EHGO vs JYNT: Correlation
Eshallgo Inc. - Class A (EHGO) and The Joint Corp. (JYNT) show a negative relationship: their 3-year correlation of weekly returns is -0.25.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EHGO and JYNT?
Over the past 3 years, EHGO and JYNT moved with a correlation of -0.25, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.30 over 1 year against -0.25 over 3. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -1229.6 %².
Within EHGO's tracked universe of 66 assets, JYNT comes in at #51 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months JYNT outperformed by 68.7 percentage points (-90.1% for EHGO against -21.4% for JYNT). Risk is not evenly split, since EHGO carries 3.1 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 JYNT: side by side
| EHGO (Eshallgo Inc. - Class A) | JYNT (The Joint Corp.) | |
|---|---|---|
| 1-year return | -90.1% | -21.4% |
| 5-year return | n/a | -91.8% |
| Volatility (ann.) | 127.9% | 41.9% |
| Beta vs S&P 500 | -1.42 | 0.98 |
| Max drawdown (3Y) | -98.5% | -56.6% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | 60.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EHGO | JYNT |
|---|---|---|
| 2022 | – | -78.7% |
| 2023 | – | -31.3% |
| 2024 | – | +10.6% |
| 2025 | -94.4% | -18.0% |
| 2026 | -65.9% | -3.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EHGO and JYNT good diversifiers for each other?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
FAQ
What is the correlation between EHGO and JYNT?
Using weekly returns as of 2026-08-27: -0.25 over 3 years, with -0.30 over the last year and n/a over 5 years.
Is JYNT a good diversifier for EHGO?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
What does a correlation of -0.25 mean?
A reading of -0.25 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/ehgo-vs-jynt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ehgo-vs-jynt/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: EHGO correlations · JYNT correlations
