ACON vs BDMD: Correlation
How closely do Aclarion, Inc. (ACON) and Baird Medical Investment Holdings Ltd (BDMD) trade together? Their weekly returns over three years give a correlation of 0.36, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACON and BDMD?
On 3 years of weekly data the ACON/BDMD correlation comes out at 0.36, moderate. The link has loosened recently: the 1-year correlation (0.13) runs below the 3-year figure (0.36). The 5-year figure is 0.31, and annualized covariance runs at 9142.9 %².
By 3-year correlation, BDMD places #6 of the 15 assets tracked against ACON. On 12-month performance BDMD holds a 9.4-point edge, -64.3% against -54.9%.
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 BDMD: side by side
| ACON (Aclarion, Inc.) | BDMD (Baird Medical Investment Holdings Ltd) | |
|---|---|---|
| 1-year return | -64.3% | -54.9% |
| 5-year return | -100.0% | -88.5% |
| Volatility (ann.) | 135.5% | 187.8% |
| Beta vs S&P 500 | 0.88 | -0.54 |
| Max drawdown (3Y) | -100.0% | -93.6% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACON | BDMD |
|---|---|---|
| 2022 | – | +4.1% |
| 2023 | -65.5% | +4.4% |
| 2024 | -95.5% | -29.0% |
| 2025 | -99.6% | -82.1% |
| 2026 | -45.2% | -18.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACON and BDMD good diversifiers for each other?
Reasonably. At 0.36, ACON and BDMD keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ACON and BDMD?
As of 2026-08-27, the correlation of weekly returns between ACON and BDMD is 0.36 over 3 years, 0.13 over 1 year and 0.31 over 5 years.
Is BDMD a good diversifier for ACON?
Reasonably. At 0.36, ACON and BDMD keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.36 mean?
A reading of 0.36 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
$ curl https://www.pairbook.io/api/v1/pairs/acon-vs-bdmd.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/acon-vs-bdmd/)
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Related comparisons
Hubs: ACON correlations · BDMD correlations
