ACRV vs SKYA: Correlation
Measured on weekly returns over the past three years, Acrivon Therapeutics, Inc. (ACRV) and SkyAI, Inc. (SKYA) carry a correlation of 0.35, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACRV and SKYA?
Across a 3-year window, the weekly returns of ACRV and SKYA correlate at 0.35, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.24 versus 0.35 over 3 years. Stretching to 5 years gives 0.29, with an annualized covariance of 4727.5 %².
Among the 14 assets we track against ACRV, SKYA ranks #7 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months ACRV outperformed by 148.2 percentage points (+58.1% for ACRV against -90.1% for SKYA). Note the risk asymmetry: SKYA runs 1.5 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 SKYA: side by side
| ACRV (Acrivon Therapeutics, Inc.) | SKYA (SkyAI, Inc.) | |
|---|---|---|
| 1-year return | +58.1% | -90.1% |
| 5-year return | n/a | -100.0% |
| Volatility (ann.) | 94.2% | 144.3% |
| Beta vs S&P 500 | 1.58 | 1.21 |
| Max drawdown (3Y) | -91.3% | -100.0% |
| 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 | ACRV | SKYA |
|---|---|---|
| 2023 | -57.3% | -65.6% |
| 2024 | +22.4% | -77.5% |
| 2025 | -60.0% | -99.7% |
| 2026 | -10.8% | -27.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACRV and SKYA good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.35 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ACRV and SKYA?
The ACRV/SKYA correlation stands at 0.35 on a 3-year window (1 year: 0.24, 5 years: 0.29), computed from weekly returns as of 2026-08-27.
Is SKYA a good diversifier for ACRV?
Yes, to a useful degree: a correlation of 0.35 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.35 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-skya.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/acrv-vs-skya/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ACRV correlations · SKYA correlations
