Baozun Inc. American Depositary Shares (BZUN) — Stock Correlations & Overview
Over the past year, BZUN has moved most closely with MAGC, EMQQ, FDNI. Explore the stocks most correlated and inversely correlated with BZUN below, along with its price, financials, and company profile.
Stocks correlated with BZUN
Correlation of daily returns. Higher positive values move with BZUN; negative values move opposite it. Informational only, not investment advice.
Most correlated with BZUN
| Symbol | Company | Correlation |
|---|---|---|
| MAGC | Roundhill China Magnificent Seven ETF | 0.51 |
| EMQQ | EMQQ The Emerging Markets Internet ETF | 0.49 |
| FDNI | First Trust Dow Jones International Internet ETF | 0.49 |
| PGJ | Invesco Golden Dragon China ETF | 0.48 |
| KTEC | KraneShares Hang Seng TECH Index ETF | 0.48 |
Most inversely correlated with BZUN
| Symbol | Company | Correlation |
|---|---|---|
| YANG | Direxion Daily FTSE China Bear 3X ETF | -0.44 |
| YXI | ProShares Short FTSE China 50 of PROSHARES TRUST | -0.44 |
| FXP | ProShares UltraShort FTSE China 50 of ProShares Trust | -0.43 |
| SJB | ProShares Short High Yield | -0.36 |
| HDGE | AdvisorShares Ranger Equity Bear ETF | -0.34 |
Frequently asked questions about BZUN correlations
- Which stocks are most correlated with BZUN?
- Based on one year of daily returns, the stocks most correlated with Baozun Inc. American Depositary Shares (BZUN) are MAGC (0.51), EMQQ (0.49) and FDNI (0.49). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with BZUN?
- Over the past year, the stocks most inversely correlated with Baozun Inc. American Depositary Shares (BZUN) are YANG (-0.44), YXI (-0.44) and FXP (-0.43). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these BZUN correlations calculated?
- We compute the correlation of daily returns between BZUN and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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