ACIC vs PSIG: Correlation
How closely do American Coastal Insurance Corporation (ACIC) and PS International Group Ltd. (PSIG) trade together? Their weekly returns over three years give a correlation of -0.23, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACIC and PSIG?
Over the past 3 years, ACIC and PSIG moved with a correlation of -0.23, which is negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.38) runs below the 3-year figure (-0.23). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -933.7 %².
Among the 10 assets we track against ACIC, PSIG sits near the bottom by co-movement, at rank #10. Correlation aside, the last 12 months split them widely, with ACIC ahead by 47.6 points (-6.3% versus -53.9%). Note the risk asymmetry: PSIG runs 4.7 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 PSIG: side by side
| ACIC (American Coastal Insurance Corporation) | PSIG (PS International Group Ltd.) | |
|---|---|---|
| 1-year return | -6.3% | -53.9% |
| 5-year return | +184.8% | n/a |
| Volatility (ann.) | 33.6% | 157.0% |
| Beta vs S&P 500 | 0.49 | 0.97 |
| Max drawdown (3Y) | -32.8% | -96.0% |
| Market cap | $0.4B | – |
| P/E (trailing) | 4.7 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACIC | PSIG |
|---|---|---|
| 2022 | -75.1% | – |
| 2023 | +792.5% | – |
| 2024 | +42.3% | – |
| 2025 | -2.5% | +8.3% |
| 2026 | -20.6% | -62.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACIC and PSIG good diversifiers for each other?
Yes. With a correlation of -0.23, ACIC and PSIG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ACIC and PSIG?
Using weekly returns as of 2026-08-27: -0.23 over 3 years, with -0.38 over the last year and n/a over 5 years.
Is PSIG a good diversifier for ACIC?
Yes. With a correlation of -0.23, ACIC and PSIG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.23 mean?
A reading of -0.23 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/acic-vs-psig.json
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Related comparisons
Hubs: ACIC correlations · PSIG correlations
