ACXP vs PCM: Correlation
How closely do Acurx Pharmaceuticals, Inc. (ACXP) and PCM Fund, Inc. (PCM) trade together? Their weekly returns over three years give a correlation of -0.30, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACXP and PCM?
Across a 3-year window, the weekly returns of ACXP and PCM correlate at -0.30, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.32 over 1 year against -0.30 over 3. Stretching to 5 years gives -0.17, with an annualized covariance of -979.5 %².
PCM is close to the least connected end of ACXP's tracked universe, ranking #30 of 32. Their recent paths diverged sharply: over the last 12 months PCM outperformed by 67.1 percentage points (-70.0% for ACXP against -2.9% for PCM). Risk is not evenly split, since ACXP carries 9.0 times the volatility of the other side.
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 PCM: side by side
| ACXP (Acurx Pharmaceuticals, Inc.) | PCM (PCM Fund, Inc.) | |
|---|---|---|
| 1-year return | -70.0% | -2.9% |
| 5-year return | -98.5% | -19.9% |
| Volatility (ann.) | 170.6% | 19.0% |
| Beta vs S&P 500 | -0.66 | 0.46 |
| Max drawdown (3Y) | -98.8% | -27.1% |
| Market cap | – | – |
| P/E (trailing) | – | 9.6 |
| Dividend yield | 0.00% | 14.25% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACXP | PCM |
|---|---|---|
| 2022 | -7.9% | -19.7% |
| 2023 | -3.8% | +12.4% |
| 2024 | -78.7% | +8.8% |
| 2025 | -84.7% | -10.1% |
| 2026 | -41.4% | -4.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACXP and PCM good diversifiers for each other?
By historical standards, yes. A correlation of -0.30 means the two rarely move for the same reasons.
FAQ
What is the correlation between ACXP and PCM?
As of 2026-08-27, the correlation of weekly returns between ACXP and PCM is -0.30 over 3 years, -0.32 over 1 year and -0.17 over 5 years.
Is PCM a good diversifier for ACXP?
By historical standards, yes. A correlation of -0.30 means the two rarely move for the same reasons.
What does a correlation of -0.30 mean?
A reading of -0.30 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/acxp-vs-pcm.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/acxp-vs-pcm/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ACXP correlations · PCM correlations
