Correlation Between ZW Data and BuzzFeed
This comparison outlines how ZW Data Action and BuzzFeed move in relation to one another. The interaction provides context on remaining diversifiable risk in a joint position. The calculation uses historical data points recorded across reporting periods.
This module compares ZW Data Action and BuzzFeed on return linkage, making pair-trade and hedge decisions easier to frame. This view explains how often the two confirm each other and when they offer offsetting moves. Testing a long ZW Data versus short BuzzFeed position can add context on pair behavior. You can review volatility context in ZW Data and BuzzFeed. Go to your portfolio center
Diversification Opportunities for ZW Data and BuzzFeed
Minimal diversification benefit
The 3 months correlation between CNET and BuzzFeed is 0.9. Overlapping area represents the amount of risk that can be diversified away by holding ZW Data Action and BuzzFeed in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on BuzzFeed and ZW Data is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on ZW Data Action are associated (or correlated) with BuzzFeed. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of BuzzFeed has no effect on the direction of ZW Data i.e., ZW Data and BuzzFeed go up and down completely randomly.
Pair Corralation between ZW Data and BuzzFeed
Given the investment horizon of 90 days ZW Data Action is expected to under-perform the BuzzFeed. In addition to that, ZW Data is 2.85 times more volatile than BuzzFeed. It trades about -0.07 of its total potential returns per unit of risk. BuzzFeed is currently generating about -0.13 per unit of volatility. If you had invested $ 90.00 in BuzzFeed on December 23, 2025 and sold it today you would have lost $ 22.52 from holding BuzzFeed or given up 25.02% of portfolio value over 90 days.
| Time Period | 3 Months [change] |
| Direction | Moves Together |
| Strength | Very Strong |
| Accuracy | 100.0% |
| Values | Daily Returns |
ZW Data Action vs. BuzzFeed
Performance |
| Timeline |
| ZW Data Action |
Risk-Adjusted Performance
Weak
Weak | Strong |
| BuzzFeed |
Risk-Adjusted Performance
Weak
Weak | Strong |
ZW Data and BuzzFeed Volatility Contrast
Predicted Return Density |
| Returns |
Pair Trading with ZW Data and BuzzFeed
Combining ZW Data with BuzzFeed in a pair setup can help isolate spread behavior from broader market movement. This is most useful when the two securities share economic drivers but still create room for relative-performance divergence.| ZW Data vs. Baosheng Media Group | ZW Data vs. Cheetah Mobile | ZW Data vs. Onfolio Holdings | ZW Data vs. Star Fashion Culture |
| BuzzFeed vs. MoneyHero Limited Class | BuzzFeed vs. Courtside Group Common | BuzzFeed vs. LiveOne | BuzzFeed vs. TuanChe ADR |
Go to your portfolio centerThe information on this page should be treated as a complementary input when building or adjusting a diversified portfolio. The stronger workflow is to validate these signals with other models before acting. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
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