ACN vs GEV: Correlation
Accenture (ACN) and GE Vernova (GEV) show a negative relationship: their 3-year correlation of weekly returns is -0.24.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACN and GEV?
Across a 3-year window, the weekly returns of ACN and GEV correlate at -0.24, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.56) runs below the 3-year figure (-0.24). Stretching to 5 years gives n/a, with an annualized covariance of -384.8 %².
GEV is close to the least connected end of ACN's tracked universe, ranking #36 of 37. The last year tells two different stories: GEV led by 79.2 percentage points, -25.6% for ACN against +53.6% for GEV. This link changes with the market regime, having swung between -0.55 and 0.17 on a rolling one-year basis.
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 GEV: side by side
| ACN (Accenture) | GEV (GE Vernova) | |
|---|---|---|
| 1-year return | -25.6% | +53.6% |
| 5-year return | -39.6% | n/a |
| Volatility (ann.) | 32.6% | 45.8% |
| Beta vs S&P 500 | 0.69 | 1.42 |
| Max drawdown (3Y) | -68.2% | -38.3% |
| Market cap | $114.7B | $254.0B |
| P/E (trailing) | 14.5 | 27.3 |
| Dividend yield | 3.59% | 0.18% |
| Sector / category | Information Technology | Industrials |
Year-by-year returns
| Year | ACN | GEV |
|---|---|---|
| 2022 | -34.8% | – |
| 2023 | +33.6% | – |
| 2024 | +1.9% | – |
| 2025 | -22.6% | +99.0% |
| 2026 | -28.7% | +46.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACN and GEV good diversifiers for each other?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
FAQ
What is the correlation between ACN and GEV?
The ACN/GEV correlation stands at -0.24 on a 3-year window (1 year: -0.56, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is GEV a good diversifier for ACN?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
What does a correlation of -0.24 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/acn-vs-gev.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/acn-vs-gev/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ACN correlations · GEV correlations
