CACI vs CLRO: Correlation
How closely do CACI International, Inc. (CACI) and ClearOne, Inc. (CLRO) trade together? Their weekly returns over three years give a correlation of 0.43, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CACI and CLRO?
Across a 3-year window, the weekly returns of CACI and CLRO correlate at 0.43, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.58 versus 0.43 over 3 years. Stretching to 5 years gives 0.33, with an annualized covariance of 2506.2 %².
Among the 16 assets we track against CACI, CLRO ranks #10 by 3-year correlation. The last year tells two different stories: CLRO led by 21.0 percentage points, +30.1% for CACI against +51.1% for CLRO. One caveat on sizing: CLRO is 4.7 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.
CACI vs CLRO: side by side
| CACI (CACI International, Inc.) | CLRO (ClearOne, Inc.) | |
|---|---|---|
| 1-year return | +30.1% | +51.1% |
| 5-year return | +146.9% | -59.8% |
| Volatility (ann.) | 35.3% | 165.8% |
| Beta vs S&P 500 | 0.56 | 2.00 |
| Max drawdown (3Y) | -42.9% | -87.2% |
| Market cap | $14.0B | – |
| P/E (trailing) | 25.8 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CACI | CLRO |
|---|---|---|
| 2022 | +11.7% | +17.8% |
| 2023 | +7.7% | +26.6% |
| 2024 | +24.8% | +5.4% |
| 2025 | +31.9% | -56.5% |
| 2026 | +19.0% | +17.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CACI and CLRO good diversifiers for each other?
A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CACI and CLRO?
As of 2026-08-27, the correlation of weekly returns between CACI and CLRO is 0.43 over 3 years, 0.58 over 1 year and 0.33 over 5 years.
Is CLRO a good diversifier for CACI?
A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.43 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/caci-vs-clro.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/caci-vs-clro/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CACI correlations · CLRO correlations
