ACXP vs PSKY: Correlation
Measured on weekly returns over the past three years, Acurx Pharmaceuticals, Inc. (ACXP) and Paramount Skydance Corporation (PSKY) carry a correlation of -0.15, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACXP and PSKY?
On 3 years of weekly data the ACXP/PSKY correlation comes out at -0.15, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.28 versus -0.15 over 3 years. The 5-year figure is -0.09, and annualized covariance runs at -1367.2 %².
Among the 32 assets we track against ACXP, PSKY ranks #10 by 3-year correlation. The last year tells two different stories: PSKY led by 44.1 percentage points, -70.0% for ACXP against -25.9% for PSKY. Risk is not evenly split, since ACXP carries 3.1 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 PSKY: side by side
| ACXP (Acurx Pharmaceuticals, Inc.) | PSKY (Paramount Skydance Corporation) | |
|---|---|---|
| 1-year return | -70.0% | -25.9% |
| 5-year return | -98.5% | -69.8% |
| Volatility (ann.) | 170.6% | 54.4% |
| Beta vs S&P 500 | -0.66 | 0.92 |
| Max drawdown (3Y) | -98.8% | -59.9% |
| Market cap | – | $12.1B |
| P/E (trailing) | – | 360.0 |
| Dividend yield | 0.00% | 1.86% |
| Sector / category | US Listed | Communication Services |
Year-by-year returns
| Year | ACXP | PSKY |
|---|---|---|
| 2022 | -7.9% | -41.8% |
| 2023 | -3.8% | -10.4% |
| 2024 | -78.7% | -28.0% |
| 2025 | -84.7% | +30.0% |
| 2026 | -41.4% | -18.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACXP and PSKY good diversifiers for each other?
Yes: at -0.15, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ACXP and PSKY?
The ACXP/PSKY correlation stands at -0.15 on a 3-year window (1 year: -0.28, 5 years: -0.09), computed from weekly returns as of 2026-08-27.
Is PSKY a good diversifier for ACXP?
Yes: at -0.15, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.15 mean?
On the −1 to +1 scale, -0.15 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/acxp-vs-psky.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/acxp-vs-psky/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ACXP correlations · PSKY correlations
