EOLS vs RGC: Correlation
Evolus, Inc. (EOLS) and Regencell Bioscience Holdings Limited (RGC) 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 EOLS and RGC?
Across a 3-year window, the weekly returns of EOLS and RGC correlate at -0.19, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.28 lands near the 3-year figure. Stretching to 5 years gives -0.14, with an annualized covariance of -5336.1 %².
RGC is close to the least connected end of EOLS's tracked universe, ranking #8 of 10. The last year tells two different stories: EOLS led by 78.4 percentage points, +17.2% for EOLS against -61.2% for RGC. Note the risk asymmetry: RGC runs 6.9 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.
EOLS vs RGC: side by side
| EOLS (Evolus, Inc.) | RGC (Regencell Bioscience Holdings Limited) | |
|---|---|---|
| 1-year return | +17.2% | -61.2% |
| 5-year return | -16.1% | +626.3% |
| Volatility (ann.) | 63.5% | 441.0% |
| Beta vs S&P 500 | 1.06 | -2.00 |
| Max drawdown (3Y) | -77.5% | -93.9% |
| Market cap | $0.6B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EOLS | RGC |
|---|---|---|
| 2022 | +15.4% | -12.4% |
| 2023 | +40.2% | -62.4% |
| 2024 | +4.8% | -53.0% |
| 2025 | -39.8% | +16053.8% |
| 2026 | +33.5% | -73.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EOLS and RGC 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 EOLS and RGC?
As of 2026-08-27, the correlation of weekly returns between EOLS and RGC is -0.19 over 3 years, -0.28 over 1 year and -0.14 over 5 years.
Is RGC a good diversifier for EOLS?
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?
A reading of -0.19 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/eols-vs-rgc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/eols-vs-rgc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EOLS correlations · RGC correlations
