Correlation Between Jianzhi Education and Veea

Can any of the company-specific risk be diversified away by investing in both Jianzhi Education and Veea 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 Jianzhi Education and Veea into the same portfolio, which is an essential part of the fundamental portfolio management process.

By analyzing existing cross correlation between Jianzhi Education Technology and Veea Inc, you can compare the effects of market volatilities on Jianzhi Education and Veea 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 Jianzhi Education with a short position of Veea. Check out your portfolio center. Please also check ongoing floating volatility patterns of Jianzhi Education and Veea.

Diversification Opportunities for Jianzhi Education and Veea

-0.12

Correlation Coefficient

Jianzhi Education  Veea

Good diversification

The 3 months correlation between Jianzhi and Veea is -0.12. Overlapping area represents the amount of risk that can be diversified away by holding Jianzhi Education Technology and Veea Inc in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on Veea Inc and Jianzhi Education 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 Jianzhi Education Technology are associated (or correlated) with Veea. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Veea Inc has no effect on the direction of Jianzhi Education i.e., Jianzhi Education and Veea go up and down completely randomly.

Pair Corralation between Jianzhi Education and Veea

Allowing for the 90-day total investment horizon Jianzhi Education Technology is expected to under-perform the Veea. In addition to that, Jianzhi Education is 1.01 times more volatile than Veea Inc. It trades about -0.28 of its total potential returns per unit of risk. Veea Inc is currently generating about 0.03 per unit of volatility. If you would invest  153.00  in Veea Inc on May 4, 2025 and sell it today you would lose (4.00) from holding Veea Inc or give up 2.61% of portfolio value over 90 days.

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

Jianzhi Education Technology  vs.  Veea Inc

Jianzhi Education

Risk-Adjusted Performance

Very Weak

Over the last 90 days Jianzhi Education Technology has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unfluctuating performance in the last few months, the Stock's basic indicators remain fairly strong which may send shares a bit higher in September 2025. The current disturbance may also be a sign of long term up-swing for the company investors.

Veea Inc

Risk-Adjusted Performance

Weak

Compared to the overall equity markets, risk-adjusted returns on investments in Veea Inc are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite somewhat unfluctuating technical and fundamental indicators, Veea sustained solid returns over the last few months and may actually be approaching a breakup point.

Pair Trading with Jianzhi Education and Veea

The main advantage of trading using opposite Jianzhi Education and Veea positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if Jianzhi Education position performs unexpectedly, Veea 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 Veea will offset losses from the drop in Veea's long position.

The idea behind Jianzhi Education Technology and Veea Inc 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.

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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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..