EHGO vs ORCL: Correlation
How closely do Eshallgo Inc. - Class A (EHGO) and Oracle Corporation (ORCL) trade together? Their weekly returns over three years give a correlation of -0.21, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EHGO and ORCL?
On 3 years of weekly data the EHGO/ORCL correlation comes out at -0.21, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.28) sits close to the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at -1490.0 %².
Within EHGO's tracked universe of 66 assets, ORCL comes in at #34 by 3-year correlation. Correlation aside, the last 12 months split them widely, with ORCL ahead by 55.3 points (-90.1% versus -34.8%). One caveat on sizing: EHGO is 2.6 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 ORCL: side by side
| EHGO (Eshallgo Inc. - Class A) | ORCL (Oracle Corporation) | |
|---|---|---|
| 1-year return | -90.1% | -34.8% |
| 5-year return | n/a | +81.7% |
| Volatility (ann.) | 127.9% | 49.9% |
| Beta vs S&P 500 | -1.42 | 1.71 |
| Max drawdown (3Y) | -98.5% | -64.6% |
| Market cap | – | $437.7B |
| P/E (trailing) | – | 25.5 |
| Dividend yield | 0.00% | 1.34% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | EHGO | ORCL |
|---|---|---|
| 2022 | – | -4.6% |
| 2023 | – | +30.9% |
| 2024 | – | +60.0% |
| 2025 | -94.4% | +18.1% |
| 2026 | -65.9% | -21.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EHGO and ORCL good diversifiers for each other?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between EHGO and ORCL?
The EHGO/ORCL correlation stands at -0.21 on a 3-year window (1 year: -0.28, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is ORCL a good diversifier for EHGO?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.21 mean?
On the −1 to +1 scale, -0.21 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-orcl.json
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Related comparisons
Hubs: EHGO correlations · ORCL correlations
