ACXP vs SVCO: Correlation
Measured on weekly returns over the past three years, Acurx Pharmaceuticals, Inc. (ACXP) and Silvaco Group, Inc. (SVCO) carry a correlation of 0.44, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACXP and SVCO?
Over the past 3 years, ACXP and SVCO moved with a correlation of 0.44, which is moderate. The past 12 months show a tighter link (0.61) than the 3-year average (0.44). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 5942.3 %².
In ACXP's tracked universe of 32 assets, SVCO sits right near the top at #1. The last year tells two different stories: SVCO led by 117.2 percentage points, -70.0% for ACXP against +47.2% for SVCO. Note the risk asymmetry: ACXP runs 2.1 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 SVCO: side by side
| ACXP (Acurx Pharmaceuticals, Inc.) | SVCO (Silvaco Group, Inc.) | |
|---|---|---|
| 1-year return | -70.0% | +47.2% |
| 5-year return | -98.5% | n/a |
| Volatility (ann.) | 170.6% | 80.2% |
| Beta vs S&P 500 | -0.66 | 1.47 |
| Max drawdown (3Y) | -98.8% | -83.8% |
| Market cap | – | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACXP | SVCO |
|---|---|---|
| 2022 | -7.9% | – |
| 2023 | -3.8% | – |
| 2024 | -78.7% | – |
| 2025 | -84.7% | -49.9% |
| 2026 | -41.4% | +78.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACXP and SVCO good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ACXP and SVCO?
The ACXP/SVCO correlation stands at 0.44 on a 3-year window (1 year: 0.61, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is SVCO a good diversifier for ACXP?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.44 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-svco.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/acxp-vs-svco/)
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Related comparisons
Hubs: ACXP correlations · SVCO correlations
