DRIO vs EPOW: Correlation
How closely do DarioHealth Corp. (DRIO) and E-Power Inc. - Class A (EPOW) trade together? Their weekly returns over three years give a correlation of 0.32, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DRIO and EPOW?
Over the past 3 years, DRIO and EPOW moved with a correlation of 0.32, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.54 versus 0.32 over 3 years. Over 5 years the correlation is 0.24, and the annualized covariance of weekly returns is 2573.9 %².
By 3-year correlation, EPOW places #8 of the 13 assets tracked against DRIO. Their recent paths diverged sharply: over the last 12 months DRIO outperformed by 20.3 percentage points (-29.6% for DRIO against -49.9% for EPOW).
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.
DRIO vs EPOW: side by side
| DRIO (DarioHealth Corp.) | EPOW (E-Power Inc. - Class A) | |
|---|---|---|
| 1-year return | -29.6% | -49.9% |
| 5-year return | -97.3% | -81.9% |
| Volatility (ann.) | 106.1% | 75.1% |
| Beta vs S&P 500 | 0.92 | 0.06 |
| Max drawdown (3Y) | -91.2% | -80.3% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DRIO | EPOW |
|---|---|---|
| 2022 | -67.0% | +135.3% |
| 2023 | -59.8% | -60.4% |
| 2024 | -54.3% | -20.0% |
| 2025 | -27.6% | +13.4% |
| 2026 | -40.5% | -54.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DRIO and EPOW good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.32 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between DRIO and EPOW?
Using weekly returns as of 2026-08-27: 0.32 over 3 years, with 0.54 over the last year and 0.24 over 5 years.
Is EPOW a good diversifier for DRIO?
Yes, to a useful degree: a correlation of 0.32 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.32 mean?
On the −1 to +1 scale, 0.32 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/drio-vs-epow.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/drio-vs-epow/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DRIO correlations · EPOW correlations
