EJH vs EME: Correlation
Measured on weekly returns over the past three years, E-Home Household Service Holdings Limited (EJH) and Emcor (EME) carry a correlation of -0.19, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EJH and EME?
Over the past 3 years, EJH and EME moved with a correlation of -0.19, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.18) sits close to the 3-year figure. Over 5 years the correlation is -0.14, and the annualized covariance of weekly returns is -1111.1 %².
Within EJH's tracked universe of 38 assets, EME comes in at #17 by 3-year correlation. The last year tells two different stories: EME led by 120.5 percentage points, -96.0% for EJH against +24.5% for EME. Risk is not evenly split, since EJH carries 4.8 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.
EJH vs EME: side by side
| EJH (E-Home Household Service Holdings Limited) | EME (Emcor) | |
|---|---|---|
| 1-year return | -96.0% | +24.5% |
| 5-year return | -100.0% | +540.3% |
| Volatility (ann.) | 167.4% | 34.9% |
| Beta vs S&P 500 | -1.07 | 1.31 |
| Max drawdown (3Y) | -100.0% | -36.2% |
| Market cap | – | $34.2B |
| P/E (trailing) | 0.0 | 23.8 |
| Dividend yield | 0.00% | 0.09% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | EJH | EME |
|---|---|---|
| 2022 | -98.5% | +16.8% |
| 2023 | -90.7% | +46.0% |
| 2024 | -99.7% | +111.3% |
| 2025 | -97.6% | +35.1% |
| 2026 | -93.1% | +26.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EJH and EME good diversifiers for each other?
Yes. With a correlation of -0.19, EJH and EME have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between EJH and EME?
Using weekly returns as of 2026-08-27: -0.19 over 3 years, with -0.18 over the last year and -0.14 over 5 years.
Is EME a good diversifier for EJH?
Yes. With a correlation of -0.19, EJH and EME have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.19 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/ejh-vs-eme.json
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Related comparisons
Hubs: EJH correlations · EME correlations
