EDUC vs ISPR: Correlation
Educational Development Corporation (EDUC) and Ispire Technology Inc. (ISPR) show a negative relationship: their 3-year correlation of weekly returns is -0.24.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EDUC and ISPR?
Over the past 3 years, EDUC and ISPR moved with a correlation of -0.24, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.04 versus -0.24 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -1289.0 %².
Among the 14 assets we track against EDUC, ISPR sits near the bottom by co-movement, at rank #12. The last year tells two different stories: EDUC led by 80.4 percentage points, +25.9% for EDUC against -54.5% for ISPR.
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.
EDUC vs ISPR: side by side
| EDUC (Educational Development Corporation) | ISPR (Ispire Technology Inc.) | |
|---|---|---|
| 1-year return | +25.9% | -54.5% |
| 5-year return | -85.6% | n/a |
| Volatility (ann.) | 62.4% | 85.1% |
| Beta vs S&P 500 | 0.67 | 1.12 |
| Max drawdown (3Y) | -63.5% | -93.3% |
| Market cap | – | $0.1B |
| P/E (trailing) | 5.7 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EDUC | ISPR |
|---|---|---|
| 2022 | -64.6% | – |
| 2023 | -63.3% | – |
| 2024 | +42.2% | -58.5% |
| 2025 | -20.0% | -44.3% |
| 2026 | +3.0% | -49.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EDUC and ISPR good diversifiers for each other?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between EDUC and ISPR?
Using weekly returns as of 2026-08-27: -0.24 over 3 years, with -0.04 over the last year and n/a over 5 years.
Is ISPR a good diversifier for EDUC?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.24 mean?
On the −1 to +1 scale, -0.24 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/educ-vs-ispr.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/educ-vs-ispr/)
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Related comparisons
Hubs: EDUC correlations · ISPR correlations
