ADMA vs ZG: Correlation
Measured on weekly returns over the past three years, ADMA Biologics Inc (ADMA) and Zillow Group, Inc. (ZG) carry a correlation of 0.41, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADMA and ZG?
On 3 years of weekly data the ADMA/ZG correlation comes out at 0.41, moderate. The relationship has been stable: the 1-year correlation (0.32) sits close to the 3-year figure. The 5-year figure is 0.23, and annualized covariance runs at 1146.4 %².
Among the 10 assets we track against ADMA, ZG ranks #5 by 3-year correlation. On 12-month performance ADMA holds a 10.5-point edge, -45.0% against -55.5%.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
ADMA vs ZG: side by side
| ADMA (ADMA Biologics Inc) | ZG (Zillow Group, Inc.) | |
|---|---|---|
| 1-year return | -45.0% | -55.5% |
| 5-year return | +612.8% | -62.1% |
| Volatility (ann.) | 59.2% | 46.8% |
| Beta vs S&P 500 | 1.12 | 1.28 |
| Max drawdown (3Y) | -69.0% | -66.4% |
| Market cap | $2.1B | $8.2B |
| P/E (trailing) | 13.7 | 158.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ADMA | ZG |
|---|---|---|
| 2022 | +175.2% | -49.8% |
| 2023 | +16.5% | +81.7% |
| 2024 | +279.4% | +24.9% |
| 2025 | +6.4% | -3.7% |
| 2026 | -48.0% | -46.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADMA and ZG good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ADMA and ZG?
Using weekly returns as of 2026-08-27: 0.41 over 3 years, with 0.32 over the last year and 0.23 over 5 years.
Is ZG a good diversifier for ADMA?
Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.41 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
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Related comparisons
Hubs: ADMA correlations · ZG correlations
