ACVA vs ODD: Correlation
How closely do ACV Auctions Inc. (ACVA) and ODDITY Tech Ltd. - Class A (ODD) trade together? Their weekly returns over three years give a correlation of 0.43, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACVA and ODD?
Across a 3-year window, the weekly returns of ACVA and ODD correlate at 0.43, moderate. The link has tightened recently: the 1-year correlation (0.55) runs above the 3-year figure (0.43). Stretching to 5 years gives n/a, with an annualized covariance of 1880.5 %².
By 3-year correlation, ODD places #9 of the 14 assets tracked against ACVA. Correlation aside, the last 12 months split them widely, with ACVA ahead by 37.9 points (-37.3% versus -75.2%).
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.
ACVA vs ODD: side by side
| ACVA (ACV Auctions Inc.) | ODD (ODDITY Tech Ltd. - Class A) | |
|---|---|---|
| 1-year return | -37.3% | -75.2% |
| 5-year return | -64.2% | n/a |
| Volatility (ann.) | 57.0% | 75.9% |
| Beta vs S&P 500 | 1.76 | 1.78 |
| Max drawdown (3Y) | -82.1% | -87.3% |
| Market cap | $1.2B | $0.7B |
| P/E (trailing) | – | 18.3 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACVA | ODD |
|---|---|---|
| 2022 | -56.4% | – |
| 2023 | +84.5% | – |
| 2024 | +42.6% | -9.7% |
| 2025 | -62.9% | -4.4% |
| 2026 | -10.0% | -62.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACVA and ODD good diversifiers for each other?
A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ACVA and ODD?
As of 2026-08-27, the correlation of weekly returns between ACVA and ODD is 0.43 over 3 years, 0.55 over 1 year and n/a over 5 years.
Is ODD a good diversifier for ACVA?
A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.43 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/acva-vs-odd.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/acva-vs-odd/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ACVA correlations · ODD correlations
