ZW Data Correlations

CNET Stock

USD 0.72 -0.03 -4.65%

The current 90-days correlation between ZW Data Action and Baosheng Media Group is 0.06 (i.e., Significant diversification).Correlation analysis for ZW Data quantifies the degree to which its price movements mirror or diverge from those of related assets. A coefficient near +1 signals strong co-movement, while a coefficient near -1 indicates consistent opposite movement.

ZW Data vs Market Correlation

Good diversification

For the present investment horizon, the measured correlation between CNET and DJI stands at -0.06, or Good diversification. This matters because lower overlap can improve diversification, while higher overlap leaves more of the same risk inside the portfolio.

Build AI portfolio with CNET Stock

ZW Data has a market cap of 2.45 M, operating margin of -8.91%, ROE of -49.51%. Use Trending Equities to explore allocation context. This includes a position in ZW Data Action within the portfolio mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in discontinued.

Moving together with CNET Stock

0.85	IBM	International Business	Pair Corr
0.76	HPQ	HP Inc	Pair Corr
0.77	DIS	Walt Disney	Pair Corr

Moving against CNET Stock

0.91	T	ATT Inc Earnings Call This Week	Pair Corr
0.9	XOM	Exxon Mobil Corp Aggressive Push	Pair Corr
0.9	CVX	Chevron Corp	Pair Corr
0.88	MCD	McDonalds	Pair Corr
0.87	PMM	Putnam Managed Municipal	Pair Corr
0.87	MRK	Merck Company	Pair Corr
0.86	CLLNY	Cellnex Telecom SA	Pair Corr
0.85	CCO	Clear Channel Outdoor	Pair Corr
0.85	CAT	Caterpillar	Pair Corr
0.83	WMT	Walmart Common Stock Aggressive Push	Pair Corr
0.83	PFE	Pfizer Inc	Pair Corr
0.63	GE	GE Aerospace	Pair Corr
0.57	SA	Seabridge Gold Sell-off Trend	Pair Corr
0.55	AA	Alcoa Corp	Pair Corr
0.43	INTC	Intel Sell-off Trend	Pair Corr
0.4	CSCO	Cisco Systems Aggressive Push	Pair Corr
0.38	SCDCF	Scandium Canada	Pair Corr

Related Correlations Analysis

	BAOS	CMCM	KUKE	ONFO	STFS	CHR	LCFY	HOFV	LDWY	SWAG
BAOS		0.36	0.4	0.6	0.69	0.6	-0.18	0.51	-0.02	0.63	BAOS
CMCM	0.36		0.27	0.33	0.25	0.14	0.31	-0.07	-0.3	0.39	CMCM
KUKE	0.4	0.27		0.81	0.47	0.69	-0.28	0.62	-0.55	0.52	KUKE
ONFO	0.6	0.33	0.81		0.58	0.69	-0.4	0.69	-0.47	0.65	ONFO
STFS	0.69	0.25	0.47	0.58		0.48	-0.23	0.41	-0.02	0.6	STFS
CHR	0.6	0.14	0.69	0.69	0.48		-0.16	0.83	-0.46	0.52	CHR
LCFY	-0.18	0.31	-0.28	-0.4	-0.23	-0.16		-0.43	-0.11	-0.15	LCFY
HOFV	0.51	-0.07	0.62	0.69	0.41	0.83	-0.43		-0.45	0.33	HOFV
LDWY	-0.02	-0.3	-0.55	-0.47	-0.02	-0.46	-0.11	-0.45		-0.1	LDWY
SWAG	0.63	0.39	0.52	0.65	0.6	0.52	-0.15	0.33	-0.1		SWAG
	BAOS	CMCM	KUKE	ONFO	STFS	CHR	LCFY	HOFV	LDWY	SWAG

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

HOFV	+ 0.83	CHR
ONFO	+ 0.81	KUKE
STFS	+ 0.69	BAOS
CHR	+ 0.69	KUKE
CHR	+ 0.69	ONFO
HOFV	+ 0.69	ONFO

High negative correlations

LDWY	- 0.55	KUKE
LDWY	- 0.47	ONFO
LDWY	- 0.46	CHR
LDWY	- 0.45	HOFV
HOFV	- 0.43	LCFY
LCFY	- 0.4	ONFO

Risk-Adjusted Indicators

ZW Data Company may look attractive on headline returns alone, but deeper analysis often tells a different story. A thorough review of ZW Data's risk-adjusted indicators provides a clearer picture of whether returns are being earned efficiently. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
BAOS	3.32	-0.30	0.00	0.36	0.00	0.00	6.49	-7.28	22.92
CMCM	2.73	0.14	0.04	0.06	3.37	-3.00	8.13	-6.86	20.19
KUKE	31.51	8.49	0.21	0.35	25.62	-55.93	150.00	-60.00	382.50
ONFO	3.73	-0.51	0.00	-0.79	0.00	0.00	9.09	-7.81	28.08
STFS	4.27	-0.28	0.00	0.22	0.00	0.00	14.61	-9.98	44.25
CHR	4.73	-1.08	0.00	-0.59	0.00	0.00	11.72	-10.61	27.72
LCFY	4.67	0.58	0.09	0.18	4.82	-5.76	10.22	-8.93	61.19
HOFV	5.60	-0.59	0.00	-0.34	0.00	0.00	12.50	-13.21	35.42
LDWY	3.84	0.31	0.07	-0.35	5.18	-4.31	11.46	-11.43	33.69
SWAG	2.93	0.02	0.00	-0.03	0.00	0.00	7.00	-7.21	18.32

ZW Data Corporate Management

Mingyu Chang	Chief Officer	Profile
Wa Chi	Chief Officer	Profile
Ken Wu	Chief Officer	Profile
Zhongyi Liu	Chief Strategy Officer	Profile
Yingguo Guo	Chief Officer	Profile

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