JDZG vs PAL: Correlation
JIADE LIMITED - Class A (JDZG) and Proficient Auto Logistics, Inc. (PAL) show a negative relationship: their 3-year correlation of weekly returns is -0.31.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JDZG and PAL?
Across a 3-year window, the weekly returns of JDZG and PAL correlate at -0.31, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.39 over 1 year against -0.31 over 3. Stretching to 5 years gives n/a, with an annualized covariance of -6251.3 %².
PAL is close to the least connected end of JDZG's tracked universe, ranking #22 of 25. Correlation aside, the last 12 months split them widely, with PAL ahead by 65.0 points (-99.3% versus -34.3%). Risk is not evenly split, since JDZG carries 3.2 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.
JDZG vs PAL: side by side
| JDZG (JIADE LIMITED - Class A) | PAL (Proficient Auto Logistics, Inc.) | |
|---|---|---|
| 1-year return | -99.3% | -34.3% |
| 5-year return | n/a | n/a |
| Volatility (ann.) | 252.5% | 79.8% |
| Beta vs S&P 500 | 0.21 | 1.84 |
| Max drawdown (3Y) | -100.0% | -76.0% |
| Market cap | – | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Are JDZG and PAL good diversifiers for each other?
Yes: at -0.31, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between JDZG and PAL?
As of 2026-08-27, the correlation of weekly returns between JDZG and PAL is -0.31 over 3 years, -0.39 over 1 year and n/a over 5 years.
Is PAL a good diversifier for JDZG?
Yes: at -0.31, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.31 mean?
On the −1 to +1 scale, -0.31 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/jdzg-vs-pal.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/jdzg-vs-pal/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: JDZG correlations · PAL correlations
