ACR vs ISPR: Correlation
How closely do ACRES Commercial Realty Corp. (ACR) and Ispire Technology Inc. (ISPR) 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
How correlated are ACR and ISPR?
On 3 years of weekly data the ACR/ISPR correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.28) sits close to the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at -625.4 %².
Among the 13 assets we track against ACR, ISPR sits near the bottom by co-movement, at rank #9. Their recent paths diverged sharply: over the last 12 months ACR outperformed by 22.1 percentage points (-32.4% for ACR against -54.5% for ISPR). One caveat on sizing: ISPR is 2.6 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 ISPR: side by side
| ACR (ACRES Commercial Realty Corp.) | ISPR (Ispire Technology Inc.) | |
|---|---|---|
| 1-year return | -32.4% | -54.5% |
| 5-year return | -14.8% | n/a |
| Volatility (ann.) | 32.9% | 85.1% |
| Beta vs S&P 500 | 0.30 | 1.12 |
| Max drawdown (3Y) | -41.3% | -93.3% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACR | ISPR |
|---|---|---|
| 2022 | -33.8% | – |
| 2023 | +16.5% | – |
| 2024 | +67.9% | -58.5% |
| 2025 | +32.1% | -44.3% |
| 2026 | -33.9% | -49.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACR and ISPR 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 ACR and ISPR?
The ACR/ISPR correlation stands at -0.22 on a 3-year window (1 year: -0.28, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is ISPR a good diversifier for ACR?
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
$ curl https://www.pairbook.io/api/v1/pairs/acr-vs-ispr.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/acr-vs-ispr/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ACR correlations · ISPR correlations
