CRDF vs JZXN: Correlation
Cardiff Oncology, Inc. (CRDF) and Jiuzi Holdings, Inc. (JZXN) show a weak relationship: their 3-year correlation of weekly returns is 0.28.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRDF and JZXN?
Over the past 3 years, CRDF and JZXN moved with a correlation of 0.28, which is weak. The link has loosened recently: the 1-year correlation (0.10) runs below the 3-year figure (0.28). Over 5 years the correlation is 0.23, and the annualized covariance of weekly returns is 4776.1 %².
By 3-year correlation, JZXN places #8 of the 13 assets tracked against CRDF. Correlation aside, the last 12 months split them widely, with CRDF ahead by 42.0 points (-54.6% versus -96.6%). Risk is not evenly split, since JZXN carries 1.7 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.
CRDF vs JZXN: side by side
| CRDF (Cardiff Oncology, Inc.) | JZXN (Jiuzi Holdings, Inc.) | |
|---|---|---|
| 1-year return | -54.6% | -96.6% |
| 5-year return | -86.7% | -100.0% |
| Volatility (ann.) | 100.0% | 171.7% |
| Beta vs S&P 500 | 1.60 | 2.26 |
| Max drawdown (3Y) | -86.3% | -100.0% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CRDF | JZXN |
|---|---|---|
| 2022 | -76.7% | -92.0% |
| 2023 | +5.7% | -58.7% |
| 2024 | +193.2% | -87.7% |
| 2025 | -35.3% | -96.9% |
| 2026 | -64.9% | -34.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRDF and JZXN good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.28 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CRDF and JZXN?
Using weekly returns as of 2026-08-27: 0.28 over 3 years, with 0.10 over the last year and 0.23 over 5 years.
Is JZXN a good diversifier for CRDF?
Yes, to a useful degree: a correlation of 0.28 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.28 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/crdf-vs-jzxn.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/crdf-vs-jzxn/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CRDF correlations · JZXN correlations
