EJH vs VIVO: Correlation
Measured on weekly returns over the past three years, E-Home Household Service Holdings Limited (EJH) and VivoPower PLC - Class A (VIVO) carry a correlation of 0.22, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EJH and VIVO?
Across a 3-year window, the weekly returns of EJH and VIVO correlate at 0.22, weak. Recent behaviour matches the longer record: 0.13 over 1 year against 0.22 over 3. Stretching to 5 years gives 0.23, with an annualized covariance of 9634.8 %².
VIVO is one of the assets that tracks EJH most closely: it ranks #3 out of the 38 assets we track against EJH. Correlation aside, the last 12 months split them widely, with VIVO ahead by 72.2 points (-96.0% versus -23.8%). Note the risk asymmetry: VIVO runs 1.5 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 VIVO: side by side
| EJH (E-Home Household Service Holdings Limited) | VIVO (VivoPower PLC - Class A) | |
|---|---|---|
| 1-year return | -96.0% | -23.8% |
| 5-year return | -100.0% | -92.6% |
| Volatility (ann.) | 167.4% | 256.4% |
| Beta vs S&P 500 | -1.07 | 0.31 |
| Max drawdown (3Y) | -100.0% | -89.9% |
| Market cap | – | $0.1B |
| P/E (trailing) | 0.0 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EJH | VIVO |
|---|---|---|
| 2022 | -98.5% | -91.9% |
| 2023 | -90.7% | -21.5% |
| 2024 | -99.7% | -31.1% |
| 2025 | -97.6% | +70.3% |
| 2026 | -93.1% | +89.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EJH and VIVO good diversifiers for each other?
Reasonably. At 0.22, EJH and VIVO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between EJH and VIVO?
Using weekly returns as of 2026-08-27: 0.22 over 3 years, with 0.13 over the last year and 0.23 over 5 years.
Is VIVO a good diversifier for EJH?
Reasonably. At 0.22, EJH and VIVO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.22 mean?
A reading of 0.22 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-vivo.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ejh-vs-vivo/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: EJH correlations · VIVO correlations
