ACTG vs EML: Correlation
Acacia Research Corporation (ACTG) and Eastern Company (The) (EML) show a moderate relationship: their 3-year correlation of weekly returns is 0.43.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACTG and EML?
Across a 3-year window, the weekly returns of ACTG and EML correlate at 0.43, moderate. The link has loosened recently: the 1-year correlation (0.27) runs below the 3-year figure (0.43). Stretching to 5 years gives 0.31, with an annualized covariance of 556.1 %².
By 3-year correlation, EML places #6 of the 11 assets tracked against ACTG. Their recent paths diverged sharply: over the last 12 months ACTG outperformed by 24.6 percentage points (+36.5% for ACTG against +11.9% for EML).
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.
ACTG vs EML: side by side
| ACTG (Acacia Research Corporation) | EML (Eastern Company (The)) | |
|---|---|---|
| 1-year return | +36.5% | +11.9% |
| 5-year return | -23.8% | +6.9% |
| Volatility (ann.) | 32.8% | 39.5% |
| Beta vs S&P 500 | 0.69 | 0.99 |
| Max drawdown (3Y) | -50.0% | -47.0% |
| Market cap | $0.4B | $0.2B |
| P/E (trailing) | – | 19.8 |
| Dividend yield | 0.00% | 1.69% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACTG | EML |
|---|---|---|
| 2022 | -17.9% | -21.5% |
| 2023 | -6.9% | +16.8% |
| 2024 | +10.7% | +22.6% |
| 2025 | -13.8% | -24.4% |
| 2026 | +20.1% | +35.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACTG and EML good diversifiers for each other?
Reasonably. At 0.43, ACTG and EML keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ACTG and EML?
The ACTG/EML correlation stands at 0.43 on a 3-year window (1 year: 0.27, 5 years: 0.31), computed from weekly returns as of 2026-08-27.
Is EML a good diversifier for ACTG?
Reasonably. At 0.43, ACTG and EML keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.43 mean?
A reading of 0.43 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/actg-vs-eml.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/actg-vs-eml/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ACTG correlations · EML correlations
