ENLV vs ZJYL: Correlation
Enlivex Ltd. (ENLV) and JIN MEDICAL INTERNATIONAL LTD. - Class A (ZJYL) show a moderate relationship: their 3-year correlation of weekly returns is 0.42.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ENLV and ZJYL?
Over the past 3 years, ENLV and ZJYL moved with a correlation of 0.42, which is moderate. Lately the two have drifted apart, with the 1-year correlation at -0.17 versus 0.42 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 12668.2 %².
Few assets follow ENLV as closely as ZJYL, which ranks #3 of 13 tracked partners. Over the last 12 months ZJYL came out ahead by 5.3 percentage points (-91.0% against -85.7%). One caveat on sizing: ZJYL is 2.4 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
ENLV vs ZJYL: side by side
| ENLV (Enlivex Ltd.) | ZJYL (JIN MEDICAL INTERNATIONAL LTD. - Class A) | |
|---|---|---|
| 1-year return | -91.0% | -85.7% |
| 5-year return | -99.2% | n/a |
| Volatility (ann.) | 111.4% | 270.7% |
| Beta vs S&P 500 | 1.02 | 1.23 |
| Max drawdown (3Y) | -97.7% | -99.3% |
| Market cap | – | $0.2B |
| P/E (trailing) | 0.0 | 13.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ENLV | ZJYL |
|---|---|---|
| 2022 | -37.0% | – |
| 2023 | -31.4% | – |
| 2024 | -56.7% | -93.7% |
| 2025 | -39.9% | -71.7% |
| 2026 | -86.0% | -46.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ENLV and ZJYL good diversifiers for each other?
Reasonably. At 0.42, ENLV and ZJYL keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ENLV and ZJYL?
Using weekly returns as of 2026-08-27: 0.42 over 3 years, with -0.17 over the last year and n/a over 5 years.
Is ZJYL a good diversifier for ENLV?
Reasonably. At 0.42, ENLV and ZJYL keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.42 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/enlv-vs-zjyl.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/enlv-vs-zjyl/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ENLV correlations · ZJYL correlations
