ZKH Group Limited American Depositary Shares, each representing thirty-five (35) Class A Ordinary Shares (ZKH) — Stock Correlations & Overview
Over the past year, ZKH has moved most closely with GABpG, YRD, UCAR. Explore the stocks most correlated and inversely correlated with ZKH below, along with its price, financials, and company profile.
Stocks correlated with ZKH
Correlation of daily returns. Higher positive values move with ZKH; negative values move opposite it. Informational only, not investment advice.
Most correlated with ZKH
| Symbol | Company | Correlation |
|---|---|---|
| GABpG | The Gabelli Equity Trust Inc. Series G Cumulative Preferred | 0.37 |
| YRD | Yiren Digital Ltd. | 0.36 |
| UCAR | U Power Limited Class A Ordinary Shares | 0.26 |
| YB | Yuanbao Inc. American Depositary Shares | 0.26 |
| SEER | Seer, Inc. Class A Common StockLABORATORY ANALYTICAL INSTRUMENTS | 0.25 |
Most inversely correlated with ZKH
| Symbol | Company | Correlation |
|---|---|---|
| SER | Serina Therapeutics, Inc.PHARMACEUTICAL PREPARATIONS | -0.27 |
| NRT | North European Oil Royalty TrustOIL ROYALTY TRADERS | -0.22 |
| DEC | Diversified Energy CompanyCRUDE PETROLEUM & NATURAL GAS | -0.22 |
| PCLA | PicoCELA Inc. American Depositary Shares | -0.21 |
| VET | VERMILION ENERGY INC. | -0.21 |
Frequently asked questions about ZKH correlations
- Which stocks are most correlated with ZKH?
- Based on one year of daily returns, the stocks most correlated with ZKH Group Limited American Depositary Shares, each representing thirty-five (35) Class A Ordinary Shares (ZKH) are GABpG (0.37), YRD (0.36) and UCAR (0.26). 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 ZKH?
- Over the past year, the stocks most inversely correlated with ZKH Group Limited American Depositary Shares, each representing thirty-five (35) Class A Ordinary Shares (ZKH) are SER (-0.27), NRT (-0.22) and DEC (-0.22). 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 ZKH correlations calculated?
- We compute the correlation of daily returns between ZKH 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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