ACXP vs PCSA: Correlation
Acurx Pharmaceuticals, Inc. (ACXP) and Processa Pharmaceuticals, Inc. (PCSA) show a moderate relationship: their 3-year correlation of weekly returns is 0.37.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACXP and PCSA?
Across a 3-year window, the weekly returns of ACXP and PCSA correlate at 0.37, moderate. The link has loosened recently: the 1-year correlation (0.20) runs below the 3-year figure (0.37). Stretching to 5 years gives 0.34, with an annualized covariance of 9631.1 %².
By 3-year correlation, PCSA places #5 of the 32 assets tracked against ACXP. On 12-month performance PCSA holds a 9.6-point edge, -70.0% against -60.4%.
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 PCSA: side by side
| ACXP (Acurx Pharmaceuticals, Inc.) | PCSA (Processa Pharmaceuticals, Inc.) | |
|---|---|---|
| 1-year return | -70.0% | -60.4% |
| 5-year return | -98.5% | -99.9% |
| Volatility (ann.) | 170.6% | 153.6% |
| Beta vs S&P 500 | -0.66 | 1.04 |
| Max drawdown (3Y) | -98.8% | -99.6% |
| Market cap | – | – |
| P/E (trailing) | – | 3.3 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACXP | PCSA |
|---|---|---|
| 2022 | -7.9% | -77.6% |
| 2023 | -3.8% | -69.5% |
| 2024 | -78.7% | -86.8% |
| 2025 | -84.7% | -87.0% |
| 2026 | -41.4% | -26.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACXP and PCSA good diversifiers for each other?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ACXP and PCSA?
The ACXP/PCSA correlation stands at 0.37 on a 3-year window (1 year: 0.20, 5 years: 0.34), computed from weekly returns as of 2026-08-27.
Is PCSA a good diversifier for ACXP?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.37 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-pcsa.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/acxp-vs-pcsa/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ACXP correlations · PCSA correlations
