EHGO vs EHTH: Correlation
How closely do Eshallgo Inc. - Class A (EHGO) and eHealth, Inc. (EHTH) trade together? Their weekly returns over three years give a correlation of -0.26, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EHGO and EHTH?
Across a 3-year window, the weekly returns of EHGO and EHTH correlate at -0.26, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.27 lands near the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of -2505.8 %².
By 3-year correlation, EHTH places #53 of the 66 assets tracked against EHGO. Their recent paths diverged sharply: over the last 12 months EHTH outperformed by 19.4 percentage points (-90.1% for EHGO against -70.7% for EHTH). Risk is not evenly split, since EHGO carries 1.8 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.
EHGO vs EHTH: side by side
| EHGO (Eshallgo Inc. - Class A) | EHTH (eHealth, Inc.) | |
|---|---|---|
| 1-year return | -90.1% | -70.7% |
| 5-year return | n/a | -97.0% |
| Volatility (ann.) | 127.9% | 70.4% |
| Beta vs S&P 500 | -1.42 | 1.11 |
| Max drawdown (3Y) | -98.5% | -89.8% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EHGO | EHTH |
|---|---|---|
| 2022 | – | -81.0% |
| 2023 | – | +80.2% |
| 2024 | – | +7.8% |
| 2025 | -94.4% | -51.1% |
| 2026 | -65.9% | -75.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EHGO and EHTH good diversifiers for each other?
Yes: at -0.26, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between EHGO and EHTH?
The EHGO/EHTH correlation stands at -0.26 on a 3-year window (1 year: -0.27, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is EHTH a good diversifier for EHGO?
Yes: at -0.26, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.26 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ehgo-vs-ehth.json
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