ACRV vs TPCS: Correlation
How closely do Acrivon Therapeutics, Inc. (ACRV) and TechPrecision Corporation (TPCS) trade together? Their weekly returns over three years give a correlation of 0.36, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACRV and TPCS?
Over the past 3 years, ACRV and TPCS moved with a correlation of 0.36, which is moderate. The relationship has been stable: the 1-year correlation (0.34) sits close to the 3-year figure. Over 5 years the correlation is 0.31, and the annualized covariance of weekly returns is 2398.5 %².
Among the 14 assets we track against ACRV, TPCS ranks #6 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months ACRV outperformed by 54.6 percentage points (+58.1% for ACRV against +3.5% for TPCS).
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 TPCS: side by side
| ACRV (Acrivon Therapeutics, Inc.) | TPCS (TechPrecision Corporation) | |
|---|---|---|
| 1-year return | +58.1% | +3.5% |
| 5-year return | n/a | -11.6% |
| Volatility (ann.) | 94.2% | 71.2% |
| Beta vs S&P 500 | 1.58 | 0.74 |
| Max drawdown (3Y) | -91.3% | -71.6% |
| 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 | TPCS |
|---|---|---|
| 2022 | – | +2.0% |
| 2023 | -57.3% | -37.4% |
| 2024 | +22.4% | -29.5% |
| 2025 | -60.0% | +32.3% |
| 2026 | -10.8% | +14.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACRV and TPCS good diversifiers for each other?
A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ACRV and TPCS?
As of 2026-08-27, the correlation of weekly returns between ACRV and TPCS is 0.36 over 3 years, 0.34 over 1 year and 0.31 over 5 years.
Is TPCS a good diversifier for ACRV?
A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.36 mean?
On the −1 to +1 scale, 0.36 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-tpcs.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/acrv-vs-tpcs/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ACRV correlations · TPCS correlations
