EJH vs SYNX: Correlation
Measured on weekly returns over the past three years, E-Home Household Service Holdings Limited (EJH) and Silynxcom Ltd. (SYNX) carry a correlation of 0.21, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EJH and SYNX?
Across a 3-year window, the weekly returns of EJH and SYNX correlate at 0.21, weak. The past 12 months show a tighter link (0.48) than the 3-year average (0.21). Stretching to 5 years gives n/a, with an annualized covariance of 3170.4 %².
Within EJH's tracked universe of 38 assets, SYNX comes in at #4 by 3-year correlation. Correlation aside, the last 12 months split them widely, with SYNX ahead by 57.0 points (-96.0% versus -39.0%). Risk is not evenly split, since EJH carries 1.8 times the volatility of the other side.
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 SYNX: side by side
| EJH (E-Home Household Service Holdings Limited) | SYNX (Silynxcom Ltd.) | |
|---|---|---|
| 1-year return | -96.0% | -39.0% |
| 5-year return | -100.0% | n/a |
| Volatility (ann.) | 167.4% | 91.1% |
| Beta vs S&P 500 | -1.07 | 1.24 |
| Max drawdown (3Y) | -100.0% | -84.7% |
| Market cap | – | – |
| P/E (trailing) | 0.0 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EJH | SYNX |
|---|---|---|
| 2022 | -98.5% | – |
| 2023 | -90.7% | – |
| 2024 | -99.7% | – |
| 2025 | -97.6% | -70.4% |
| 2026 | -93.1% | -5.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EJH and SYNX good diversifiers for each other?
A fair diversifier. At 0.21, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between EJH and SYNX?
The EJH/SYNX correlation stands at 0.21 on a 3-year window (1 year: 0.48, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is SYNX a good diversifier for EJH?
A fair diversifier. At 0.21, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.21 mean?
A reading of 0.21 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: EJH correlations · SYNX correlations
