ACMR vs CLVT: Correlation
How closely do ACM Research, Inc. (ACMR) and Clarivate Plc (CLVT) trade together? Their weekly returns over three years give a correlation of -0.22, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACMR and CLVT?
Across a 3-year window, the weekly returns of ACMR and CLVT correlate at -0.22, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.36) runs below the 3-year figure (-0.22). Stretching to 5 years gives -0.08, with an annualized covariance of -1064.2 %².
CLVT is close to the least connected end of ACMR's tracked universe, ranking #9 of 13. Their recent paths diverged sharply: over the last 12 months ACMR outperformed by 236.3 percentage points (+181.6% for ACMR against -54.7% for CLVT).
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.
ACMR vs CLVT: side by side
| ACMR (ACM Research, Inc.) | CLVT (Clarivate Plc) | |
|---|---|---|
| 1-year return | +181.6% | -54.7% |
| 5-year return | +173.8% | -91.9% |
| Volatility (ann.) | 80.8% | 59.3% |
| Beta vs S&P 500 | 2.07 | 0.99 |
| Max drawdown (3Y) | -58.4% | -82.2% |
| Market cap | $5.6B | $1.3B |
| P/E (trailing) | 37.3 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACMR | CLVT |
|---|---|---|
| 2022 | -72.9% | -64.5% |
| 2023 | +153.4% | +11.0% |
| 2024 | -22.7% | -45.1% |
| 2025 | +161.3% | -34.3% |
| 2026 | +104.0% | -39.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACMR and CLVT good diversifiers for each other?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
FAQ
What is the correlation between ACMR and CLVT?
As of 2026-08-27, the correlation of weekly returns between ACMR and CLVT is -0.22 over 3 years, -0.36 over 1 year and -0.08 over 5 years.
Is CLVT a good diversifier for ACMR?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
What does a correlation of -0.22 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/acmr-vs-clvt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/acmr-vs-clvt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ACMR correlations · CLVT correlations
