CADL vs EJH: Correlation
How closely do Candel Therapeutics, Inc. (CADL) and E-Home Household Service Holdings Limited (EJH) trade together? Their weekly returns over three years give a correlation of 0.22, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CADL and EJH?
Over the past 3 years, CADL and EJH moved with a correlation of 0.22, which is weak. The link has loosened recently: the 1-year correlation (-0.00) runs below the 3-year figure (0.22). Over 5 years the correlation is 0.20, and the annualized covariance of weekly returns is 7680.0 %².
Among the 21 assets we track against CADL, EJH ranks #10 by 3-year correlation. Correlation aside, the last 12 months split them widely, with CADL ahead by 228.7 points (+132.7% versus -96.0%).
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.
CADL vs EJH: side by side
| CADL (Candel Therapeutics, Inc.) | EJH (E-Home Household Service Holdings Limited) | |
|---|---|---|
| 1-year return | +132.7% | -96.0% |
| 5-year return | +73.2% | -100.0% |
| Volatility (ann.) | 207.2% | 167.4% |
| Beta vs S&P 500 | 0.60 | -1.07 |
| Max drawdown (3Y) | -72.9% | -100.0% |
| Market cap | $1.1B | – |
| P/E (trailing) | – | 0.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CADL | EJH |
|---|---|---|
| 2022 | -77.1% | -98.5% |
| 2023 | -17.9% | -90.7% |
| 2024 | +490.5% | -99.7% |
| 2025 | -34.9% | -97.6% |
| 2026 | +143.4% | -93.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CADL and EJH good diversifiers for each other?
A fair diversifier. At 0.22, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CADL and EJH?
Using weekly returns as of 2026-08-27: 0.22 over 3 years, with -0.00 over the last year and 0.20 over 5 years.
Is EJH a good diversifier for CADL?
A fair diversifier. At 0.22, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.22 mean?
On the −1 to +1 scale, 0.22 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/cadl-vs-ejh.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cadl-vs-ejh/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CADL correlations · EJH correlations
