EBAY vs HAS: Correlation
eBay Inc. (EBAY) and Hasbro (HAS) show a weak relationship: their 3-year correlation of weekly returns is 0.26.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EBAY and HAS?
Over the past 3 years, EBAY and HAS moved with a correlation of 0.26, which is weak. The past 12 months show a weaker link (0.02) than the 3-year average (0.26). Over 5 years the correlation is 0.36, and the annualized covariance of weekly returns is 233.4 %².
By 3-year correlation, HAS places #18 of the 33 assets tracked against EBAY. The trailing year gives HAS the advantage: +10.6% versus +19.2%, a 8.6-point spread. The relationship is regime-dependent: the rolling one-year correlation swung between 0.07 and 0.69 over the past three years, so this pair behaves very differently depending on the market environment.
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.
EBAY vs HAS: side by side
| EBAY (eBay Inc.) | HAS (Hasbro) | |
|---|---|---|
| 1-year return | +10.6% | +19.2% |
| 5-year return | +43.9% | +17.1% |
| Volatility (ann.) | 28.9% | 31.7% |
| Beta vs S&P 500 | 0.58 | 0.86 |
| Max drawdown (3Y) | -20.7% | -40.3% |
| Market cap | $45.5B | $13.3B |
| P/E (trailing) | 21.9 | 17.1 |
| Dividend yield | 1.15% | 2.91% |
| Sector / category | Consumer Discretionary | Consumer Discretionary |
Year-by-year returns
| Year | EBAY | HAS |
|---|---|---|
| 2022 | -36.5% | -37.9% |
| 2023 | +7.7% | -11.9% |
| 2024 | +44.8% | +14.8% |
| 2025 | +42.7% | +52.5% |
| 2026 | +18.1% | +17.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EBAY and HAS good diversifiers for each other?
Reasonably. At 0.26, EBAY and HAS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between EBAY and HAS?
As of 2026-08-27, the correlation of weekly returns between EBAY and HAS is 0.26 over 3 years, 0.02 over 1 year and 0.36 over 5 years.
Is HAS a good diversifier for EBAY?
Reasonably. At 0.26, EBAY and HAS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.26 mean?
A reading of 0.26 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/ebay-vs-has.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ebay-vs-has/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EBAY correlations · HAS correlations
