EZGO vs FSEA: Correlation
Measured on weekly returns over the past three years, EZGO Technologies Ltd. (EZGO) and First Seacoast Bancorp, Inc. (FSEA) carry a correlation of -0.37, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EZGO and FSEA?
Across a 3-year window, the weekly returns of EZGO and FSEA correlate at -0.37, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.65) runs below the 3-year figure (-0.37). Stretching to 5 years gives -0.32, with an annualized covariance of -1458.3 %².
Among the 12 assets we track against EZGO, FSEA sits near the bottom by co-movement, at rank #12. The last year tells two different stories: FSEA led by 148.8 percentage points, -99.9% for EZGO against +48.9% for FSEA. One caveat on sizing: EZGO is 3.6 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
EZGO vs FSEA: side by side
| EZGO (EZGO Technologies Ltd.) | FSEA (First Seacoast Bancorp, Inc.) | |
|---|---|---|
| 1-year return | -99.9% | +48.9% |
| 5-year return | -100.0% | +44.2% |
| Volatility (ann.) | 118.7% | 33.2% |
| Beta vs S&P 500 | 1.16 | 0.19 |
| Max drawdown (3Y) | -100.0% | -21.5% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EZGO | FSEA |
|---|---|---|
| 2022 | -55.2% | -10.5% |
| 2023 | -82.8% | -32.7% |
| 2024 | -82.2% | +30.6% |
| 2025 | -90.3% | +31.5% |
| 2026 | -99.7% | +29.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EZGO and FSEA good diversifiers for each other?
Yes. With a correlation of -0.37, EZGO and FSEA have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between EZGO and FSEA?
Using weekly returns as of 2026-08-27: -0.37 over 3 years, with -0.65 over the last year and -0.32 over 5 years.
Is FSEA a good diversifier for EZGO?
Yes. With a correlation of -0.37, EZGO and FSEA have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.37 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ezgo-vs-fsea.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ezgo-vs-fsea/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: EZGO correlations · FSEA correlations
