EHGO vs KB: Correlation
Eshallgo Inc. - Class A (EHGO) and KB Financial Group Inc (KB) show a negative relationship: their 3-year correlation of weekly returns is -0.31.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EHGO and KB?
On 3 years of weekly data the EHGO/KB correlation comes out at -0.31, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.33 over 1 year against -0.31 over 3. The 5-year figure is n/a, and annualized covariance runs at -1392.7 %².
KB is close to the least connected end of EHGO's tracked universe, ranking #62 of 66. The last year tells two different stories: KB led by 145.3 percentage points, -90.1% for EHGO against +55.2% for KB. Note the risk asymmetry: EHGO runs 3.4 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 KB: side by side
| EHGO (Eshallgo Inc. - Class A) | KB (KB Financial Group Inc) | |
|---|---|---|
| 1-year return | -90.1% | +55.2% |
| 5-year return | n/a | +221.4% |
| Volatility (ann.) | 127.9% | 37.2% |
| Beta vs S&P 500 | -1.42 | 0.96 |
| Max drawdown (3Y) | -98.5% | -34.4% |
| Market cap | – | $42.6B |
| P/E (trailing) | – | 9.9 |
| Dividend yield | 0.00% | 3998.84% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EHGO | KB |
|---|---|---|
| 2022 | – | -11.3% |
| 2023 | – | +10.3% |
| 2024 | – | +45.2% |
| 2025 | -94.4% | +55.5% |
| 2026 | -65.9% | +41.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EHGO and KB good diversifiers for each other?
Yes. With a correlation of -0.31, EHGO and KB have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between EHGO and KB?
The EHGO/KB correlation stands at -0.31 on a 3-year window (1 year: -0.33, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is KB a good diversifier for EHGO?
Yes. With a correlation of -0.31, EHGO and KB have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.31 mean?
A reading of -0.31 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-kb.json
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Related comparisons
Hubs: EHGO correlations · KB correlations
