VSME vs ZONE: Correlation
How closely do VS Media Holdings Limited - Class A (VSME) and CleanCore Solutions Inc. (ZONE) trade together? Their weekly returns over three years give a correlation of 0.34, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are VSME and ZONE?
Across a 3-year window, the weekly returns of VSME and ZONE correlate at 0.34, moderate. Little has changed lately, as the 1-year reading of 0.32 lands near the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of 10625.1 %².
Among the 17 assets we track against VSME, ZONE ranks #10 by 3-year correlation. Twelve-month performance is nearly a tie, at -96.9% for VSME and -97.7% for ZONE.
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.
VSME vs ZONE: side by side
| VSME (VS Media Holdings Limited - Class A) | ZONE (CleanCore Solutions Inc.) | |
|---|---|---|
| 1-year return | -96.9% | -97.7% |
| 5-year return | n/a | n/a |
| Volatility (ann.) | 209.9% | 149.2% |
| Beta vs S&P 500 | 2.59 | 0.94 |
| Max drawdown (3Y) | -99.9% | -97.9% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | VSME | ZONE |
|---|---|---|
| 2024 | -50.9% | – |
| 2025 | -92.2% | -79.8% |
| 2026 | -46.0% | -43.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are VSME and ZONE good diversifiers for each other?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between VSME and ZONE?
The VSME/ZONE correlation stands at 0.34 on a 3-year window (1 year: 0.32, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is ZONE a good diversifier for VSME?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.34 mean?
On the −1 to +1 scale, 0.34 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/vsme-vs-zone.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/vsme-vs-zone/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: VSME correlations · ZONE correlations
