JDZG vs TYL: Correlation
JIADE LIMITED - Class A (JDZG) and Tyler Technologies (TYL) show a negative relationship: their 3-year correlation of weekly returns is -0.23.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JDZG and TYL?
Across a 3-year window, the weekly returns of JDZG and TYL correlate at -0.23, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.37) than the 3-year average (-0.23). Stretching to 5 years gives n/a, with an annualized covariance of -1765.8 %².
By 3-year correlation, TYL places #19 of the 25 assets tracked against JDZG. The last year tells two different stories: TYL led by 65.3 percentage points, -99.3% for JDZG against -34.0% for TYL. Risk is not evenly split, since JDZG carries 8.5 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 TYL: side by side
| JDZG (JIADE LIMITED - Class A) | TYL (Tyler Technologies) | |
|---|---|---|
| 1-year return | -99.3% | -34.0% |
| 5-year return | n/a | -22.5% |
| Volatility (ann.) | 252.5% | 29.6% |
| Beta vs S&P 500 | 0.21 | 0.61 |
| Max drawdown (3Y) | -100.0% | -57.4% |
| Market cap | – | $15.1B |
| P/E (trailing) | – | 46.3 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | JDZG | TYL |
|---|---|---|
| 2022 | – | -40.1% |
| 2023 | – | +29.7% |
| 2024 | – | +37.9% |
| 2025 | -88.0% | -21.3% |
| 2026 | -98.2% | -18.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JDZG and TYL good diversifiers for each other?
By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.
FAQ
What is the correlation between JDZG and TYL?
As of 2026-08-27, the correlation of weekly returns between JDZG and TYL is -0.23 over 3 years, -0.37 over 1 year and n/a over 5 years.
Is TYL a good diversifier for JDZG?
By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.
What does a correlation of -0.23 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-tyl.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/jdzg-vs-tyl/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: JDZG correlations · TYL correlations
