CVGI vs EJH: Correlation
Commercial Vehicle Group, Inc. (CVGI) and E-Home Household Service Holdings Limited (EJH) show a negative relationship: their 3-year correlation of weekly returns is -0.34.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CVGI and EJH?
On 3 years of weekly data the CVGI/EJH correlation comes out at -0.34, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.63) runs below the 3-year figure (-0.34). The 5-year figure is -0.24, and annualized covariance runs at -4702.3 %².
Among the 16 assets we track against CVGI, EJH sits near the bottom by co-movement, at rank #16. Correlation aside, the last 12 months split them widely, with CVGI ahead by 174.7 points (+78.7% versus -96.0%). Risk is not evenly split, since EJH carries 2.1 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.
CVGI vs EJH: side by side
| CVGI (Commercial Vehicle Group, Inc.) | EJH (E-Home Household Service Holdings Limited) | |
|---|---|---|
| 1-year return | +78.7% | -96.0% |
| 5-year return | -70.3% | -100.0% |
| Volatility (ann.) | 81.5% | 167.4% |
| Beta vs S&P 500 | 0.77 | -1.07 |
| Max drawdown (3Y) | -91.0% | -100.0% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | 0.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CVGI | EJH |
|---|---|---|
| 2022 | -15.5% | -98.5% |
| 2023 | +2.9% | -90.7% |
| 2024 | -64.6% | -99.7% |
| 2025 | -41.9% | -97.6% |
| 2026 | +120.8% | -93.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CVGI and EJH good diversifiers for each other?
Yes. With a correlation of -0.34, CVGI and EJH have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between CVGI and EJH?
Using weekly returns as of 2026-08-27: -0.34 over 3 years, with -0.63 over the last year and -0.24 over 5 years.
Is EJH a good diversifier for CVGI?
Yes. With a correlation of -0.34, CVGI and EJH have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.34 mean?
A reading of -0.34 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cvgi-vs-ejh.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cvgi-vs-ejh/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CVGI correlations · EJH correlations
