Kuaishou Technology Correlations

KUASF Pink Sheet

USD 5.78 0.43 8.04%

Rolling correlation with major benchmarks shows how the stock's diversification benefit shifts over time. The current 90-days correlation between Kuaishou Technology and Baidu Inc is 0.1 (i.e., Good diversification).

Market Correlation View for Kuaishou Technology

Moderate diversification

Across the chosen horizon, Kuaishou Technology and Dow Jones show a correlation of 0.36 and fall into the Moderate diversification bucket. A 0.36 reading means Kuaishou Technology and Dow Jones have partial price overlap, providing moderate risk reduction when paired.

This dataset outlines how Kuaishou Technology behaves relative to comparable instruments. Wash sale provisions may affect replacement decisions involving similar securities.

Moving together with Kuaishou Pink Sheet

0.75	TCTZF	Tencent Holdings	Pair Corr
0.77	TCEHY	Tencent Holdings	Pair Corr
0.69	PROSY	Prosus NV ADR	Pair Corr
0.73	PROSF	Prosus	Pair Corr
0.61	DASH	DoorDash Class A Sell-off Trend	Pair Corr
0.85	BAIDF	Baidu Inc	Pair Corr
0.77	BIDU	Baidu Inc	Pair Corr
0.72	IBM	International Business	Pair Corr

Moving Against Kuaishou Pink Sheet

0.7	EPD	Enterprise Products Earnings Call This Week	Pair Corr
0.54	AM	Antero Midstream Partners Earnings Call This Week	Pair Corr
0.35	SHG	Shinhan Financial	Pair Corr
0.34	KB	KB Financial Group	Pair Corr
0.64	INTC	Intel Upward Rally	Pair Corr
0.61	CAT	Caterpillar Earnings Call This Week	Pair Corr
0.5	PFE	Pfizer Inc	Pair Corr
0.5	XOM	Exxon Mobil Corp Earnings Call This Week	Pair Corr
0.32	MRK	Merck Company Earnings Call This Week	Pair Corr
0.31	WMT	Walmart Aggressive Push	Pair Corr

Related Correlations Analysis

	BAIDF	SWZCF	SCMWY	TLGPY	TTRAF	UNVGY	FNCTF	UMGNF	YAHOF	CLLNY
BAIDF		-0.46	-0.5	-0.88	-0.84	0.6	-0.75	0.56	-0.11	-0.24	BAIDF
SWZCF	-0.46		0.86	0.54	0.56	-0.63	0.58	-0.65	-0.03	0.46	SWZCF
SCMWY	-0.5	0.86		0.64	0.55	-0.41	0.65	-0.45	-0.15	0.7	SCMWY
TLGPY	-0.88	0.54	0.64		0.86	-0.48	0.83	-0.47	0.04	0.38	TLGPY
TTRAF	-0.84	0.56	0.55	0.86		-0.55	0.73	-0.55	0.18	0.24	TTRAF
UNVGY	0.6	-0.63	-0.41	-0.48	-0.55		-0.47	0.95	-0.43	0.17	UNVGY
FNCTF	-0.75	0.58	0.65	0.83	0.73	-0.47		-0.48	0.03	0.37	FNCTF
UMGNF	0.56	-0.65	-0.45	-0.47	-0.55	0.95	-0.48		-0.44	0.17	UMGNF
YAHOF	-0.11	-0.03	-0.15	0.04	0.18	-0.43	0.03	-0.44		-0.44	YAHOF
CLLNY	-0.24	0.46	0.7	0.38	0.24	0.17	0.37	0.17	-0.44		CLLNY
	BAIDF	SWZCF	SCMWY	TLGPY	TTRAF	UNVGY	FNCTF	UMGNF	YAHOF	CLLNY

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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

UMGNF	+ 0.95	UNVGY
SCMWY	+ 0.86	SWZCF
TTRAF	+ 0.86	TLGPY
FNCTF	+ 0.83	TLGPY
FNCTF	+ 0.73	TTRAF
CLLNY	+ 0.7	SCMWY

High negative correlations

TLGPY	- 0.88	BAIDF
TTRAF	- 0.84	BAIDF
FNCTF	- 0.75	BAIDF
UMGNF	- 0.65	SWZCF
UNVGY	- 0.63	SWZCF
UMGNF	- 0.55	TTRAF

Risk-Adjusted Indicators

Strong recent returns in Kuaishou Pink Sheet do not always mean Kuaishou Technology Company is outperforming peers on business quality. Peer-relative risk metrics add context on drawdown behavior, consistency, and return quality. These indicators are quantitative in nature and measure volatility and risk-adjusted expected returns across different positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
BAIDF	2.59	-0.36	0.00	0.85	0.00	0.00	10.17	-9.04	30.44
SWZCF	1.53	0.15	0.04	-0.40	1.74	-3.53	4.10	-4.94	9.41
SCMWY	1.01	0.25	0.20	1.85	0.95	-1.14	2.12	-1.75	9.18
TLGPY	0.86	0.30	0.28	0.84	0.66	-0.95	2.02	-1.65	4.73
TTRAF	0.67	0.18	0.00	0.70	0.00	0.00	1.10	0.00	16.84
UNVGY	1.94	-0.04	0.00	-0.07	0.00	0.00	4.28	-4.84	17.62
FNCTF	1.06	0.32	0.13	-3.11	0.61	-5.32	3.70	-2.26	15.37
UMGNF	2.13	-0.01	0.00	-0.01	0.00	0.00	3.91	-4.32	18.07
YAHOF	1.34	0.08	0.00	-0.91	0.00	0.00	2.21	-3.03	27.61
CLLNY	1.73	0.21	0.08	0.32	2.49	-1.80	3.38	-3.14	14.05

Be Your Own Money Manager

A disciplined portfolio workflow around Kuaishou Technology tests whether the position strengthens diversification, return efficiency, and aggregate portfolio fit. Comparing expected return, volatility, and correlation before the position is increased or introduced reduces avoidable risk.

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Kuaishou Technology Corporate Management

Dingjia Chen	Chief Officer	Profile
Yik Chong	Advisor	Profile
Bing Jin	Chief Officer	Profile
Hua Su	CoFounder Chairman	Profile
Yixiao Cheng	Ex CoFounder	Profile
Hongyi Jia	Joint Sec	Profile
Heather Diwu	Director IR	Profile