EJH vs LITE: Correlation
Measured on weekly returns over the past three years, E-Home Household Service Holdings Limited (EJH) and Lumentum (LITE) carry a correlation of -0.18, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EJH and LITE?
Over the past 3 years, EJH and LITE moved with a correlation of -0.18, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.18 over 1 year against -0.18 over 3. Over 5 years the correlation is -0.09, and the annualized covariance of weekly returns is -1949.0 %².
Among the 38 assets we track against EJH, LITE ranks #14 by 3-year correlation. The last year tells two different stories: LITE led by 755.8 percentage points, -96.0% for EJH against +659.8% for LITE. One caveat on sizing: EJH 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.
EJH vs LITE: side by side
| EJH (E-Home Household Service Holdings Limited) | LITE (Lumentum) | |
|---|---|---|
| 1-year return | -96.0% | +659.8% |
| 5-year return | -100.0% | +998.1% |
| Volatility (ann.) | 167.4% | 65.5% |
| Beta vs S&P 500 | -1.07 | 2.36 |
| Max drawdown (3Y) | -100.0% | -50.6% |
| Market cap | – | $85.8B |
| P/E (trailing) | 0.0 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | EJH | LITE |
|---|---|---|
| 2022 | -98.5% | -50.7% |
| 2023 | -90.7% | +0.5% |
| 2024 | -99.7% | +60.1% |
| 2025 | -97.6% | +339.1% |
| 2026 | -93.1% | +159.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EJH and LITE good diversifiers for each other?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between EJH and LITE?
Using weekly returns as of 2026-08-27: -0.18 over 3 years, with -0.18 over the last year and -0.09 over 5 years.
Is LITE a good diversifier for EJH?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.18 mean?
A reading of -0.18 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ejh-vs-lite.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ejh-vs-lite/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: EJH correlations · LITE correlations
