Zoned Properties Correlations

ZDPY Stock

USD 0.46 0.04 8.00%

The current 90-days correlation between Zoned Properties and Avalon GloboCare Corp is -0.26 (i.e., Very good diversification). The correlation of Zoned Properties 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Zoned Properties Correlation With Market

Significant diversification

The correlation between Zoned Properties and DJI is 0.07 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Zoned Properties and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Zoned Properties could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zoned Properties when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Zoned Properties - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Zoned Properties to buy it.

Moving together with Zoned OTC Stock

0.63	VONOY	Vonovia SE ADR	Pair Corr
0.61	VNNVF	Vonovia SE	Pair Corr
0.66	PPERY	Bank Mandiri Persero	Pair Corr
0.65	PBCRY	Bank Central Asia	Pair Corr

Moving against Zoned OTC Stock

0.41	BEKE	Ke Holdings	Pair Corr
0.37	CBRE	CBRE Group Class	Pair Corr
0.75	HXGBF	Hexagon AB	Pair Corr
0.6	WF	Woori Financial Group	Pair Corr
0.6	QCOM	Qualcomm Incorporated	Pair Corr
0.59	MVST	Microvast Holdings	Pair Corr
0.55	MS-PE	Morgan Stanley Earnings Call This Week	Pair Corr
0.53	SBS	Companhia de Saneamento	Pair Corr
0.51	MS-PL	Morgan Stanley Earnings Call This Week	Pair Corr
0.5	KLIC	Kulicke and Soffa	Pair Corr
0.44	437076CG5	HOME DEPOT INC	Pair Corr
0.43	RY	Royal Bank	Pair Corr
0.4	DEWY	Dewey Electronics	Pair Corr
0.35	LOW	Lowes Companies	Pair Corr
0.35	CBTC	XTRA Bitcoin	Pair Corr
0.34	SHG	Shinhan Financial	Pair Corr
0.34	BBVXF	Banco Bilbao Vizcaya Downward Rally	Pair Corr
0.76	TLKMF	Telkom Indonesia Tbk	Pair Corr
0.49	89417EAN9	TRAVELERS INC 405	Pair Corr
0.45	GCTS	GCT Semiconductor Holding	Pair Corr
0.44	695114CY2	PACIFICORP	Pair Corr

Related Correlations Analysis

	ALBT	DUO	MJNE	MNTR	NTRR	RSSFF	XHG
ALBT		0.47	-0.29	0.32	0.43	0.05	0.59	ALBT
DUO	0.47		-0.3	0.72	0.15	-0.43	0.1	DUO
MJNE	-0.29	-0.3		-0.14	-0.34	0.05	-0.1	MJNE
MNTR	0.32	0.72	-0.14		0.19	-0.64	0.24	MNTR
NTRR	0.43	0.15	-0.34	0.19		0.02	0.45	NTRR
RSSFF	0.05	-0.43	0.05	-0.64	0.02		0.02	RSSFF
XHG	0.59	0.1	-0.1	0.24	0.45	0.02		XHG
	ALBT	DUO	MJNE	MNTR	NTRR	RSSFF	XHG

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

MNTR	+ 0.72	DUO
XHG	+ 0.59	ALBT
DUO	+ 0.47	ALBT
XHG	+ 0.45	NTRR
NTRR	+ 0.43	ALBT
MNTR	+ 0.32	ALBT

High negative correlations

RSSFF	- 0.64	MNTR
RSSFF	- 0.43	DUO
NTRR	- 0.34	MJNE
MJNE	- 0.3	DUO
MJNE	- 0.29	ALBT
MNTR	- 0.14	MJNE

Risk-Adjusted Indicators

There is a big difference between Zoned OTC Stock performing well and Zoned Properties OTC Stock 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 Zoned Properties' 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
ALBT	4.60	0.10	0.01	0.95	6.02	(5.01)	7.41	(7.81)	54.41
DUO	8.15	1.51	0.16	(5.59)	8.04	(9.96)	28.28	(13.38)	83.58
MJNE	3.01	0.65	0.00	0.42	0.00	0.00	0.00	0.00	150.00
MNTR	7.55	1.78	0.13	(0.56)	6.93	(14.68)	20.00	(16.67)	66.67
NTRR	28.82	6.86	0.17	1.98	21.35	(75.00)	100.00	(50.00)	250.00
RSSFF	5.00	(0.37)	0.00	(0.22)	0.00	0.00	13.89	(20.59)	108.58
XHG	4.65	0.36	0.04	(0.24)	5.61	(5.79)	5.93	(10.49)	53.10

Be your own money manager

Our tools can tell you how much better you can do entering a position in Zoned Properties without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Portfolio Manager Now

Portfolio Manager

State of the art Portfolio Manager to monitor and improve performance of your invested capital

All Next

Launch Module

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