APTV vs EHGO: Correlation
Aptiv (APTV) and Eshallgo Inc. - Class A (EHGO) show a negative relationship: their 3-year correlation of weekly returns is -0.17.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are APTV and EHGO?
Over the past 3 years, APTV and EHGO moved with a correlation of -0.17, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.14 lands near the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -842.4 %².
Among the 33 assets we track against APTV, EHGO ranks #27 by 3-year correlation. Correlation aside, the last 12 months split them widely, with APTV ahead by 46.9 points (-43.2% versus -90.1%). One caveat on sizing: EHGO is 3.4 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
APTV vs EHGO: side by side
| APTV (Aptiv) | EHGO (Eshallgo Inc. - Class A) | |
|---|---|---|
| 1-year return | -43.2% | -90.1% |
| 5-year return | -70.3% | n/a |
| Volatility (ann.) | 37.7% | 127.9% |
| Beta vs S&P 500 | 0.76 | -1.42 |
| Max drawdown (3Y) | -56.5% | -98.5% |
| Market cap | $9.4B | – |
| P/E (trailing) | 20.9 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | APTV | EHGO |
|---|---|---|
| 2022 | -43.5% | – |
| 2023 | -3.7% | – |
| 2024 | -32.6% | – |
| 2025 | +25.8% | -94.4% |
| 2026 | -40.3% | -65.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are APTV and EHGO good diversifiers for each other?
Yes. With a correlation of -0.17, APTV and EHGO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between APTV and EHGO?
The APTV/EHGO correlation stands at -0.17 on a 3-year window (1 year: -0.14, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is EHGO a good diversifier for APTV?
Yes. With a correlation of -0.17, APTV and EHGO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.17 mean?
A reading of -0.17 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/aptv-vs-ehgo.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aptv-vs-ehgo/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: APTV correlations · EHGO correlations
