ACON vs ROOT: Correlation
Measured on weekly returns over the past three years, Aclarion, Inc. (ACON) and Root, Inc. (ROOT) carry a correlation of -0.21, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACON and ROOT?
Over the past 3 years, ACON and ROOT moved with a correlation of -0.21, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.17) runs above the 3-year figure (-0.21). Over 5 years the correlation is -0.13, and the annualized covariance of weekly returns is -3675.3 %².
Among the 15 assets we track against ACON, ROOT sits near the bottom by co-movement, at rank #11. Correlation aside, the last 12 months split them widely, with ROOT ahead by 26.2 points (-64.3% versus -38.1%).
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 ROOT: side by side
| ACON (Aclarion, Inc.) | ROOT (Root, Inc.) | |
|---|---|---|
| 1-year return | -64.3% | -38.1% |
| 5-year return | -100.0% | -52.1% |
| Volatility (ann.) | 135.5% | 127.9% |
| Beta vs S&P 500 | 0.88 | 1.45 |
| Max drawdown (3Y) | -100.0% | -75.7% |
| Market cap | – | $0.9B |
| P/E (trailing) | – | 16.3 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACON | ROOT |
|---|---|---|
| 2022 | – | -92.0% |
| 2023 | -65.5% | +133.4% |
| 2024 | -95.5% | +592.7% |
| 2025 | -99.6% | -0.5% |
| 2026 | -45.2% | -23.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACON and ROOT good diversifiers for each other?
Yes. With a correlation of -0.21, ACON and ROOT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ACON and ROOT?
As of 2026-08-27, the correlation of weekly returns between ACON and ROOT is -0.21 over 3 years, 0.17 over 1 year and -0.13 over 5 years.
Is ROOT a good diversifier for ACON?
Yes. With a correlation of -0.21, ACON and ROOT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.21 mean?
On the −1 to +1 scale, -0.21 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/acon-vs-root.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/acon-vs-root/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ACON correlations · ROOT correlations
