ACNT vs GEVO: Correlation
Ascent Industries Co. (ACNT) and Gevo, Inc. (GEVO) show a negative relationship: their 3-year correlation of weekly returns is -0.21.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACNT and GEVO?
On 3 years of weekly data the ACNT/GEVO correlation comes out at -0.21, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.24) sits close to the 3-year figure. The 5-year figure is -0.03, and annualized covariance runs at -631.5 %².
By 3-year correlation, GEVO places #8 of the 16 assets tracked against ACNT. The last year tells two different stories: ACNT led by 36.6 percentage points, +31.0% for ACNT against -5.6% for GEVO. Risk is not evenly split, since GEVO carries 3.0 times the volatility of the other side.
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.
ACNT vs GEVO: side by side
| ACNT (Ascent Industries Co.) | GEVO (Gevo, Inc.) | |
|---|---|---|
| 1-year return | +31.0% | -5.6% |
| 5-year return | +37.0% | -72.4% |
| Volatility (ann.) | 31.2% | 95.1% |
| Beta vs S&P 500 | 0.09 | 1.49 |
| Max drawdown (3Y) | -31.8% | -69.0% |
| Market cap | $0.1B | $0.4B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACNT | GEVO |
|---|---|---|
| 2022 | -47.2% | -55.6% |
| 2023 | +10.3% | -38.9% |
| 2024 | +16.9% | +80.2% |
| 2025 | +44.8% | -4.3% |
| 2026 | -2.4% | -16.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACNT and GEVO good diversifiers for each other?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
FAQ
What is the correlation between ACNT and GEVO?
The ACNT/GEVO correlation stands at -0.21 on a 3-year window (1 year: -0.24, 5 years: -0.03), computed from weekly returns as of 2026-08-27.
Is GEVO a good diversifier for ACNT?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
What does a correlation of -0.21 mean?
On the −1 to +1 scale, -0.21 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/acnt-vs-gevo.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/acnt-vs-gevo/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ACNT correlations · GEVO correlations
