EHTH vs LAW: Correlation
How closely do eHealth, Inc. (EHTH) and CS Disco, Inc. (LAW) trade together? Their weekly returns over three years give a correlation of 0.41, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EHTH and LAW?
Over the past 3 years, EHTH and LAW moved with a correlation of 0.41, which is moderate. The link has tightened recently: the 1-year correlation (0.65) runs above the 3-year figure (0.41). Over 5 years the correlation is 0.25, and the annualized covariance of weekly returns is 1813.8 %².
Few assets follow EHTH as closely as LAW, which ranks #2 of 13 tracked partners. The last year tells two different stories: LAW led by 56.3 percentage points, -70.7% for EHTH against -14.4% for LAW.
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.
EHTH vs LAW: side by side
| EHTH (eHealth, Inc.) | LAW (CS Disco, Inc.) | |
|---|---|---|
| 1-year return | -70.7% | -14.4% |
| 5-year return | -97.0% | -91.3% |
| Volatility (ann.) | 70.4% | 62.8% |
| Beta vs S&P 500 | 1.11 | 0.96 |
| Max drawdown (3Y) | -89.8% | -71.7% |
| Market cap | – | $0.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EHTH | LAW |
|---|---|---|
| 2022 | -81.0% | -82.3% |
| 2023 | +80.2% | +20.1% |
| 2024 | +7.8% | -34.3% |
| 2025 | -51.1% | +55.5% |
| 2026 | -75.2% | -43.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EHTH and LAW good diversifiers for each other?
Reasonably. At 0.41, EHTH and LAW keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between EHTH and LAW?
The EHTH/LAW correlation stands at 0.41 on a 3-year window (1 year: 0.65, 5 years: 0.25), computed from weekly returns as of 2026-08-27.
Is LAW a good diversifier for EHTH?
Reasonably. At 0.41, EHTH and LAW keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.41 mean?
On the −1 to +1 scale, 0.41 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/ehth-vs-law.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ehth-vs-law/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EHTH correlations · LAW correlations
