIC?
Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.41 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/acic-vs-pmts.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/acic-vs-pmts/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ACIC correlations · PMTS correlations
