EJH vs GNLN: Correlation
E-Home Household Service Holdings Limited (EJH) and Greenlane Holdings, Inc. (GNLN) show a negative relationship: their 3-year correlation of weekly returns is -0.27.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EJH and GNLN?
Over the past 3 years, EJH and GNLN moved with a correlation of -0.27, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.05) runs above the 3-year figure (-0.27). Over 5 years the correlation is -0.21, and the annualized covariance of weekly returns is -10606.5 %².
Among the 38 assets we track against EJH, GNLN ranks #30 by 3-year correlation. On 12-month performance GNLN holds a 6.8-point edge, -96.0% against -89.2%.
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 GNLN: side by side
| EJH (E-Home Household Service Holdings Limited) | GNLN (Greenlane Holdings, Inc.) | |
|---|---|---|
| 1-year return | -96.0% | -89.2% |
| 5-year return | -100.0% | -100.0% |
| Volatility (ann.) | 167.4% | 231.5% |
| Beta vs S&P 500 | -1.07 | 2.48 |
| Max drawdown (3Y) | -100.0% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | 0.0 | 0.3 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EJH | GNLN |
|---|---|---|
| 2022 | -98.5% | -98.5% |
| 2023 | -90.7% | -82.0% |
| 2024 | -99.7% | -71.0% |
| 2025 | -97.6% | -99.9% |
| 2026 | -93.1% | -77.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EJH and GNLN good diversifiers for each other?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
FAQ
What is the correlation between EJH and GNLN?
The EJH/GNLN correlation stands at -0.27 on a 3-year window (1 year: -0.05, 5 years: -0.21), computed from weekly returns as of 2026-08-27.
Is GNLN a good diversifier for EJH?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
What does a correlation of -0.27 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-gnln.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ejh-vs-gnln/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EJH correlations · GNLN correlations
