ACON vs PPCB: Correlation
Measured on weekly returns over the past three years, Aclarion, Inc. (ACON) and Propanc Biopharma, Inc. (PPCB) carry a correlation of -0.25, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACON and PPCB?
Across a 3-year window, the weekly returns of ACON and PPCB correlate at -0.25, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.10) than the 3-year average (-0.25). Stretching to 5 years gives -0.21, with an annualized covariance of -31969288.7 %².
Out of 15 assets tracked against ACON, PPCB lands near the bottom at #15. The last year tells two different stories: ACON led by 32.7 percentage points, -64.3% for ACON against -97.0% for PPCB. Risk is not evenly split, since PPCB carries 7101.1 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 PPCB: side by side
| ACON (Aclarion, Inc.) | PPCB (Propanc Biopharma, Inc.) | |
|---|---|---|
| 1-year return | -64.3% | -97.0% |
| 5-year return | -100.0% | -99.9% |
| Volatility (ann.) | 135.5% | 962193.8% |
| Beta vs S&P 500 | 0.88 | -3746.20 |
| Max drawdown (3Y) | -100.0% | -99.8% |
| Market cap | – | – |
| P/E (trailing) | – | 0.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACON | PPCB |
|---|---|---|
| 2022 | – | -98.6% |
| 2023 | -65.5% | -98.0% |
| 2024 | -95.5% | -98.3% |
| 2025 | -99.6% | +134050.0% |
| 2026 | -45.2% | -83.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACON and PPCB good diversifiers for each other?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ACON and PPCB?
Using weekly returns as of 2026-08-27: -0.25 over 3 years, with 0.10 over the last year and -0.21 over 5 years.
Is PPCB a good diversifier for ACON?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.25 mean?
A reading of -0.25 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-ppcb.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/acon-vs-ppcb/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ACON correlations · PPCB correlations
