CGEN vs ZJYL: Correlation
Measured on weekly returns over the past three years, Compugen Ltd. (CGEN) and JIN MEDICAL INTERNATIONAL LTD. - Class A (ZJYL) carry a correlation of 0.66, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CGEN and ZJYL?
Over the past 3 years, CGEN and ZJYL moved with a correlation of 0.66, which is strong. The past 12 months show a weaker link (-0.22) than the 3-year average (0.66). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 17142.3 %².
ZJYL is one of the assets that tracks CGEN most closely: it ranks #1 out of the 18 assets we track against CGEN. Their recent paths diverged sharply: over the last 12 months CGEN outperformed by 173.5 percentage points (+87.8% for CGEN against -85.7% for ZJYL). Note the risk asymmetry: ZJYL runs 2.8 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
CGEN vs ZJYL: side by side
| CGEN (Compugen Ltd.) | ZJYL (JIN MEDICAL INTERNATIONAL LTD. - Class A) | |
|---|---|---|
| 1-year return | +87.8% | -85.7% |
| 5-year return | -59.2% | n/a |
| Volatility (ann.) | 95.6% | 270.7% |
| Beta vs S&P 500 | 1.63 | 1.23 |
| Max drawdown (3Y) | -60.0% | -99.3% |
| Market cap | $0.3B | $0.2B |
| P/E (trailing) | 7.3 | 13.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CGEN | ZJYL |
|---|---|---|
| 2022 | -83.3% | – |
| 2023 | +175.0% | – |
| 2024 | -22.7% | -93.7% |
| 2025 | +0.0% | -71.7% |
| 2026 | +80.4% | -46.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CGEN and ZJYL good diversifiers for each other?
Somewhat, no more. With 0.66 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between CGEN and ZJYL?
Using weekly returns as of 2026-08-27: 0.66 over 3 years, with -0.22 over the last year and n/a over 5 years.
Is ZJYL a good diversifier for CGEN?
Somewhat, no more. With 0.66 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.66 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/cgen-vs-zjyl.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cgen-vs-zjyl/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CGEN correlations · ZJYL correlations