Correlation Between Kun Peng and Clean Seas

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

By analyzing existing cross correlation between Kun Peng International and Clean Seas Seafood, you can compare the effects of market volatilities on Kun Peng and Clean Seas 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 Kun Peng with a short position of Clean Seas. Check out your portfolio center. Please also check ongoing floating volatility patterns of Kun Peng and Clean Seas.

Diversification Opportunities for Kun Peng and Clean Seas

0.0

Correlation Coefficient

Kun Peng  Clean Seas

Pay attention - limited upside

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

Pair Corralation between Kun Peng and Clean Seas

If you would invest  8.00  in Clean Seas Seafood on September 10, 2025 and sell it today you would earn a total of  0.00  from holding Clean Seas Seafood or generate 0.0% return on investment over 90 days.

Time Period	3 Months [change]
Direction	Flat
Strength	Insignificant
Accuracy	1.59%
Values	Daily Returns

Kun Peng International  vs.  Clean Seas Seafood

Kun Peng International

Risk-Adjusted Performance

Weakest

Over the last 90 days Kun Peng International has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Stock's technical and fundamental indicators remain somewhat strong which may send shares a bit higher in January 2026. The current disturbance may also be a sign of long term up-swing for the company investors.

Clean Seas Seafood

Risk-Adjusted Performance

Weakest

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

Pair Trading with Kun Peng and Clean Seas

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

The idea behind Kun Peng International and Clean Seas Seafood 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.