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ACON vs BALL: Correlation

How closely do Aclarion, Inc. (ACON) and Ball Corporation (BALL) trade together? Their weekly returns over three years give a correlation of -0.18, which is negative.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.18
negative
Correlation (1Y)
-0.40
last 12 months
Correlation (5Y)
-0.12
long-run
Ann. covariance
-670.8
%² · weekly, annualized

How correlated are ACON and BALL?

Over the past 3 years, ACON and BALL moved with a correlation of -0.18, which is negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.40) than the 3-year average (-0.18). Over 5 years the correlation is -0.12, and the annualized covariance of weekly returns is -670.8 %².

Within ACON's tracked universe of 15 assets, BALL comes in at #10 by 3-year correlation. The last year tells two different stories: BALL led by 87.2 percentage points, -64.3% for ACON against +22.9% for BALL. Risk is not evenly split, since ACON carries 5.0 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.

ACON vs BALL: side by side

ACON (Aclarion, Inc.)BALL (Ball Corporation)
1-year return-64.3%+22.9%
5-year return-100.0%-29.3%
Volatility (ann.)135.5%26.9%
Beta vs S&P 5000.880.43
Max drawdown (3Y)-100.0%-35.6%
Market cap$16.8B
P/E (trailing)18.4
Dividend yield0.00%1.25%
Sector / categoryUS ListedMaterials
Higher yield: BALL 1.25% vs 0.00%Smaller drawdown: BALL -35.6% vs -100.0%Higher 5y return: BALL -29.3% vs -100.0%
-68%0%+33%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). ACON · BALL

Year-by-year returns

YearACONBALL
2022-46.2%
2023-65.5%+14.1%
2024-95.5%-3.0%
2025-99.6%-2.4%
2026-45.2%+20.4%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are ACON and BALL good diversifiers for each other?

Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.

FAQ

What is the correlation between ACON and BALL?

The ACON/BALL correlation stands at -0.18 on a 3-year window (1 year: -0.40, 5 years: -0.12), computed from weekly returns as of 2026-08-27.

Is BALL a good diversifier for ACON?

Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.

What does a correlation of -0.18 mean?

A reading of -0.18 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/acon-vs-ball.json

ACON vs BALL: 3-year weekly correlation -0.18ACON vs BALL-0.18

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Related comparisons

Hubs: ACON correlations · BALL correlations