Correlation Between AnalytixInsight and China Youzan

Can any of the company-specific risk be diversified away by investing in both AnalytixInsight and China Youzan at the same time? Although using a correlation coefficient on its own may not help to predict future stock returns, this module helps to understand the diversifiable risk of combining AnalytixInsight and China Youzan into the same portfolio, which is an essential part of the fundamental portfolio management process.

By analyzing existing cross correlation between AnalytixInsight and China Youzan, you can compare the effects of market volatilities on AnalytixInsight and China Youzan and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in AnalytixInsight with a short position of China Youzan. Check out your portfolio center. Please also check ongoing floating volatility patterns of AnalytixInsight and China Youzan.

Diversification Opportunities for AnalytixInsight and China Youzan

0.0

Correlation Coefficient

AnalytixInsight  China Youzan

Pay attention - limited upside

The 3 months correlation between AnalytixInsight and China is 0.0. Overlapping area represents the amount of risk that can be diversified away by holding AnalytixInsight and China Youzan in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on China Youzan and AnalytixInsight 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 AnalytixInsight are associated (or correlated) with China Youzan. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of China Youzan has no effect on the direction of AnalytixInsight i.e., AnalytixInsight and China Youzan go up and down completely randomly.

Pair Corralation between AnalytixInsight and China Youzan

If you would invest  2.20  in China Youzan on September 10, 2025 and sell it today you would lose (0.30) from holding China Youzan or give up 13.64% of portfolio value over 90 days.

Time Period	3 Months [change]
Direction	Flat
Strength	Insignificant
Accuracy	100.0%
Values	Daily Returns

AnalytixInsight  vs.  China Youzan

AnalytixInsight

Risk-Adjusted Performance

Weakest

Over the last 90 days AnalytixInsight has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, AnalytixInsight is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders.

China Youzan

Risk-Adjusted Performance

Weak

Compared to the overall equity markets, risk-adjusted returns on investments in China Youzan are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, China Youzan reported solid returns over the last few months and may actually be approaching a breakup point.

Pair Trading with AnalytixInsight and China Youzan

The main advantage of trading using opposite AnalytixInsight and China Youzan positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if AnalytixInsight position performs unexpectedly, China Youzan can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in China Youzan will offset losses from the drop in China Youzan's long position.

The idea behind AnalytixInsight and China Youzan pairs trading is to make the combined position market-neutral, meaning the overall market's direction will not affect its win or loss (or potential downside or upside). This can be achieved by designing a pairs trade with two highly correlated stocks or equities that operate in a similar space or sector, making it possible to obtain profits through simple and relatively low-risk investment.

Check out your portfolio center.

Note that this page's information should be used as a complementary analysis to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.