PairBook
HomeBOLD › BOLD vs EHGO

BOLD vs EHGO: Correlation

Boundless Bio, Inc. (BOLD) and Eshallgo Inc. - Class A (EHGO) show a moderate relationship: their 3-year correlation of weekly returns is 0.39.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.39
moderate
Correlation (1Y)
0.60
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
4260.4
%² · weekly, annualized

How correlated are BOLD and EHGO?

On 3 years of weekly data the BOLD/EHGO correlation comes out at 0.39, moderate. The link has tightened recently: the 1-year correlation (0.60) runs above the 3-year figure (0.39). The 5-year figure is n/a, and annualized covariance runs at 4260.4 %².

By 3-year correlation, EHGO places #9 of the 18 assets tracked against BOLD. Correlation aside, the last 12 months split them widely, with BOLD ahead by 241.0 points (+150.9% versus -90.1%).

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.

BOLD vs EHGO: side by side

BOLD (Boundless Bio, Inc.)EHGO (Eshallgo Inc. - Class A)
1-year return+150.9%-90.1%
5-year returnn/an/a
Volatility (ann.)90.9%127.9%
Beta vs S&P 5001.60-1.42
Max drawdown (3Y)-92.9%-98.5%
Market cap$0.1B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: BOLD -92.9% vs -98.5%
-89%0%+161%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. BOLD · EHGO

Are BOLD and EHGO good diversifiers for each other?

Reasonably. At 0.39, BOLD and EHGO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between BOLD and EHGO?

As of 2026-08-27, the correlation of weekly returns between BOLD and EHGO is 0.39 over 3 years, 0.60 over 1 year and n/a over 5 years.

Is EHGO a good diversifier for BOLD?

Reasonably. At 0.39, BOLD and EHGO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.39 mean?

On the −1 to +1 scale, 0.39 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/bold-vs-ehgo.json

BOLD vs EHGO: 3-year weekly correlation 0.39BOLD vs EHGO0.39

Drop this badge in a README or notebook; it updates with the data:

[![BOLD vs EHGO correlation](https://www.pairbook.io/api/v1/badge/bold-vs-ehgo.svg)](https://www.pairbook.io/pair/bold-vs-ehgo/)

No key needed, free to use. Full endpoint list in the API documentation.

Related comparisons

Hubs: BOLD correlations · EHGO correlations