ACXP vs PDCC: Correlation
How closely do Acurx Pharmaceuticals, Inc. (ACXP) and Pearl Diver Credit Company Inc. (PDCC) trade together? Their weekly returns over three years give a correlation of -0.34, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACXP and PDCC?
On 3 years of weekly data the ACXP/PDCC correlation comes out at -0.34, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.48) than the 3-year average (-0.34). The 5-year figure is n/a, and annualized covariance runs at -1566.6 %².
Out of 32 assets tracked against ACXP, PDCC lands near the bottom at #32. The last year tells two different stories: PDCC led by 32.0 percentage points, -70.0% for ACXP against -38.0% for PDCC. One caveat on sizing: ACXP is 6.5 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 PDCC: side by side
| ACXP (Acurx Pharmaceuticals, Inc.) | PDCC (Pearl Diver Credit Company Inc.) | |
|---|---|---|
| 1-year return | -70.0% | -38.0% |
| 5-year return | -98.5% | n/a |
| Volatility (ann.) | 170.6% | 26.4% |
| Beta vs S&P 500 | -0.66 | 0.17 |
| Max drawdown (3Y) | -98.8% | -47.3% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACXP | PDCC |
|---|---|---|
| 2022 | -7.9% | – |
| 2023 | -3.8% | – |
| 2024 | -78.7% | – |
| 2025 | -84.7% | -20.9% |
| 2026 | -41.4% | -27.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACXP and PDCC good diversifiers for each other?
Yes: at -0.34, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ACXP and PDCC?
As of 2026-08-27, the correlation of weekly returns between ACXP and PDCC is -0.34 over 3 years, -0.48 over 1 year and n/a over 5 years.
Is PDCC a good diversifier for ACXP?
Yes: at -0.34, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.34 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-pdcc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/acxp-vs-pdcc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ACXP correlations · PDCC correlations
