ACN vs JRSH: Correlation
Accenture (ACN) and Jerash Holdings (US), Inc. (JRSH) show a negative relationship: their 3-year correlation of weekly returns is -0.23.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACN and JRSH?
Over the past 3 years, ACN and JRSH moved with a correlation of -0.23, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.48 versus -0.23 over 3 years. Over 5 years the correlation is -0.11, and the annualized covariance of weekly returns is -204.7 %².
JRSH is close to the least connected end of ACN's tracked universe, ranking #35 of 37. Correlation aside, the last 12 months split them widely, with JRSH ahead by 100.1 points (-25.6% versus +74.5%).
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 JRSH: side by side
| ACN (Accenture) | JRSH (Jerash Holdings (US), Inc.) | |
|---|---|---|
| 1-year return | -25.6% | +74.5% |
| 5-year return | -39.6% | -9.0% |
| Volatility (ann.) | 32.6% | 27.8% |
| Beta vs S&P 500 | 0.69 | 0.45 |
| Max drawdown (3Y) | -68.2% | -25.2% |
| Market cap | $114.7B | $0.1B |
| P/E (trailing) | 14.5 | 15.0 |
| Dividend yield | 3.59% | 3.55% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | ACN | JRSH |
|---|---|---|
| 2022 | -34.8% | -37.6% |
| 2023 | +33.6% | -15.5% |
| 2024 | +1.9% | +17.2% |
| 2025 | -22.6% | -5.4% |
| 2026 | -28.7% | +89.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACN and JRSH good diversifiers for each other?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ACN and JRSH?
Using weekly returns as of 2026-08-27: -0.23 over 3 years, with -0.48 over the last year and -0.11 over 5 years.
Is JRSH a good diversifier for ACN?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.23 mean?
On the −1 to +1 scale, -0.23 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-jrsh.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/acn-vs-jrsh/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ACN correlations · JRSH correlations
