Correlation Between Intel and ZW Data
Observing Intel alongside ZW Data Action reveals patterns in their return co-movement. This context relates to the level of diversifiable risk when both are considered together.
This lookup quantifies co-movement between Intel and ZW Data Action so position sizing can be more disciplined. The comparison frames co-movement across different time windows and market conditions. Go to your portfolio center
Diversification Opportunities for Intel and ZW Data
Strong inverse diversification
The 3 months correlation between Intel and CNET is -0.26. Overlapping area represents the amount of risk that can be diversified away by holding Intel and ZW Data Action in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on ZW Data Action and Intel 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 Intel are associated (or correlated) with ZW Data. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of ZW Data Action has no effect on the direction of Intel i.e., Intel and ZW Data go up and down completely randomly.
Pair Corralation between Intel and ZW Data
Given the investment horizon of 90 days Intel is expected to generate 0.51 times more return on investment than ZW Data. However, Intel is 1.95 times less risky than ZW Data. It trades about 0.09 of its potential returns per unit of risk. ZW Data Action is currently generating about -0.06 per unit of risk. If you had invested $ 3,620 in Intel on December 25, 2025 and sold it today you would have earned a total of $ 787.00 from holding Intel or generated 21.74% return on investment over 90 days.
| Time Period | 3 Months [change] |
| Direction | Moves Against |
| Strength | Insignificant |
| Accuracy | 98.36% |
| Values | Daily Returns |
Intel vs. ZW Data Action
Performance |
| Timeline |
| Intel |
Risk-Adjusted Performance
Moderate
Weak | Strong |
| ZW Data Action |
Risk-Adjusted Performance
Weak
Weak | Strong |
Intel and ZW Data Volatility Contrast
Predicted Return Distribution |
| Density |
Pair Trading with Intel and ZW Data
Pair trading between Intel and ZW Data can reduce some unsystematic risk by balancing one position against another. The objective is to profit from relative movement while reducing dependence on the market's overall direction.| Intel vs. Arm Holdings plc | Intel vs. KLA Corporation | Intel vs. Applied Materials | Intel vs. Qualcomm Incorporated |
| ZW Data vs. Baosheng Media Group | ZW Data vs. Cheetah Mobile | ZW Data vs. Onfolio Holdings | ZW Data vs. Star Fashion Culture |
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 Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Other Complementary Tools
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules |