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
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 return | n/a | n/a |
| Volatility (ann.) | 90.9% | 127.9% |
| Beta vs S&P 500 | 1.60 | -1.42 |
| Max drawdown (3Y) | -92.9% | -98.5% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
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
$ curl https://www.pairbook.io/api/v1/pairs/bold-vs-ehgo.json
Drop this badge in a README or notebook; it updates with the data:
[](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