PairBook
HomeACON › ACON vs CVNA

ACON vs CVNA: Correlation

How closely do Aclarion, Inc. (ACON) and Carvana (CVNA) trade together? Their weekly returns over three years give a correlation of -0.22, which is negative.

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

Correlation (3Y)
-0.22
negative
Correlation (1Y)
0.14
last 12 months
Correlation (5Y)
-0.01
long-run
Ann. covariance
-2171.1
%² · weekly, annualized

How correlated are ACON and CVNA?

On 3 years of weekly data the ACON/CVNA correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.14) runs above the 3-year figure (-0.22). The 5-year figure is -0.01, and annualized covariance runs at -2171.1 %².

Among the 15 assets we track against ACON, CVNA sits near the bottom by co-movement, at rank #12. Correlation aside, the last 12 months split them widely, with CVNA ahead by 65.1 points (-64.3% versus +0.8%). Note the risk asymmetry: ACON runs 1.8 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 CVNA: side by side

ACON (Aclarion, Inc.)CVNA (Carvana)
1-year return-64.3%+0.8%
5-year return-100.0%+9.7%
Volatility (ann.)135.5%73.7%
Beta vs S&P 5000.882.66
Max drawdown (3Y)-100.0%-53.5%
Market cap$82.1B
P/E (trailing)39.0
Dividend yield0.00%0.00%
Sector / categoryUS ListedConsumer Discretionary
Smaller drawdown: CVNA -53.5% vs -100.0%Higher 5y return: CVNA +9.7% vs -100.0%
-68%0%+32%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. ACON · CVNA

Year-by-year returns

YearACONCVNA
2022-98.0%
2023-65.5%+1016.9%
2024-95.5%+284.1%
2025-99.6%+107.5%
2026-45.2%-12.2%

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

Are ACON and CVNA good diversifiers for each other?

Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.

FAQ

What is the correlation between ACON and CVNA?

As of 2026-08-27, the correlation of weekly returns between ACON and CVNA is -0.22 over 3 years, 0.14 over 1 year and -0.01 over 5 years.

Is CVNA a good diversifier for ACON?

Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.

What does a correlation of -0.22 mean?

Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.

Use this data

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

ACON vs CVNA: 3-year weekly correlation -0.22ACON vs CVNA-0.22

Markdown for the live badge, attribution link included:

[![ACON vs CVNA correlation](https://www.pairbook.io/api/v1/badge/acon-vs-cvna.svg)](https://www.pairbook.io/pair/acon-vs-cvna/)

The core API is free. Terms and every endpoint in the API documentation.

Related comparisons

Hubs: ACON correlations · CVNA correlations