ANY vs ZJYL: Correlation
Sphere 3D Corp. (ANY) and JIN MEDICAL INTERNATIONAL LTD. - Class A (ZJYL) show a moderate relationship: their 3-year correlation of weekly returns is 0.39.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ANY and ZJYL?
Over the past 3 years, ANY and ZJYL moved with a correlation of 0.39, which is moderate. The link has loosened recently: the 1-year correlation (0.14) runs below the 3-year figure (0.39). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 14932.5 %².
By 3-year correlation, ZJYL places #6 of the 11 assets tracked against ANY. Their recent paths diverged sharply: over the last 12 months ANY outperformed by 29.4 percentage points (-56.3% for ANY against -85.7% for ZJYL). Risk is not evenly split, since ZJYL carries 1.9 times the volatility of the other side.
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.
ANY vs ZJYL: side by side
| ANY (Sphere 3D Corp.) | ZJYL (JIN MEDICAL INTERNATIONAL LTD. - Class A) | |
|---|---|---|
| 1-year return | -56.3% | -85.7% |
| 5-year return | -99.4% | n/a |
| Volatility (ann.) | 139.7% | 270.7% |
| Beta vs S&P 500 | 0.88 | 1.23 |
| Max drawdown (3Y) | -97.3% | -99.3% |
| Market cap | – | $0.2B |
| P/E (trailing) | – | 13.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ANY | ZJYL |
|---|---|---|
| 2022 | -91.2% | – |
| 2023 | +71.8% | – |
| 2024 | -71.6% | -93.7% |
| 2025 | -68.4% | -71.7% |
| 2026 | -14.1% | -46.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ANY and ZJYL good diversifiers for each other?
Reasonably. At 0.39, ANY and ZJYL keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ANY and ZJYL?
Using weekly returns as of 2026-08-27: 0.39 over 3 years, with 0.14 over the last year and n/a over 5 years.
Is ZJYL a good diversifier for ANY?
Reasonably. At 0.39, ANY and ZJYL keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.39 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/any-vs-zjyl.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/any-vs-zjyl/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ANY correlations · ZJYL correlations
