CHSN vs ZCMD: Correlation
How closely do Chanson International Holding - Class A (CHSN) and Zhongchao Inc. - Class A (ZCMD) trade together? Their weekly returns over three years give a correlation of 0.32, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CHSN and ZCMD?
Over the past 3 years, CHSN and ZCMD moved with a correlation of 0.32, which is moderate. The link has loosened recently: the 1-year correlation (0.18) runs below the 3-year figure (0.32). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 14682.6 %².
Among the 18 assets we track against CHSN, ZCMD ranks #7 by 3-year correlation. Their 12-month results are close: -99.4% for CHSN against -99.9% for ZCMD. Risk is not evenly split, since CHSN carries 2.3 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.
CHSN vs ZCMD: side by side
| CHSN (Chanson International Holding - Class A) | ZCMD (Zhongchao Inc. - Class A) | |
|---|---|---|
| 1-year return | -99.4% | -99.9% |
| 5-year return | n/a | -100.0% |
| Volatility (ann.) | 320.2% | 141.8% |
| Beta vs S&P 500 | 0.54 | 0.59 |
| Max drawdown (3Y) | -100.0% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | 0.4 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CHSN | ZCMD |
|---|---|---|
| 2022 | – | -35.4% |
| 2023 | – | -69.5% |
| 2024 | +318.9% | -53.8% |
| 2025 | -99.5% | -72.2% |
| 2026 | -99.5% | -99.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CHSN and ZCMD good diversifiers for each other?
Reasonably. At 0.32, CHSN and ZCMD keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CHSN and ZCMD?
As of 2026-08-27, the correlation of weekly returns between CHSN and ZCMD is 0.32 over 3 years, 0.18 over 1 year and n/a over 5 years.
Is ZCMD a good diversifier for CHSN?
Reasonably. At 0.32, CHSN and ZCMD keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.32 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/chsn-vs-zcmd.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/chsn-vs-zcmd/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CHSN correlations · ZCMD correlations
