ACIW vs CPF: Correlation
Measured on weekly returns over the past three years, ACI Worldwide, Inc. (ACIW) and Central Pacific Financial Corp New (CPF) carry a correlation of 0.58, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACIW and CPF?
Across a 3-year window, the weekly returns of ACIW and CPF correlate at 0.58, moderate. The relationship has been stable: the 1-year correlation (0.52) sits close to the 3-year figure. Stretching to 5 years gives 0.39, with an annualized covariance of 541.9 %².
By 3-year correlation, CPF places #4 of the 20 assets tracked against ACIW. The trailing year gives CPF the advantage: +11.8% versus +24.4%, a 12.6-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.
ACIW vs CPF: side by side
| ACIW (ACI Worldwide, Inc.) | CPF (Central Pacific Financial Corp New) | |
|---|---|---|
| 1-year return | +11.8% | +24.4% |
| 5-year return | +69.0% | +85.5% |
| Volatility (ann.) | 35.3% | 26.5% |
| Beta vs S&P 500 | 1.07 | 0.84 |
| Max drawdown (3Y) | -35.0% | -25.2% |
| Market cap | $5.5B | $1.0B |
| P/E (trailing) | 24.3 | 12.2 |
| Dividend yield | 0.00% | 2.97% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACIW | CPF |
|---|---|---|
| 2022 | -33.7% | -24.7% |
| 2023 | +33.0% | +2.9% |
| 2024 | +69.6% | +54.3% |
| 2025 | -7.9% | +11.3% |
| 2026 | +13.4% | +23.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACIW and CPF good diversifiers for each other?
To a limited degree. At 0.58 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between ACIW and CPF?
As of 2026-08-27, the correlation of weekly returns between ACIW and CPF is 0.58 over 3 years, 0.52 over 1 year and 0.39 over 5 years.
Is CPF a good diversifier for ACIW?
To a limited degree. At 0.58 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.58 mean?
On the −1 to +1 scale, 0.58 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/aciw-vs-cpf.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/aciw-vs-cpf/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ACIW correlations · CPF correlations
