ACRV vs GDHG: Correlation
How closely do Acrivon Therapeutics, Inc. (ACRV) and Golden Heaven Group Holdings Ltd. - Class A (GDHG) trade together? Their weekly returns over three years give a correlation of -0.25, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACRV and GDHG?
Across a 3-year window, the weekly returns of ACRV and GDHG correlate at -0.25, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.08 versus -0.25 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of -4780.8 %².
Out of 14 assets tracked against ACRV, GDHG lands near the bottom at #11. The last year tells two different stories: ACRV led by 135.5 percentage points, +58.1% for ACRV against -77.4% for GDHG. Risk is not evenly split, since GDHG carries 2.2 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.
ACRV vs GDHG: side by side
| ACRV (Acrivon Therapeutics, Inc.) | GDHG (Golden Heaven Group Holdings Ltd. - Class A) | |
|---|---|---|
| 1-year return | +58.1% | -77.4% |
| 5-year return | n/a | n/a |
| Volatility (ann.) | 94.2% | 203.3% |
| Beta vs S&P 500 | 1.58 | 1.20 |
| Max drawdown (3Y) | -91.3% | -100.0% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | 0.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACRV | GDHG |
|---|---|---|
| 2023 | -57.3% | – |
| 2024 | +22.4% | -93.7% |
| 2025 | -60.0% | -99.8% |
| 2026 | -10.8% | -31.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACRV and GDHG good diversifiers for each other?
Yes. With a correlation of -0.25, ACRV and GDHG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ACRV and GDHG?
The ACRV/GDHG correlation stands at -0.25 on a 3-year window (1 year: -0.08, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is GDHG a good diversifier for ACRV?
Yes. With a correlation of -0.25, ACRV and GDHG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.25 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/acrv-vs-gdhg.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/acrv-vs-gdhg/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ACRV correlations · GDHG correlations
