CAG vs EJH: Correlation
Measured on weekly returns over the past three years, ConAgra Brands, Inc. (CAG) and E-Home Household Service Holdings Limited (EJH) carry a correlation of 0.19, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CAG and EJH?
Over the past 3 years, CAG and EJH moved with a correlation of 0.19, which is weak. Lately the two have moved closer together, with the 1-year correlation at 0.32 versus 0.19 over 3 years. Over 5 years the correlation is 0.15, and the annualized covariance of weekly returns is 788.3 %².
Within CAG's tracked universe of 34 assets, EJH comes in at #18 by 3-year correlation. The last year tells two different stories: CAG led by 86.2 percentage points, -9.8% for CAG against -96.0% for EJH. Risk is not evenly split, since EJH carries 6.9 times the volatility of the other side.
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.
CAG vs EJH: side by side
| CAG (ConAgra Brands, Inc.) | EJH (E-Home Household Service Holdings Limited) | |
|---|---|---|
| 1-year return | -9.8% | -96.0% |
| 5-year return | -36.6% | -100.0% |
| Volatility (ann.) | 24.2% | 167.4% |
| Beta vs S&P 500 | -0.05 | -1.07 |
| Max drawdown (3Y) | -56.7% | -100.0% |
| Market cap | $7.7B | – |
| P/E (trailing) | – | 0.0 |
| Dividend yield | 8.65% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CAG | EJH |
|---|---|---|
| 2022 | +17.5% | -98.5% |
| 2023 | -22.8% | -90.7% |
| 2024 | +1.5% | -99.7% |
| 2025 | -33.3% | -97.6% |
| 2026 | -2.1% | -93.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CAG and EJH good diversifiers for each other?
By historical standards, yes. A correlation of 0.19 means the two rarely move for the same reasons.
FAQ
What is the correlation between CAG and EJH?
The CAG/EJH correlation stands at 0.19 on a 3-year window (1 year: 0.32, 5 years: 0.15), computed from weekly returns as of 2026-08-27.
Is EJH a good diversifier for CAG?
By historical standards, yes. A correlation of 0.19 means the two rarely move for the same reasons.
What does a correlation of 0.19 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cag-vs-ejh.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cag-vs-ejh/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CAG correlations · EJH correlations
