FEED vs FLZH: Correlation
ENvue Medical, Inc. (FEED) 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 FEED and FLZH?
On 3 years of weekly data the FEED/FLZH correlation comes out at 0.30, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.42 versus 0.30 over 3 years. The 5-year figure is 0.29, and annualized covariance runs at 26801.0 %².
Among the 17 assets we track against FEED, FLZH ranks #5 by 3-year correlation. On 12-month performance FEED holds a 5.5-point edge, -93.7% against -99.2%. Risk is not evenly split, since FLZH carries 2.0 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.
FEED vs FLZH: side by side
| FEED (ENvue Medical, Inc.) | FLZH (Flash Sports & Media Holdings, Inc.) | |
|---|---|---|
| 1-year return | -93.7% | -99.2% |
| 5-year return | -100.0% | -100.0% |
| Volatility (ann.) | 207.5% | 424.7% |
| Beta vs S&P 500 | 2.43 | -2.13 |
| Max drawdown (3Y) | -99.9% | -99.9% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FEED | FLZH |
|---|---|---|
| 2022 | -75.8% | -74.0% |
| 2023 | -77.2% | -48.5% |
| 2024 | -48.7% | -32.5% |
| 2025 | -96.4% | -70.4% |
| 2026 | -84.1% | -98.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FEED and FLZH good diversifiers for each other?
A fair diversifier. At 0.30, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between FEED and FLZH?
As of 2026-08-27, the correlation of weekly returns between FEED and FLZH is 0.30 over 3 years, 0.42 over 1 year and 0.29 over 5 years.
Is FLZH a good diversifier for FEED?
A fair diversifier. At 0.30, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.30 mean?
A reading of 0.30 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/feed-vs-flzh.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/feed-vs-flzh/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FEED correlations · FLZH correlations
