JDZG vs PBHC: Correlation
JIADE LIMITED - Class A (JDZG) and Pathfinder Bancorp, Inc. (PBHC) show a moderate relationship: their 3-year correlation of weekly returns is 0.35.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JDZG and PBHC?
On 3 years of weekly data the JDZG/PBHC correlation comes out at 0.35, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.14 versus 0.35 over 3 years. The 5-year figure is n/a, and annualized covariance runs at 2442.9 %².
By 3-year correlation, PBHC places #7 of the 25 assets tracked against JDZG. Correlation aside, the last 12 months split them widely, with PBHC ahead by 111.7 points (-99.3% versus +12.4%). Note the risk asymmetry: JDZG runs 9.2 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.
JDZG vs PBHC: side by side
| JDZG (JIADE LIMITED - Class A) | PBHC (Pathfinder Bancorp, Inc.) | |
|---|---|---|
| 1-year return | -99.3% | +12.4% |
| 5-year return | n/a | +13.4% |
| Volatility (ann.) | 252.5% | 27.4% |
| Beta vs S&P 500 | 0.21 | -0.02 |
| Max drawdown (3Y) | -100.0% | -33.6% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | 1632.0 |
| Dividend yield | 0.00% | 2.42% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | JDZG | PBHC |
|---|---|---|
| 2022 | – | +13.5% |
| 2023 | – | -25.1% |
| 2024 | – | +28.5% |
| 2025 | -88.0% | -17.3% |
| 2026 | -98.2% | +18.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JDZG and PBHC good diversifiers for each other?
Reasonably. At 0.35, JDZG and PBHC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between JDZG and PBHC?
The JDZG/PBHC correlation stands at 0.35 on a 3-year window (1 year: 0.14, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is PBHC a good diversifier for JDZG?
Reasonably. At 0.35, JDZG and PBHC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.35 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/jdzg-vs-pbhc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/jdzg-vs-pbhc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: JDZG correlations · PBHC correlations
