ACXP vs LOW: Correlation
Acurx Pharmaceuticals, Inc. (ACXP) and Lowe's (LOW) show a negative relationship: their 3-year correlation of weekly returns is -0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACXP and LOW?
Over the past 3 years, ACXP and LOW moved with a correlation of -0.22, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.32) sits close to the 3-year figure. Over 5 years the correlation is -0.13, and the annualized covariance of weekly returns is -921.4 %².
Within ACXP's tracked universe of 32 assets, LOW comes in at #22 by 3-year correlation. The last year tells two different stories: LOW led by 51.6 percentage points, -70.0% for ACXP against -18.4% for LOW. Note the risk asymmetry: ACXP runs 6.9 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 LOW: side by side
| ACXP (Acurx Pharmaceuticals, Inc.) | LOW (Lowe's) | |
|---|---|---|
| 1-year return | -70.0% | -18.4% |
| 5-year return | -98.5% | +11.1% |
| Volatility (ann.) | 170.6% | 24.8% |
| Beta vs S&P 500 | -0.66 | 0.83 |
| Max drawdown (3Y) | -98.8% | -29.0% |
| Market cap | – | – |
| P/E (trailing) | – | 17.8 |
| Dividend yield | 0.00% | 2.31% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | ACXP | LOW |
|---|---|---|
| 2022 | -7.9% | -21.5% |
| 2023 | -3.8% | +14.0% |
| 2024 | -78.7% | +13.0% |
| 2025 | -84.7% | -0.3% |
| 2026 | -41.4% | -12.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACXP and LOW good diversifiers for each other?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ACXP and LOW?
The ACXP/LOW correlation stands at -0.22 on a 3-year window (1 year: -0.32, 5 years: -0.13), computed from weekly returns as of 2026-08-27.
Is LOW a good diversifier for ACXP?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.22 mean?
A reading of -0.22 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: ACXP correlations · LOW correlations
