EHGO vs HII: Correlation
Eshallgo Inc. - Class A (EHGO) and Huntington Ingalls Industries (HII) show a negative relationship: their 3-year correlation of weekly returns is -0.20.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EHGO and HII?
On 3 years of weekly data the EHGO/HII correlation comes out at -0.20, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.01) runs above the 3-year figure (-0.20). The 5-year figure is n/a, and annualized covariance runs at -960.2 %².
Among the 66 assets we track against EHGO, HII ranks #29 by 3-year correlation. The last year tells two different stories: HII led by 99.5 percentage points, -90.1% for EHGO against +9.4% for HII. One caveat on sizing: EHGO is 3.6 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 HII: side by side
| EHGO (Eshallgo Inc. - Class A) | HII (Huntington Ingalls Industries) | |
|---|---|---|
| 1-year return | -90.1% | +9.4% |
| 5-year return | n/a | +59.2% |
| Volatility (ann.) | 127.9% | 35.3% |
| Beta vs S&P 500 | -1.42 | 0.84 |
| Max drawdown (3Y) | -98.5% | -45.2% |
| Market cap | – | $11.7B |
| P/E (trailing) | – | 17.7 |
| Dividend yield | 0.00% | 1.85% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | EHGO | HII |
|---|---|---|
| 2022 | – | +26.3% |
| 2023 | – | +15.2% |
| 2024 | – | -25.7% |
| 2025 | -94.4% | +84.2% |
| 2026 | -65.9% | -11.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EHGO and HII good diversifiers for each other?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
FAQ
What is the correlation between EHGO and HII?
As of 2026-08-27, the correlation of weekly returns between EHGO and HII is -0.20 over 3 years, -0.01 over 1 year and n/a over 5 years.
Is HII a good diversifier for EHGO?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
What does a correlation of -0.20 mean?
On the −1 to +1 scale, -0.20 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/ehgo-vs-hii.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ehgo-vs-hii/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: EHGO correlations · HII correlations
