ACN vs GDYN: Correlation
Accenture (ACN) and Grid Dynamics Holdings, Inc. (GDYN) show a strong relationship: their 3-year correlation of weekly returns is 0.64.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACN and GDYN?
Across a 3-year window, the weekly returns of ACN and GDYN correlate at 0.64, strong. Recent behaviour matches the longer record: 0.68 over 1 year against 0.64 over 3. Stretching to 5 years gives 0.56, with an annualized covariance of 1012.4 %².
Within ACN's tracked universe of 37 assets, GDYN comes in at #7 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months GDYN outperformed by 23.4 percentage points (-25.6% for ACN against -2.2% for GDYN).
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 GDYN: side by side
| ACN (Accenture) | GDYN (Grid Dynamics Holdings, Inc.) | |
|---|---|---|
| 1-year return | -25.6% | -2.2% |
| 5-year return | -39.6% | -70.4% |
| Volatility (ann.) | 32.6% | 48.4% |
| Beta vs S&P 500 | 0.69 | 1.54 |
| Max drawdown (3Y) | -68.2% | -78.3% |
| Market cap | $114.7B | $0.6B |
| P/E (trailing) | 14.5 | 263.0 |
| Dividend yield | 3.59% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | ACN | GDYN |
|---|---|---|
| 2022 | -34.8% | -70.5% |
| 2023 | +33.6% | +18.8% |
| 2024 | +1.9% | +66.8% |
| 2025 | -22.6% | -59.4% |
| 2026 | -28.7% | -12.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACN and GDYN good diversifiers for each other?
Somewhat, no more. With 0.64 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between ACN and GDYN?
As of 2026-08-27, the correlation of weekly returns between ACN and GDYN is 0.64 over 3 years, 0.68 over 1 year and 0.56 over 5 years.
Is GDYN a good diversifier for ACN?
Somewhat, no more. With 0.64 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.64 mean?
A reading of 0.64 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/acn-vs-gdyn.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/acn-vs-gdyn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ACN correlations · GDYN correlations
