EJH vs RMD: Correlation
E-Home Household Service Holdings Limited (EJH) and ResMed (RMD) show a negative relationship: their 3-year correlation of weekly returns is -0.19.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EJH and RMD?
On 3 years of weekly data the EJH/RMD correlation comes out at -0.19, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.05 versus -0.19 over 3 years. The 5-year figure is -0.07, and annualized covariance runs at -989.4 %².
By 3-year correlation, RMD places #19 of the 38 assets tracked against EJH. The last year tells two different stories: RMD led by 80.5 percentage points, -96.0% for EJH against -15.5% for RMD. One caveat on sizing: EJH is 5.4 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 RMD: side by side
| EJH (E-Home Household Service Holdings Limited) | RMD (ResMed) | |
|---|---|---|
| 1-year return | -96.0% | -15.5% |
| 5-year return | -100.0% | -14.6% |
| Volatility (ann.) | 167.4% | 31.2% |
| Beta vs S&P 500 | -1.07 | 0.79 |
| Max drawdown (3Y) | -100.0% | -37.3% |
| Market cap | – | $34.0B |
| P/E (trailing) | 0.0 | 22.6 |
| Dividend yield | 0.00% | 1.02% |
| Sector / category | US Listed | Health Care |
Year-by-year returns
| Year | EJH | RMD |
|---|---|---|
| 2022 | -98.5% | -19.5% |
| 2023 | -90.7% | -16.5% |
| 2024 | -99.7% | +34.2% |
| 2025 | -97.6% | +6.3% |
| 2026 | -93.1% | -1.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EJH and RMD good diversifiers for each other?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
FAQ
What is the correlation between EJH and RMD?
As of 2026-08-27, the correlation of weekly returns between EJH and RMD is -0.19 over 3 years, 0.05 over 1 year and -0.07 over 5 years.
Is RMD a good diversifier for EJH?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
What does a correlation of -0.19 mean?
On the −1 to +1 scale, -0.19 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/ejh-vs-rmd.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ejh-vs-rmd/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: EJH correlations · RMD correlations
