KUST vs ZKIN: Correlation
Measured on weekly returns over the past three years, Kustom Entertainment, Inc. (KUST) and ZK International Group Co., Ltd (ZKIN) carry a correlation of -0.32, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KUST and ZKIN?
On 3 years of weekly data the KUST/ZKIN correlation comes out at -0.32, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.26 versus -0.32 over 3 years. The 5-year figure is -0.26, and annualized covariance runs at -11642.0 %².
Among the 10 assets we track against KUST, ZKIN sits near the bottom by co-movement, at rank #9. Their recent paths diverged sharply: over the last 12 months ZKIN outperformed by 55.0 percentage points (-96.6% for KUST against -41.6% for ZKIN). Risk is not evenly split, since ZKIN carries 2.4 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.
KUST vs ZKIN: side by side
| KUST (Kustom Entertainment, Inc.) | ZKIN (ZK International Group Co., Ltd) | |
|---|---|---|
| 1-year return | -96.6% | -41.6% |
| 5-year return | -100.0% | -68.9% |
| Volatility (ann.) | 124.3% | 296.5% |
| Beta vs S&P 500 | 1.75 | -1.03 |
| Max drawdown (3Y) | -100.0% | -74.7% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KUST | ZKIN |
|---|---|---|
| 2022 | -78.5% | -70.6% |
| 2023 | -53.9% | +140.2% |
| 2024 | -75.0% | -38.8% |
| 2025 | -99.9% | +150.0% |
| 2026 | -89.8% | -23.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KUST and ZKIN good diversifiers for each other?
Yes: at -0.32, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between KUST and ZKIN?
The KUST/ZKIN correlation stands at -0.32 on a 3-year window (1 year: 0.26, 5 years: -0.26), computed from weekly returns as of 2026-08-27.
Is ZKIN a good diversifier for KUST?
Yes: at -0.32, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.32 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/kust-vs-zkin.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/kust-vs-zkin/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: KUST correlations · ZKIN correlations
