ACRV vs MLGO: Correlation
Measured on weekly returns over the past three years, Acrivon Therapeutics, Inc. (ACRV) and MicroAlgo, Inc. (MLGO) carry a correlation of -0.31, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACRV and MLGO?
Across a 3-year window, the weekly returns of ACRV and MLGO correlate at -0.31, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.21 versus -0.31 over 3 years. Stretching to 5 years gives -0.27, with an annualized covariance of -14499.8 %².
Out of 14 assets tracked against ACRV, MLGO lands near the bottom at #14. Correlation aside, the last 12 months split them widely, with ACRV ahead by 111.0 points (+58.1% versus -52.9%). Risk is not evenly split, since MLGO carries 5.2 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 MLGO: side by side
| ACRV (Acrivon Therapeutics, Inc.) | MLGO (MicroAlgo, Inc.) | |
|---|---|---|
| 1-year return | +58.1% | -52.9% |
| 5-year return | n/a | -100.0% |
| Volatility (ann.) | 94.2% | 489.7% |
| Beta vs S&P 500 | 1.58 | -2.77 |
| Max drawdown (3Y) | -91.3% | -100.0% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | 1.9 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACRV | MLGO |
|---|---|---|
| 2022 | – | -87.6% |
| 2023 | -57.3% | -27.0% |
| 2024 | +22.4% | -97.9% |
| 2025 | -60.0% | -96.1% |
| 2026 | -10.8% | -6.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACRV and MLGO good diversifiers for each other?
Yes. With a correlation of -0.31, ACRV and MLGO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ACRV and MLGO?
The ACRV/MLGO correlation stands at -0.31 on a 3-year window (1 year: 0.21, 5 years: -0.27), computed from weekly returns as of 2026-08-27.
Is MLGO a good diversifier for ACRV?
Yes. With a correlation of -0.31, ACRV and MLGO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.31 mean?
On the −1 to +1 scale, -0.31 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/acrv-vs-mlgo.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/acrv-vs-mlgo/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ACRV correlations · MLGO correlations
