ACN vs ALOT: Correlation
Accenture (ACN) and AstroNova, Inc. (ALOT) show a negative relationship: their 3-year correlation of weekly returns is -0.28.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACN and ALOT?
On 3 years of weekly data the ACN/ALOT correlation comes out at -0.28, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.51) than the 3-year average (-0.28). The 5-year figure is -0.18, and annualized covariance runs at -532.7 %².
Out of 37 assets tracked against ACN, ALOT lands near the bottom at #37. The last year tells two different stories: ALOT led by 192.1 percentage points, -25.6% for ACN against +166.5% for ALOT. Note the risk asymmetry: ALOT runs 1.8 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.
ACN vs ALOT: side by side
| ACN (Accenture) | ALOT (AstroNova, Inc.) | |
|---|---|---|
| 1-year return | -25.6% | +166.5% |
| 5-year return | -39.6% | +89.7% |
| Volatility (ann.) | 32.6% | 57.8% |
| Beta vs S&P 500 | 0.69 | 0.80 |
| Max drawdown (3Y) | -68.2% | -61.3% |
| Market cap | $114.7B | $0.2B |
| P/E (trailing) | 14.5 | – |
| Dividend yield | 3.59% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | ACN | ALOT |
|---|---|---|
| 2022 | -34.8% | -5.0% |
| 2023 | +33.6% | +26.8% |
| 2024 | +1.9% | -26.1% |
| 2025 | -22.6% | -28.0% |
| 2026 | -28.7% | +235.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACN and ALOT good diversifiers for each other?
Yes. With a correlation of -0.28, ACN and ALOT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ACN and ALOT?
As of 2026-08-27, the correlation of weekly returns between ACN and ALOT is -0.28 over 3 years, -0.51 over 1 year and -0.18 over 5 years.
Is ALOT a good diversifier for ACN?
Yes. With a correlation of -0.28, ACN and ALOT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.28 mean?
On the −1 to +1 scale, -0.28 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/acn-vs-alot.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/acn-vs-alot/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ACN correlations · ALOT correlations
