DirectBooking Technology Co., Ltd. Class A Ordinary Shares (ZDAI) — Stock Correlations & Overview
Over the past year, ZDAI has moved most closely with OPEN, HOLO, RILYP. Explore the stocks most correlated and inversely correlated with ZDAI below, along with its price, financials, and company profile.
Stocks correlated with ZDAI
Correlation of daily returns. Higher positive values move with ZDAI; negative values move opposite it. Informational only, not investment advice.
Most correlated with ZDAI
| Symbol | Company | Correlation |
|---|---|---|
| OPEN | Opendoor Technologies Inc Common StockREAL ESTATE AGENTS & MANAGERS (FOR OTHERS) | 0.29 |
| HOLO | MicroCloud Hologram Inc. Ordinary SharesSERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. | 0.29 |
| RILYP | BRC Group Holdings, Inc. Depositary Shares, each representing a 1/1000th fractional interest in a share of Series A Cumulative Perpetual Preferred StockINVESTMENT ADVICE | 0.29 |
| AIM | AIM ImmunoTech Inc.BIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | 0.28 |
| NEWT | NewtekOne, Inc. Common StockNATIONAL COMMERCIAL BANKS | 0.27 |
Most inversely correlated with ZDAI
| Symbol | Company | Correlation |
|---|---|---|
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.23 |
| SLTY | YieldMax Ultra Short Option Income Strategy ETF | -0.22 |
| CARD | MAX Auto Industry -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.21 |
| FLYD | MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.21 |
| SDD | ProShares UltraShort SmallCap600 | -0.21 |
Frequently asked questions about ZDAI correlations
- Which stocks are most correlated with ZDAI?
- Based on one year of daily returns, the stocks most correlated with DirectBooking Technology Co., Ltd. Class A Ordinary Shares (ZDAI) are OPEN (0.29), HOLO (0.29) and RILYP (0.29). 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 ZDAI?
- Over the past year, the stocks most inversely correlated with DirectBooking Technology Co., Ltd. Class A Ordinary Shares (ZDAI) are SARK (-0.23), SLTY (-0.22) and CARD (-0.21). 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 ZDAI correlations calculated?
- We compute the correlation of daily returns between ZDAI 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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