STI vs ZCMD: Correlation
Measured on weekly returns over the past three years, Solidion Technology, Inc. (STI) and Zhongchao Inc. - Class A (ZCMD) carry a correlation of -0.30, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are STI and ZCMD?
Over the past 3 years, STI and ZCMD moved with a correlation of -0.30, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.39 over 1 year against -0.30 over 3. Over 5 years the correlation is -0.30, and the annualized covariance of weekly returns is -19441.0 %².
ZCMD is close to the least connected end of STI's tracked universe, ranking #19 of 22. Their recent paths diverged sharply: over the last 12 months STI outperformed by 245.3 percentage points (+145.4% for STI against -99.9% for ZCMD). Note the risk asymmetry: STI runs 3.2 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
STI vs ZCMD: side by side
| STI (Solidion Technology, Inc.) | ZCMD (Zhongchao Inc. - Class A) | |
|---|---|---|
| 1-year return | +145.4% | -99.9% |
| 5-year return | -98.5% | -100.0% |
| Volatility (ann.) | 458.4% | 141.8% |
| Beta vs S&P 500 | -1.02 | 0.59 |
| Max drawdown (3Y) | -99.5% | -100.0% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | STI | ZCMD |
|---|---|---|
| 2022 | – | -35.4% |
| 2023 | -24.1% | -69.5% |
| 2024 | -90.9% | -53.8% |
| 2025 | -79.7% | -72.2% |
| 2026 | +9.0% | -99.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are STI and ZCMD good diversifiers for each other?
Yes. With a correlation of -0.30, STI and ZCMD have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between STI and ZCMD?
The STI/ZCMD correlation stands at -0.30 on a 3-year window (1 year: -0.39, 5 years: -0.30), computed from weekly returns as of 2026-08-27.
Is ZCMD a good diversifier for STI?
Yes. With a correlation of -0.30, STI and ZCMD have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.30 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/sti-vs-zcmd.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/sti-vs-zcmd/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: STI correlations · ZCMD correlations
