JD Correlations

JD Stock

USD 35.73 1.52 4.08%

The current 90-days correlation between JD Inc Adr and Alibaba Group Holding is 0.75 (i.e., Poor diversification). The correlation of JD is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

JD Correlation With Market

Very weak diversification

The correlation between JD Inc Adr and DJI is 0.44 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding JD Inc Adr and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with JD Stock

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JD Inc Adr. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Moving together with JD Stock

0.68	FND	Floor Decor Holdings	Pair Corr
0.76	HVT	Haverty Furniture	Pair Corr
0.62	TTSH	Tile Shop Holdings	Pair Corr
0.74	HWH	HWH International Buyout Trend	Pair Corr
0.62	LION	Lionsgate Studios Holding	Pair Corr
0.81	AA	Alcoa Corp	Pair Corr
0.69	CAT	Caterpillar	Pair Corr
0.68	CSCO	Cisco Systems	Pair Corr
0.8	MRK	Merck Company	Pair Corr
0.61	INTC	Intel	Pair Corr
0.67	PG	Procter Gamble	Pair Corr

Moving against JD Stock

0.54	LIVE	Live Ventures Trending	Pair Corr
0.51	GRPN	Groupon Trending	Pair Corr
0.4	MCD	McDonalds	Pair Corr
0.73	WHLRD	Wheeler Real Estate	Pair Corr
0.71	PMHG	Prime Meridian Holding	Pair Corr
0.66	CWT	California Water Service	Pair Corr
0.44	KO	Coca Cola	Pair Corr
0.31	T	ATT Inc Sell-off Trend	Pair Corr

Related Correlations Analysis

	BABA	SE	VIPS	JMIA	AMZN	PDD	MELI	GLBE	ETSY	BZUN
BABA		0.49	0.85	0.01	0.3	0.82	0.18	0.05	0.19	0.6	BABA
SE	0.49		0.43	0.46	0.41	0.49	0.67	0.28	0.28	0.58	SE
VIPS	0.85	0.43		0.16	0.43	0.84	-0.04	0.2	0.26	0.64	VIPS
JMIA	0.01	0.46	0.16		0.84	0.44	0.31	0.9	0.76	0.72	JMIA
AMZN	0.3	0.41	0.43	0.84		0.67	0.14	0.9	0.87	0.8	AMZN
PDD	0.82	0.49	0.84	0.44	0.67		0.08	0.49	0.54	0.78	PDD
MELI	0.18	0.67	-0.04	0.31	0.14	0.08		0.02	0.04	0.3	MELI
GLBE	0.05	0.28	0.2	0.9	0.9	0.49	0.02		0.88	0.68	GLBE
ETSY	0.19	0.28	0.26	0.76	0.87	0.54	0.04	0.88		0.67	ETSY
BZUN	0.6	0.58	0.64	0.72	0.8	0.78	0.3	0.68	0.67		BZUN
	BABA	SE	VIPS	JMIA	AMZN	PDD	MELI	GLBE	ETSY	BZUN

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Please upgrade your account to get full access to Macroaxis premium features

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

GLBE	+ 0.9	JMIA
GLBE	+ 0.9	AMZN
ETSY	+ 0.88	GLBE
ETSY	+ 0.87	AMZN
VIPS	+ 0.85	BABA
PDD	+ 0.84	VIPS

High negative correlations

MELI

- 0.04

VIPS

Risk-Adjusted Indicators

There is a big difference between JD Stock performing well and JD Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze JD's multiple risk-adjusted performance indicators across the competitive landscape. 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
BABA	2.84	0.50	0.12	0.46	3.67	(3.04)	5.79	(6.24)	18.50
SE	2.75	0.53	0.11	0.25	4.06	(2.61)	7.14	(5.66)	21.76
VIPS	2.18	0.13	0.06	0.10	2.35	(2.48)	5.24	(4.25)	11.60
JMIA	4.37	0.14	0.00	(0.01)	0.00	0.00	7.58	(6.99)	31.33
AMZN	2.11	0.02	0.00	(0.06)	0.00	0.00	3.59	(4.15)	17.15
PDD	2.37	0.16	0.05	0.14	3.40	(2.29)	5.19	(6.03)	14.38
MELI	2.22	0.44	0.17	0.44	2.45	(2.42)	4.21	(4.75)	12.44
GLBE	3.09	(0.44)	0.00	(5.58)	0.00	0.00	5.28	(8.39)	26.22
ETSY	2.26	(0.12)	0.00	(0.20)	0.00	0.00	4.22	(6.10)	14.85
BZUN	3.36	0.22	0.04	0.14	4.47	(3.61)	7.58	(7.58)	21.03

JD Corporate Management

Daxue Li	Advisor	Profile
Sean Zhang	Director Relations	Profile
YuanChing Shen	Pres Unit	Profile
Ran Xu	Chief Officer	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC