HUM vs ZCMD: Correlation
Humana (HUM) and Zhongchao Inc. - Class A (ZCMD) show a negative relationship: their 3-year correlation of weekly returns is -0.25.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HUM and ZCMD?
On 3 years of weekly data the HUM/ZCMD correlation comes out at -0.25, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.18) sits close to the 3-year figure. The 5-year figure is -0.19, and annualized covariance runs at -1527.7 %².
Among the 30 assets we track against HUM, ZCMD sits near the bottom by co-movement, at rank #29. Their recent paths diverged sharply: over the last 12 months HUM outperformed by 133.9 percentage points (+34.0% for HUM against -99.9% for ZCMD). Note the risk asymmetry: ZCMD runs 3.3 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.
HUM vs ZCMD: side by side
| HUM (Humana) | ZCMD (Zhongchao Inc. - Class A) | |
|---|---|---|
| 1-year return | +34.0% | -99.9% |
| 5-year return | +1.8% | -100.0% |
| Volatility (ann.) | 43.3% | 141.8% |
| Beta vs S&P 500 | 0.52 | 0.59 |
| Max drawdown (3Y) | -67.9% | -100.0% |
| Market cap | $47.1B | – |
| P/E (trailing) | 36.9 | – |
| Dividend yield | 0.91% | 0.00% |
| Sector / category | Health Care | US Listed |
Year-by-year returns
| Year | HUM | ZCMD |
|---|---|---|
| 2022 | +11.2% | -35.4% |
| 2023 | -9.9% | -69.5% |
| 2024 | -44.0% | -53.8% |
| 2025 | +2.4% | -72.2% |
| 2026 | +54.4% | -99.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HUM and ZCMD good diversifiers for each other?
Yes. With a correlation of -0.25, HUM and ZCMD have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between HUM and ZCMD?
The HUM/ZCMD correlation stands at -0.25 on a 3-year window (1 year: -0.18, 5 years: -0.19), computed from weekly returns as of 2026-08-27.
Is ZCMD a good diversifier for HUM?
Yes. With a correlation of -0.25, HUM and ZCMD have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.25 mean?
A reading of -0.25 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/hum-vs-zcmd.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/hum-vs-zcmd/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: HUM correlations · ZCMD correlations
