ELPW vs MYSZ: Correlation
How closely do Elong Power Holding Limited - Class A (ELPW) and My Size, Inc. (MYSZ) trade together? Their weekly returns over three years give a correlation of 0.91, which is very strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ELPW and MYSZ?
Across a 3-year window, the weekly returns of ELPW and MYSZ correlate at 0.91, very strong, meaning they move nearly in lockstep. Little has changed lately, as the 1-year reading of 0.95 lands near the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of 1745988.7 %².
Within ELPW's tracked universe of 30 assets, MYSZ comes in at #12 by 3-year correlation. Correlation aside, the last 12 months split them widely, with MYSZ ahead by 213.9 points (-99.0% versus +114.9%). Risk is not evenly split, since ELPW carries 5.8 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.
ELPW vs MYSZ: side by side
| ELPW (Elong Power Holding Limited - Class A) | MYSZ (My Size, Inc.) | |
|---|---|---|
| 1-year return | -99.0% | +114.9% |
| 5-year return | n/a | -98.8% |
| Volatility (ann.) | 3332.8% | 577.7% |
| Beta vs S&P 500 | 3.98 | 1.49 |
| Max drawdown (3Y) | -100.0% | -97.7% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ELPW | MYSZ |
|---|---|---|
| 2022 | – | -78.5% |
| 2023 | – | -75.2% |
| 2024 | -87.5% | -20.9% |
| 2025 | -91.4% | -82.2% |
| 2026 | -97.4% | +243.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ELPW and MYSZ good diversifiers for each other?
Not really. At 0.91, the two trade almost as one position, and owning both buys little extra protection.
FAQ
What is the correlation between ELPW and MYSZ?
The ELPW/MYSZ correlation stands at 0.91 on a 3-year window (1 year: 0.95, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is MYSZ a good diversifier for ELPW?
Not really. At 0.91, the two trade almost as one position, and owning both buys little extra protection.
What does a correlation of 0.91 mean?
A reading of 0.91 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/elpw-vs-mysz.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/elpw-vs-mysz/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ELPW correlations · MYSZ correlations
