JDZG vs ROP: Correlation
JIADE LIMITED - Class A (JDZG) and Roper Technologies (ROP) show a negative relationship: their 3-year correlation of weekly returns is -0.30.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JDZG and ROP?
On 3 years of weekly data the JDZG/ROP correlation comes out at -0.30, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.56) than the 3-year average (-0.30). The 5-year figure is n/a, and annualized covariance runs at -1692.4 %².
ROP is close to the least connected end of JDZG's tracked universe, ranking #21 of 25. The last year tells two different stories: ROP led by 80.0 percentage points, -99.3% for JDZG against -19.3% for ROP. Risk is not evenly split, since JDZG carries 12.3 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 ROP: side by side
| JDZG (JIADE LIMITED - Class A) | ROP (Roper Technologies) | |
|---|---|---|
| 1-year return | -99.3% | -19.3% |
| 5-year return | n/a | -9.6% |
| Volatility (ann.) | 252.5% | 20.5% |
| Beta vs S&P 500 | 0.21 | 0.55 |
| Max drawdown (3Y) | -100.0% | -46.5% |
| Market cap | – | $41.8B |
| P/E (trailing) | – | 17.6 |
| Dividend yield | 0.00% | 0.86% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | JDZG | ROP |
|---|---|---|
| 2022 | – | -11.6% |
| 2023 | – | +26.9% |
| 2024 | – | -4.1% |
| 2025 | -88.0% | -13.8% |
| 2026 | -98.2% | -4.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JDZG and ROP good diversifiers for each other?
Yes: at -0.30, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between JDZG and ROP?
As of 2026-08-27, the correlation of weekly returns between JDZG and ROP is -0.30 over 3 years, -0.56 over 1 year and n/a over 5 years.
Is ROP a good diversifier for JDZG?
Yes: at -0.30, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.30 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-rop.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/jdzg-vs-rop/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: JDZG correlations · ROP correlations
