ACXP vs ROMA: Correlation
How closely do Acurx Pharmaceuticals, Inc. (ACXP) and Roma Green Finance Limited - Class A (ROMA) trade together? Their weekly returns over three years give a correlation of 0.39, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACXP and ROMA?
Across a 3-year window, the weekly returns of ACXP and ROMA correlate at 0.39, moderate. The past 12 months show a tighter link (0.56) than the 3-year average (0.39). Stretching to 5 years gives n/a, with an annualized covariance of 7701.9 %².
Within ACXP's tracked universe of 32 assets, ROMA comes in at #4 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months ROMA outperformed by 333.6 percentage points (-70.0% for ACXP against +263.6% for ROMA).
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 ROMA: side by side
| ACXP (Acurx Pharmaceuticals, Inc.) | ROMA (Roma Green Finance Limited - Class A) | |
|---|---|---|
| 1-year return | -70.0% | +263.6% |
| 5-year return | -98.5% | n/a |
| Volatility (ann.) | 170.6% | 122.9% |
| Beta vs S&P 500 | -0.66 | 0.47 |
| Max drawdown (3Y) | -98.8% | -88.0% |
| Market cap | – | $0.5B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACXP | ROMA |
|---|---|---|
| 2022 | -7.9% | – |
| 2023 | -3.8% | – |
| 2024 | -78.7% | – |
| 2025 | -84.7% | +116.7% |
| 2026 | -41.4% | +442.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACXP and ROMA good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ACXP and ROMA?
As of 2026-08-27, the correlation of weekly returns between ACXP and ROMA is 0.39 over 3 years, 0.56 over 1 year and n/a over 5 years.
Is ROMA a good diversifier for ACXP?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.39 mean?
On the −1 to +1 scale, 0.39 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-roma.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/acxp-vs-roma/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ACXP correlations · ROMA correlations
