EHGO vs IQST: Correlation
Eshallgo Inc. - Class A (EHGO) and iQSTEL Inc. (IQST) show a moderate relationship: their 3-year correlation of weekly returns is 0.33.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EHGO and IQST?
On 3 years of weekly data the EHGO/IQST correlation comes out at 0.33, moderate. Recent behaviour matches the longer record: 0.36 over 1 year against 0.33 over 3. The 5-year figure is n/a, and annualized covariance runs at 3499.0 %².
Among the 66 assets we track against EHGO, IQST ranks #6 by 3-year correlation. On 12-month performance IQST holds a 5.0-point edge, -90.1% against -85.1%. Note the risk asymmetry: EHGO runs 1.6 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 IQST: side by side
| EHGO (Eshallgo Inc. - Class A) | IQST (iQSTEL Inc.) | |
|---|---|---|
| 1-year return | -90.1% | -85.1% |
| 5-year return | n/a | -98.1% |
| Volatility (ann.) | 127.9% | 81.9% |
| Beta vs S&P 500 | -1.42 | 1.03 |
| Max drawdown (3Y) | -98.5% | -97.1% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EHGO | IQST |
|---|---|---|
| 2022 | – | -80.1% |
| 2023 | – | -18.9% |
| 2024 | – | +100.0% |
| 2025 | -94.4% | -87.7% |
| 2026 | -65.9% | -67.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EHGO and IQST good diversifiers for each other?
A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between EHGO and IQST?
The EHGO/IQST correlation stands at 0.33 on a 3-year window (1 year: 0.36, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is IQST a good diversifier for EHGO?
A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.33 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-iqst.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ehgo-vs-iqst/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EHGO correlations · IQST correlations
