JZXN vs ORKA: Correlation
Measured on weekly returns over the past three years, Jiuzi Holdings, Inc. (JZXN) and Oruka Therapeutics, Inc. (ORKA) carry a correlation of -0.22, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JZXN and ORKA?
Across a 3-year window, the weekly returns of JZXN and ORKA correlate at -0.22, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.25 over 1 year against -0.22 over 3. Stretching to 5 years gives -0.16, with an annualized covariance of -3005.5 %².
ORKA is close to the least connected end of JZXN's tracked universe, ranking #9 of 10. Correlation aside, the last 12 months split them widely, with ORKA ahead by 632.6 points (-96.6% versus +536.0%). One caveat on sizing: JZXN is 2.1 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
JZXN vs ORKA: side by side
| JZXN (Jiuzi Holdings, Inc.) | ORKA (Oruka Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | -96.6% | +536.0% |
| 5-year return | -100.0% | +390.4% |
| Volatility (ann.) | 171.7% | 80.7% |
| Beta vs S&P 500 | 2.26 | 0.66 |
| Max drawdown (3Y) | -100.0% | -77.8% |
| Market cap | – | $6.4B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | JZXN | ORKA |
|---|---|---|
| 2022 | -92.0% | +10.2% |
| 2023 | -58.7% | -28.3% |
| 2024 | -87.7% | +76.7% |
| 2025 | -96.9% | +56.3% |
| 2026 | -34.7% | +218.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JZXN and ORKA good diversifiers for each other?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
FAQ
What is the correlation between JZXN and ORKA?
The JZXN/ORKA correlation stands at -0.22 on a 3-year window (1 year: -0.25, 5 years: -0.16), computed from weekly returns as of 2026-08-27.
Is ORKA a good diversifier for JZXN?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
What does a correlation of -0.22 mean?
On the −1 to +1 scale, -0.22 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/jzxn-vs-orka.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/jzxn-vs-orka/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: JZXN correlations · ORKA correlations
