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ACIU vs EDIT: Correlation

AC Immune SA (ACIU) and Editas Medicine, Inc. (EDIT) show a moderate relationship: their 3-year correlation of weekly returns is 0.38.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.38
moderate
Correlation (1Y)
0.43
last 12 months
Correlation (5Y)
0.33
long-run
Ann. covariance
2262.8
%² · weekly, annualized

How correlated are ACIU and EDIT?

Across a 3-year window, the weekly returns of ACIU and EDIT correlate at 0.38, moderate. Recent behaviour matches the longer record: 0.43 over 1 year against 0.38 over 3. Stretching to 5 years gives 0.33, with an annualized covariance of 2262.8 %².

By 3-year correlation, EDIT places #4 of the 11 assets tracked against ACIU. The trailing year gives ACIU the advantage: +30.9% versus +23.6%, a 7.3-point spread.

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.

ACIU vs EDIT: side by side

ACIU (AC Immune SA)EDIT (Editas Medicine, Inc.)
1-year return+30.9%+23.6%
5-year return-61.2%-94.7%
Volatility (ann.)69.0%86.8%
Beta vs S&P 5001.202.56
Max drawdown (3Y)-70.4%-91.2%
Market cap$0.3B$0.5B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: ACIU -70.4% vs -91.2%Higher 5y return: ACIU -61.2% vs -94.7%
-36%0%+75%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. ACIU · EDIT

Year-by-year returns

YearACIUEDIT
2022-58.8%-66.6%
2023+145.1%+14.2%
2024-46.0%-87.5%
2025+16.3%+61.4%
2026-13.7%+61.0%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are ACIU and EDIT good diversifiers for each other?

A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between ACIU and EDIT?

The ACIU/EDIT correlation stands at 0.38 on a 3-year window (1 year: 0.43, 5 years: 0.33), computed from weekly returns as of 2026-08-27.

Is EDIT a good diversifier for ACIU?

A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.38 mean?

A reading of 0.38 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/aciu-vs-edit.json

ACIU vs EDIT: 3-year weekly correlation 0.38ACIU vs EDIT0.38

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Related comparisons

Hubs: ACIU correlations · EDIT correlations