ACR vs GPAT: Correlation
Measured on weekly returns over the past three years, ACRES Commercial Realty Corp. (ACR) and GP-Act III Acquisition Corp. - Class A (GPAT) carry a correlation of -0.27, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACR and GPAT?
On 3 years of weekly data the ACR/GPAT correlation comes out at -0.27, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.35) sits close to the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at -28.0 %².
Among the 13 assets we track against ACR, GPAT sits near the bottom by co-movement, at rank #13. Their recent paths diverged sharply: over the last 12 months GPAT outperformed by 35.8 percentage points (-32.4% for ACR against +3.4% for GPAT). One caveat on sizing: ACR is 10.3 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
ACR vs GPAT: side by side
| ACR (ACRES Commercial Realty Corp.) | GPAT (GP-Act III Acquisition Corp. - Class A) | |
|---|---|---|
| 1-year return | -32.4% | +3.4% |
| 5-year return | -14.8% | n/a |
| Volatility (ann.) | 32.9% | 3.2% |
| Beta vs S&P 500 | 0.30 | 0.05 |
| Max drawdown (3Y) | -41.3% | -2.1% |
| Market cap | $0.1B | $0.2B |
| P/E (trailing) | – | 44.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACR | GPAT |
|---|---|---|
| 2022 | -33.8% | – |
| 2023 | +16.5% | – |
| 2024 | +67.9% | – |
| 2025 | +32.1% | +5.4% |
| 2026 | -33.9% | +2.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACR and GPAT good diversifiers for each other?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
FAQ
What is the correlation between ACR and GPAT?
The ACR/GPAT correlation stands at -0.27 on a 3-year window (1 year: -0.35, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is GPAT a good diversifier for ACR?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
What does a correlation of -0.27 mean?
On the −1 to +1 scale, -0.27 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/acr-vs-gpat.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/acr-vs-gpat/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ACR correlations · GPAT correlations
