FLZH vs GEN: Correlation
Flash Sports & Media Holdings, Inc. (FLZH) and Gen Digital (GEN) show a negative relationship: their 3-year correlation of weekly returns is -0.24.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FLZH and GEN?
Over the past 3 years, FLZH and GEN moved with a correlation of -0.24, which is negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.36) than the 3-year average (-0.24). Over 5 years the correlation is -0.18, and the annualized covariance of weekly returns is -3251.1 %².
Among the 31 assets we track against FLZH, GEN ranks #21 by 3-year correlation. The last year tells two different stories: GEN led by 100.4 percentage points, -99.2% for FLZH against +1.2% for GEN. Note the risk asymmetry: FLZH runs 13.4 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.
FLZH vs GEN: side by side
| FLZH (Flash Sports & Media Holdings, Inc.) | GEN (Gen Digital) | |
|---|---|---|
| 1-year return | -99.2% | +1.2% |
| 5-year return | -100.0% | +26.3% |
| Volatility (ann.) | 424.7% | 31.7% |
| Beta vs S&P 500 | -2.13 | 1.02 |
| Max drawdown (3Y) | -99.9% | -43.6% |
| Market cap | – | $18.3B |
| P/E (trailing) | – | 17.3 |
| Dividend yield | 0.00% | 1.69% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | FLZH | GEN |
|---|---|---|
| 2022 | -74.0% | -15.8% |
| 2023 | -48.5% | +9.3% |
| 2024 | -32.5% | +22.4% |
| 2025 | -70.4% | +1.1% |
| 2026 | -98.9% | +13.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FLZH and GEN good diversifiers for each other?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between FLZH and GEN?
As of 2026-08-27, the correlation of weekly returns between FLZH and GEN is -0.24 over 3 years, -0.36 over 1 year and -0.18 over 5 years.
Is GEN a good diversifier for FLZH?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.24 mean?
A reading of -0.24 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/flzh-vs-gen.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/flzh-vs-gen/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FLZH correlations · GEN correlations
