EJH vs SEDG: Correlation
Measured on weekly returns over the past three years, E-Home Household Service Holdings Limited (EJH) and SolarEdge Technologies, Inc. (SEDG) carry a correlation of -0.21, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EJH and SEDG?
Across a 3-year window, the weekly returns of EJH and SEDG correlate at -0.21, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.11 lands near the 3-year figure. Stretching to 5 years gives -0.14, with an annualized covariance of -3419.3 %².
Among the 38 assets we track against EJH, SEDG ranks #22 by 3-year correlation. The last year tells two different stories: SEDG led by 97.3 percentage points, -96.0% for EJH against +1.3% for SEDG. One caveat on sizing: EJH is 1.7 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 SEDG: side by side
| EJH (E-Home Household Service Holdings Limited) | SEDG (SolarEdge Technologies, Inc.) | |
|---|---|---|
| 1-year return | -96.0% | +1.3% |
| 5-year return | -100.0% | -88.7% |
| Volatility (ann.) | 167.4% | 99.4% |
| Beta vs S&P 500 | -1.07 | 0.93 |
| Max drawdown (3Y) | -100.0% | -93.7% |
| Market cap | – | $2.1B |
| P/E (trailing) | 0.0 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EJH | SEDG |
|---|---|---|
| 2022 | -98.5% | +1.0% |
| 2023 | -90.7% | -67.0% |
| 2024 | -99.7% | -85.5% |
| 2025 | -97.6% | +112.1% |
| 2026 | -93.1% | +16.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EJH and SEDG good diversifiers for each other?
Yes. With a correlation of -0.21, EJH and SEDG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between EJH and SEDG?
Using weekly returns as of 2026-08-27: -0.21 over 3 years, with -0.11 over the last year and -0.14 over 5 years.
Is SEDG a good diversifier for EJH?
Yes. With a correlation of -0.21, EJH and SEDG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.21 mean?
On the −1 to +1 scale, -0.21 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-sedg.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ejh-vs-sedg/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EJH correlations · SEDG correlations
