COCH vs JAKK: Correlation
Measured on weekly returns over the past three years, Envoy Medical, Inc. (COCH) and JAKKS Pacific, Inc. (JAKK) carry a correlation of -0.28, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are COCH and JAKK?
On 3 years of weekly data the COCH/JAKK correlation comes out at -0.28, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.12) runs above the 3-year figure (-0.28). The 5-year figure is -0.20, and annualized covariance runs at -3936.1 %².
Out of 10 assets tracked against COCH, JAKK lands near the bottom at #8. The last year tells two different stories: JAKK led by 86.4 percentage points, -37.5% for COCH against +48.9% for JAKK. Risk is not evenly split, since COCH carries 4.7 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.
COCH vs JAKK: side by side
| COCH (Envoy Medical, Inc.) | JAKK (JAKKS Pacific, Inc.) | |
|---|---|---|
| 1-year return | -37.5% | +48.9% |
| 5-year return | -92.4% | +96.2% |
| Volatility (ann.) | 256.3% | 54.5% |
| Beta vs S&P 500 | 0.52 | 1.20 |
| Max drawdown (3Y) | -96.3% | -57.3% |
| Market cap | $0.1B | $0.3B |
| P/E (trailing) | – | 18.2 |
| Dividend yield | 0.00% | 3.90% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | COCH | JAKK |
|---|---|---|
| 2022 | +2.9% | +72.1% |
| 2023 | -81.9% | +103.3% |
| 2024 | -21.0% | -20.8% |
| 2025 | -53.8% | -36.9% |
| 2026 | +10.6% | +55.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are COCH and JAKK good diversifiers for each other?
By historical standards, yes. A correlation of -0.28 means the two rarely move for the same reasons.
FAQ
What is the correlation between COCH and JAKK?
Using weekly returns as of 2026-08-27: -0.28 over 3 years, with 0.12 over the last year and -0.20 over 5 years.
Is JAKK a good diversifier for COCH?
By historical standards, yes. A correlation of -0.28 means the two rarely move for the same reasons.
What does a correlation of -0.28 mean?
On the −1 to +1 scale, -0.28 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/coch-vs-jakk.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/coch-vs-jakk/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: COCH correlations · JAKK correlations
