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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

Correlation (3Y)
-0.25
negative
Correlation (1Y)
-0.48
last 12 months
Correlation (5Y)
-0.19
long-run
Ann. covariance
-1042.6
%² · weekly, annualized

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 500-0.660.07
Max drawdown (3Y)-98.8%-58.1%
Market cap
P/E (trailing)11.4
Dividend yield0.00%6.72%
Sector / categoryUS ListedUS Listed
Higher yield: CPB 6.72% vs 0.00%Smaller drawdown: CPB -58.1% vs -98.8%Higher 5y return: CPB -30.8% vs -98.5%
-67%0%+83%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). ACXP · CPB

Year-by-year returns

YearACXPCPB
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.

Use this data

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ACXP vs CPB: 3-year weekly correlation -0.25ACXP vs CPB-0.25

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Hubs: ACXP correlations · CPB correlations