ACXP vs CPB: Correlation
How closely do Acurx Pharmaceuticals, Inc. (ACXP) and The Campbell's Company (CPB) trade together? Their weekly returns over three years give a correlation of -0.25, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACXP and CPB?
Over the past 3 years, ACXP and CPB moved with a correlation of -0.25, which is negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.48) runs below the 3-year figure (-0.25). Over 5 years the correlation is -0.19, and the annualized covariance of weekly returns is -1042.6 %².
Among the 32 assets we track against ACXP, CPB ranks #25 by 3-year correlation. The last year tells two different stories: CPB led by 47.2 percentage points, -70.0% for ACXP against -22.8% for CPB. Note the risk asymmetry: ACXP runs 7.0 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.
ACXP vs CPB: side by side
| ACXP (Acurx Pharmaceuticals, Inc.) | CPB (The Campbell's Company) | |
|---|---|---|
| 1-year return | -70.0% | -22.8% |
| 5-year return | -98.5% | -30.8% |
| Volatility (ann.) | 170.6% | 24.5% |
| Beta vs S&P 500 | -0.66 | 0.07 |
| Max drawdown (3Y) | -98.8% | -58.1% |
| Market cap | – | – |
| P/E (trailing) | – | 11.4 |
| Dividend yield | 0.00% | 6.72% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACXP | CPB |
|---|---|---|
| 2022 | -7.9% | +34.8% |
| 2023 | -3.8% | -21.5% |
| 2024 | -78.7% | +0.1% |
| 2025 | -84.7% | -30.5% |
| 2026 | -41.4% | -12.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACXP and CPB good diversifiers for each other?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ACXP and CPB?
Using weekly returns as of 2026-08-27: -0.25 over 3 years, with -0.48 over the last year and -0.19 over 5 years.
Is CPB a good diversifier for ACXP?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.25 mean?
On the −1 to +1 scale, -0.25 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.
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Hubs: ACXP correlations · CPB correlations