ACNT vs PRSO: Correlation
How closely do Ascent Industries Co. (ACNT) and Peraso Inc. (PRSO) trade together? Their weekly returns over three years give a correlation of -0.28, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACNT and PRSO?
Over the past 3 years, ACNT and PRSO moved with a correlation of -0.28, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.60 versus -0.28 over 3 years. Over 5 years the correlation is -0.12, and the annualized covariance of weekly returns is -1158.4 %².
Among the 16 assets we track against ACNT, PRSO ranks #11 by 3-year correlation. The last year tells two different stories: ACNT led by 55.4 percentage points, +31.0% for ACNT against -24.4% for PRSO. One caveat on sizing: PRSO is 4.2 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 PRSO: side by side
| ACNT (Ascent Industries Co.) | PRSO (Peraso Inc.) | |
|---|---|---|
| 1-year return | +31.0% | -24.4% |
| 5-year return | +37.0% | -99.7% |
| Volatility (ann.) | 31.2% | 130.5% |
| Beta vs S&P 500 | 0.09 | 0.93 |
| Max drawdown (3Y) | -31.8% | -95.6% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACNT | PRSO |
|---|---|---|
| 2022 | -47.2% | -82.6% |
| 2023 | +10.3% | -61.6% |
| 2024 | +16.9% | -89.6% |
| 2025 | +44.8% | -25.0% |
| 2026 | -2.4% | -25.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACNT and PRSO good diversifiers for each other?
Yes: at -0.28, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ACNT and PRSO?
Using weekly returns as of 2026-08-27: -0.28 over 3 years, with -0.60 over the last year and -0.12 over 5 years.
Is PRSO a good diversifier for ACNT?
Yes: at -0.28, the two have gone their own ways historically, which is what genuine diversification looks like.
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/acnt-vs-prso.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/acnt-vs-prso/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ACNT correlations · PRSO correlations
