ACON vs BJ: Correlation
How closely do Aclarion, Inc. (ACON) and BJ's Wholesale Club Holdings, Inc. (BJ) trade together? Their weekly returns over three years give a correlation of -0.24, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACON and BJ?
Across a 3-year window, the weekly returns of ACON and BJ correlate at -0.24, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.20) sits close to the 3-year figure. Stretching to 5 years gives -0.14, with an annualized covariance of -859.9 %².
BJ is close to the least connected end of ACON's tracked universe, ranking #13 of 15. Their recent paths diverged sharply: over the last 12 months BJ outperformed by 57.4 percentage points (-64.3% for ACON against -6.9% for BJ). Note the risk asymmetry: ACON runs 5.1 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 BJ: side by side
| ACON (Aclarion, Inc.) | BJ (BJ's Wholesale Club Holdings, Inc.) | |
|---|---|---|
| 1-year return | -64.3% | -6.9% |
| 5-year return | -100.0% | +59.5% |
| Volatility (ann.) | 135.5% | 26.4% |
| Beta vs S&P 500 | 0.88 | -0.14 |
| Max drawdown (3Y) | -100.0% | -30.1% |
| Market cap | – | $11.4B |
| P/E (trailing) | – | 20.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACON | BJ |
|---|---|---|
| 2022 | – | -1.2% |
| 2023 | -65.5% | +0.8% |
| 2024 | -95.5% | +34.0% |
| 2025 | -99.6% | +0.8% |
| 2026 | -45.2% | +0.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACON and BJ good diversifiers for each other?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
FAQ
What is the correlation between ACON and BJ?
The ACON/BJ correlation stands at -0.24 on a 3-year window (1 year: -0.20, 5 years: -0.14), computed from weekly returns as of 2026-08-27.
Is BJ a good diversifier for ACON?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
What does a correlation of -0.24 mean?
A reading of -0.24 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-bj.json
Embed this badge (it refreshes with the data), with attribution:
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The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ACON correlations · BJ correlations
