EPOW vs FLZH: Correlation
E-Power Inc. - Class A (EPOW) and Flash Sports & Media Holdings, Inc. (FLZH) show a moderate relationship: their 3-year correlation of weekly returns is 0.30.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EPOW and FLZH?
On 3 years of weekly data the EPOW/FLZH correlation comes out at 0.30, moderate. The link has tightened recently: the 1-year correlation (0.43) runs above the 3-year figure (0.30). The 5-year figure is 0.24, and annualized covariance runs at 9628.7 %².
By 3-year correlation, FLZH places #4 of the 10 assets tracked against EPOW. Their recent paths diverged sharply: over the last 12 months EPOW outperformed by 49.3 percentage points (-49.9% for EPOW against -99.2% for FLZH). Note the risk asymmetry: FLZH runs 5.7 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.
EPOW vs FLZH: side by side
| EPOW (E-Power Inc. - Class A) | FLZH (Flash Sports & Media Holdings, Inc.) | |
|---|---|---|
| 1-year return | -49.9% | -99.2% |
| 5-year return | -81.9% | -100.0% |
| Volatility (ann.) | 75.1% | 424.7% |
| Beta vs S&P 500 | 0.06 | -2.13 |
| Max drawdown (3Y) | -80.3% | -99.9% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EPOW | FLZH |
|---|---|---|
| 2022 | +135.3% | -74.0% |
| 2023 | -60.4% | -48.5% |
| 2024 | -20.0% | -32.5% |
| 2025 | +13.4% | -70.4% |
| 2026 | -54.3% | -98.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EPOW and FLZH good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.30 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between EPOW and FLZH?
Using weekly returns as of 2026-08-27: 0.30 over 3 years, with 0.43 over the last year and 0.24 over 5 years.
Is FLZH a good diversifier for EPOW?
Yes, to a useful degree: a correlation of 0.30 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.30 mean?
On the −1 to +1 scale, 0.30 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/epow-vs-flzh.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/epow-vs-flzh/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: EPOW correlations · FLZH correlations
