ACXP vs GSUN: Correlation
Measured on weekly returns over the past three years, Acurx Pharmaceuticals, Inc. (ACXP) and Golden Sun Technology Group Limited - Class A (GSUN) carry a correlation of -0.27, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACXP and GSUN?
Across a 3-year window, the weekly returns of ACXP and GSUN correlate at -0.27, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.37 over 1 year against -0.27 over 3. Stretching to 5 years gives -0.19, with an annualized covariance of -5522.4 %².
By 3-year correlation, GSUN places #26 of the 32 assets tracked against ACXP. The last year tells two different stories: ACXP led by 17.9 percentage points, -70.0% for ACXP against -87.9% for GSUN.
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 GSUN: side by side
| ACXP (Acurx Pharmaceuticals, Inc.) | GSUN (Golden Sun Technology Group Limited - Class A) | |
|---|---|---|
| 1-year return | -70.0% | -87.9% |
| 5-year return | -98.5% | -99.8% |
| Volatility (ann.) | 170.6% | 120.6% |
| Beta vs S&P 500 | -0.66 | 1.12 |
| Max drawdown (3Y) | -98.8% | -98.1% |
| Market cap | – | – |
| P/E (trailing) | – | 0.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACXP | GSUN |
|---|---|---|
| 2022 | -7.9% | – |
| 2023 | -3.8% | -46.3% |
| 2024 | -78.7% | -55.0% |
| 2025 | -84.7% | -57.2% |
| 2026 | -41.4% | -70.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACXP and GSUN good diversifiers for each other?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
FAQ
What is the correlation between ACXP and GSUN?
The ACXP/GSUN correlation stands at -0.27 on a 3-year window (1 year: -0.37, 5 years: -0.19), computed from weekly returns as of 2026-08-27.
Is GSUN a good diversifier for ACXP?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
What does a correlation of -0.27 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/acxp-vs-gsun.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/acxp-vs-gsun/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ACXP correlations · GSUN correlations
