EJH vs HAS: Correlation
E-Home Household Service Holdings Limited (EJH) and Hasbro (HAS) show a negative relationship: their 3-year correlation of weekly returns is -0.15.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EJH and HAS?
On 3 years of weekly data the EJH/HAS correlation comes out at -0.15, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.06) sits close to the 3-year figure. The 5-year figure is -0.07, and annualized covariance runs at -769.1 %².
By 3-year correlation, HAS places #9 of the 38 assets tracked against EJH. Their recent paths diverged sharply: over the last 12 months HAS outperformed by 115.2 percentage points (-96.0% for EJH against +19.2% for HAS). One caveat on sizing: EJH is 5.3 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.
EJH vs HAS: side by side
| EJH (E-Home Household Service Holdings Limited) | HAS (Hasbro) | |
|---|---|---|
| 1-year return | -96.0% | +19.2% |
| 5-year return | -100.0% | +17.1% |
| Volatility (ann.) | 167.4% | 31.7% |
| Beta vs S&P 500 | -1.07 | 0.86 |
| Max drawdown (3Y) | -100.0% | -40.3% |
| Market cap | – | $13.3B |
| P/E (trailing) | 0.0 | 17.1 |
| Dividend yield | 0.00% | 2.91% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | EJH | HAS |
|---|---|---|
| 2022 | -98.5% | -37.9% |
| 2023 | -90.7% | -11.9% |
| 2024 | -99.7% | +14.8% |
| 2025 | -97.6% | +52.5% |
| 2026 | -93.1% | +17.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EJH and HAS good diversifiers for each other?
Yes: at -0.15, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between EJH and HAS?
Using weekly returns as of 2026-08-27: -0.15 over 3 years, with -0.06 over the last year and -0.07 over 5 years.
Is HAS a good diversifier for EJH?
Yes: at -0.15, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.15 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-has.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ejh-vs-has/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EJH correlations · HAS correlations
