ETHZilla Correlations

ETHZ Stock

5.18 0.05 0.97%

The current 90-days correlation between ETHZilla and Etoiles Capital Group is 0.02 (i.e., Significant diversification). The correlation of ETHZilla is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

ETHZilla Correlation With Market

Weak diversification

The correlation between ETHZilla and DJI is 0.35 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding ETHZilla and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with ETHZilla Stock

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ETHZilla. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

For more information on how to buy ETHZilla Stock please use our How to Invest in ETHZilla guide.

Moving together with ETHZilla Stock

0.78	CD	Chaince Digital Holdings Symbol Change	Pair Corr
0.71	KD	Kyndryl Holdings	Pair Corr
0.66	002184	Shanghai HiTech Control	Pair Corr
0.72	600476	Hunan Copote Science	Pair Corr
0.82	DUG	DUG Technology	Pair Corr
0.73	002642	Ronglian Group	Pair Corr
0.79	688201	Beijing Infosec Tech	Pair Corr
0.88	BEO	Beonic	Pair Corr
0.73	GNIP	GenIP PLC	Pair Corr
0.8	WYFI	WhiteFiber, Ordinary Tech Boost	Pair Corr
0.61	BAH	Booz Allen Hamilton	Pair Corr
0.84	300002	Beijing Ultrapower	Pair Corr
0.86	GLE	Global Engine Group	Pair Corr
0.7	FUSE	Fusemachines Common stock	Pair Corr
0.81	UIS	Unisys	Pair Corr

Moving against ETHZilla Stock

0.87	EPAM	EPAM Systems	Pair Corr
0.84	301218	Zhejiang Whyis Technology	Pair Corr
0.71	ACN	Accenture plc	Pair Corr
0.56	300605	HengFeng Information	Pair Corr
0.48	FDM	FDM Group Holdings	Pair Corr
0.47	002093	Guomai Technologies	Pair Corr
0.44	DM	Datametrex AI	Pair Corr
0.42	DXC	DXC Technology	Pair Corr
0.82	INFY	Infosys Ltd ADR Potential Growth	Pair Corr
0.71	WIT	Wipro Limited ADR	Pair Corr
0.53	IBM	International Business	Pair Corr
0.51	IBM	International Business	Pair Corr
0.46	HPAI	Helport AI Limited	Pair Corr
0.41	WYY	Widepoint C	Pair Corr
0.38	SPA	1Spatial PLC	Pair Corr
0.35	HCKT	Hackett Group	Pair Corr
0.33	GIB	CGI Inc	Pair Corr

Related Correlations Analysis

	EFTY	LWAC	PLTS	PACH	SVAC	GECC	NEWT
EFTY		0.0	0.8	0.2	0.0	-0.64	-0.23	EFTY
LWAC	0.0		0.0	0.0	0.0	0.0	0.0	LWAC
PLTS	0.8	0.0		0.44	0.0	-0.88	-0.29	PLTS
PACH	0.2	0.0	0.44		0.0	-0.48	-0.3	PACH
SVAC	0.0	0.0	0.0	0.0		0.0	0.0	SVAC
GECC	-0.64	0.0	-0.88	-0.48	0.0		0.22	GECC
NEWT	-0.23	0.0	-0.29	-0.3	0.0	0.22		NEWT
	EFTY	LWAC	PLTS	PACH	SVAC	GECC	NEWT

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

PLTS	+ 0.8	EFTY
PACH	+ 0.44	PLTS
NEWT	+ 0.22	GECC
PACH	+ 0.2	EFTY
LWAC	+ 0.0	EFTY
SVAC	+ 0.0	EFTY

High negative correlations

GECC	- 0.88	PLTS
GECC	- 0.64	EFTY
GECC	- 0.48	PACH
NEWT	- 0.3	PACH
NEWT	- 0.29	PLTS
NEWT	- 0.23	EFTY

Risk-Adjusted Indicators

There is a big difference between ETHZilla Stock performing well and ETHZilla Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze ETHZilla's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
EFTY	1.30	0.49	0.00	17.46	0.00	0.00	6.10	(0.13)	22.31
LWAC	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
PLTS	1.96	0.82	0.00	(19.07)	0.00	0.00	5.06	0.00	57.81
PACH	0.11	0.00	(0.42)	(0.39)	0.00	(0.19)	0.30	(0.20)	0.89
SVAC	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
GECC	2.24	(0.72)	0.00	(0.95)	0.00	0.00	3.24	(6.74)	14.04
NEWT	1.44	(0.12)	(0.04)	(0.01)	1.97	(1.44)	3.03	(3.27)	8.69

ETHZilla Corporate Executives

Elected by the shareholders, the ETHZilla's board of directors comprises two types of representatives: ETHZilla inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ETHZilla. The board's role is to monitor ETHZilla's management team and ensure that shareholders' interests are well served. ETHZilla's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, ETHZilla's outside directors are responsible for providing unbiased perspectives on the board's policies.

Sir Feldman	CoFounder	Profile
Pr MD	CoFounder Board	Profile
John Saunders	Senior CFO	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC