EXPE vs HOLO: Correlation
Expedia Group (EXPE) and MicroCloud Hologram Inc. (HOLO) show a negative relationship: their 3-year correlation of weekly returns is -0.14.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EXPE and HOLO?
Over the past 3 years, EXPE and HOLO moved with a correlation of -0.14, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.07) runs above the 3-year figure (-0.14). Over 5 years the correlation is -0.08, and the annualized covariance of weekly returns is -3950.0 %².
By 3-year correlation, HOLO places #24 of the 33 assets tracked against EXPE. The last year tells two different stories: EXPE led by 111.1 percentage points, +51.5% for EXPE against -59.6% for HOLO. Note the risk asymmetry: HOLO runs 15.2 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.
EXPE vs HOLO: side by side
| EXPE (Expedia Group) | HOLO (MicroCloud Hologram Inc.) | |
|---|---|---|
| 1-year return | +51.5% | -59.6% |
| 5-year return | +123.9% | -100.0% |
| Volatility (ann.) | 42.7% | 648.5% |
| Beta vs S&P 500 | 1.33 | 3.02 |
| Max drawdown (3Y) | -37.4% | -100.0% |
| Market cap | $38.3B | – |
| P/E (trailing) | 21.0 | – |
| Dividend yield | 0.53% | 0.00% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | EXPE | HOLO |
|---|---|---|
| 2022 | -51.5% | -77.2% |
| 2023 | +73.3% | -84.4% |
| 2024 | +22.8% | -93.1% |
| 2025 | +53.3% | -98.7% |
| 2026 | +13.1% | -28.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EXPE and HOLO good diversifiers for each other?
Yes: at -0.14, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between EXPE and HOLO?
The EXPE/HOLO correlation stands at -0.14 on a 3-year window (1 year: 0.07, 5 years: -0.08), computed from weekly returns as of 2026-08-27.
Is HOLO a good diversifier for EXPE?
Yes: at -0.14, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.14 mean?
On the −1 to +1 scale, -0.14 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/expe-vs-holo.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/expe-vs-holo/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EXPE correlations · HOLO correlations
