Zone Frontier Inc. (ZONE) — Stock Correlations & Overview
Over the past year, ZONE has moved most closely with PDSB, DAAQ, CLSX. Explore the stocks most correlated and inversely correlated with ZONE below, along with its price, financials, and company profile.
Stocks correlated with ZONE
Correlation of daily returns. Higher positive values move with ZONE; negative values move opposite it. Informational only, not investment advice.
Most correlated with ZONE
| Symbol | Company | Correlation |
|---|---|---|
| PDSB | PDS Biotechnology Corporation Common StockPHARMACEUTICAL PREPARATIONS | 0.43 |
| DAAQ | Digital Asset Acquisition Corp. Class A Ordinary sharesSTATE COMMERCIAL BANKS | 0.33 |
| CLSX | Tradr 2X Long CLSK Daily ETF | 0.32 |
| MNRS | Grayscale Bitcoin Miners ETF | 0.32 |
| MRAL | GraniteShares 2x Long MARA Daily ETF | 0.32 |
Most inversely correlated with ZONE
| Symbol | Company | Correlation |
|---|---|---|
| NCRA | Nocera, Inc. Common Stock | -0.32 |
| PLAG | Planet Green Holdings Corp.CANNED, FROZEN & PRESERVD FRUIT, VEG & FOOD SPECIALTIES | -0.31 |
| HURN | Huron Consulting Group Inc.SERVICES-MANAGEMENT CONSULTING SERVICES | -0.31 |
| NIQ | NIQ Global Intelligence plcSERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. | -0.29 |
| RGTZ | Defiance Daily Target 2x Short RGTI ETF | -0.25 |
Frequently asked questions about ZONE correlations
- Which stocks are most correlated with ZONE?
- Based on one year of daily returns, the stocks most correlated with Zone Frontier Inc. (ZONE) are PDSB (0.43), DAAQ (0.33) and CLSX (0.32). 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 ZONE?
- Over the past year, the stocks most inversely correlated with Zone Frontier Inc. (ZONE) are NCRA (-0.32), PLAG (-0.31) and HURN (-0.31). 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 ZONE correlations calculated?
- We compute the correlation of daily returns between ZONE 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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