ZK International Group Co., Ltd Ordinary Share (ZKIN) — Stock Correlations & Overview
Over the past year, ZKIN has moved most closely with SHPH, MNOV, TUSI. Explore the stocks most correlated and inversely correlated with ZKIN below, along with its price, financials, and company profile.
Stocks correlated with ZKIN
Correlation of daily returns. Higher positive values move with ZKIN; negative values move opposite it. Informational only, not investment advice.
Most correlated with ZKIN
| Symbol | Company | Correlation |
|---|---|---|
| SHPH | Shuttle Pharmaceuticals Holdings, Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.23 |
| MNOV | Medicinova, Inc.PHARMACEUTICAL PREPARATIONS | 0.23 |
| TUSI | Touchstone Ultra Short Income ETF | 0.21 |
| NPAC | New Providence Acquisition Corp. III Class A Ordinary SharesBLANK CHECKS | 0.20 |
| UNHG | Leverage Shares 2X Long UNH Daily ETF | 0.20 |
Most inversely correlated with ZKIN
| Symbol | Company | Correlation |
|---|---|---|
| MKC.V | McCormick & Company, Incorporated Voting CSMISCELLANEOUS FOOD PREPARATIONS & KINDRED PRODUCTS | -0.32 |
| BCPC | Balchem CorporationCHEMICALS & ALLIED PRODUCTS | -0.27 |
| MKC | McCormick & Company, Incorporated Non-VTG CSMISCELLANEOUS FOOD PREPARATIONS & KINDRED PRODUCTS | -0.24 |
| INGR | Ingredion IncorporatedGRAIN MILL PRODUCTS | -0.22 |
| LOPE | Grand Canyon Education, IncSERVICES-EDUCATIONAL SERVICES | -0.22 |
Frequently asked questions about ZKIN correlations
- Which stocks are most correlated with ZKIN?
- Based on one year of daily returns, the stocks most correlated with ZK International Group Co., Ltd Ordinary Share (ZKIN) are SHPH (0.23), MNOV (0.23) and TUSI (0.21). 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 ZKIN?
- Over the past year, the stocks most inversely correlated with ZK International Group Co., Ltd Ordinary Share (ZKIN) are MKC.V (-0.32), BCPC (-0.27) and MKC (-0.24). 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 ZKIN correlations calculated?
- We compute the correlation of daily returns between ZKIN 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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