MAAS vs ZNB: Correlation
Measured on weekly returns over the past three years, Maase Inc. - Class A (MAAS) and Zeta Network Group - Class A (ZNB) carry a correlation of -0.26, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MAAS and ZNB?
On 3 years of weekly data the MAAS/ZNB correlation comes out at -0.26, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.02) runs above the 3-year figure (-0.26). The 5-year figure is -0.22, and annualized covariance runs at -5375.9 %².
ZNB is close to the least connected end of MAAS's tracked universe, ranking #13 of 13. Correlation aside, the last 12 months split them widely, with MAAS ahead by 408.3 points (+308.4% versus -99.9%).
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.
MAAS vs ZNB: side by side
| MAAS (Maase Inc. - Class A) | ZNB (Zeta Network Group - Class A) | |
|---|---|---|
| 1-year return | +308.4% | -99.9% |
| 5-year return | -94.5% | -100.0% |
| Volatility (ann.) | 126.1% | 165.3% |
| Beta vs S&P 500 | 1.00 | 2.26 |
| Max drawdown (3Y) | -99.6% | -100.0% |
| Market cap | $7.3B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MAAS | ZNB |
|---|---|---|
| 2022 | +14.9% | -95.4% |
| 2023 | -19.2% | -59.3% |
| 2024 | -94.6% | -93.6% |
| 2025 | -73.1% | -99.0% |
| 2026 | +206.3% | -99.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MAAS and ZNB good diversifiers for each other?
Yes: at -0.26, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between MAAS and ZNB?
The MAAS/ZNB correlation stands at -0.26 on a 3-year window (1 year: -0.02, 5 years: -0.22), computed from weekly returns as of 2026-08-27.
Is ZNB a good diversifier for MAAS?
Yes: at -0.26, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.26 mean?
On the −1 to +1 scale, -0.26 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.
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Related comparisons
Hubs: MAAS correlations · ZNB correlations
