KTCC vs ZCMD: Correlation
How closely do Key Tronic Corporation (KTCC) and Zhongchao Inc. - Class A (ZCMD) trade together? Their weekly returns over three years give a correlation of -0.21, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KTCC and ZCMD?
On 3 years of weekly data the KTCC/ZCMD correlation comes out at -0.21, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.33) than the 3-year average (-0.21). The 5-year figure is -0.14, and annualized covariance runs at -1187.0 %².
Out of 12 assets tracked against KTCC, ZCMD lands near the bottom at #11. The last year tells two different stories: KTCC led by 129.1 percentage points, +29.2% for KTCC against -99.9% for ZCMD. One caveat on sizing: ZCMD is 3.6 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.
KTCC vs ZCMD: side by side
| KTCC (Key Tronic Corporation) | ZCMD (Zhongchao Inc. - Class A) | |
|---|---|---|
| 1-year return | +29.2% | -99.9% |
| 5-year return | -42.7% | -100.0% |
| Volatility (ann.) | 39.4% | 141.8% |
| Beta vs S&P 500 | 0.56 | 0.59 |
| Max drawdown (3Y) | -62.5% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KTCC | ZCMD |
|---|---|---|
| 2022 | -30.8% | -35.4% |
| 2023 | -0.2% | -69.5% |
| 2024 | -3.5% | -53.8% |
| 2025 | -33.1% | -72.2% |
| 2026 | +38.0% | -99.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KTCC and ZCMD good diversifiers for each other?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
FAQ
What is the correlation between KTCC and ZCMD?
As of 2026-08-27, the correlation of weekly returns between KTCC and ZCMD is -0.21 over 3 years, -0.33 over 1 year and -0.14 over 5 years.
Is ZCMD a good diversifier for KTCC?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
What does a correlation of -0.21 mean?
A reading of -0.21 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ktcc-vs-zcmd.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ktcc-vs-zcmd/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: KTCC correlations · ZCMD correlations
