HAIN vs WBUY: Correlation
The Hain Celestial Group, Inc. (HAIN) and WEBUY GLOBAL LTD. - Class A (WBUY) show a negative relationship: their 3-year correlation of weekly returns is -0.25.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HAIN and WBUY?
Over the past 3 years, HAIN and WBUY moved with a correlation of -0.25, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.04 versus -0.25 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -3949.6 %².
WBUY is close to the least connected end of HAIN's tracked universe, ranking #9 of 10. Over the last 12 months HAIN came out ahead by 11.8 percentage points (-60.8% against -72.6%). One caveat on sizing: WBUY is 2.5 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.
HAIN vs WBUY: side by side
| HAIN (The Hain Celestial Group, Inc.) | WBUY (WEBUY GLOBAL LTD. - Class A) | |
|---|---|---|
| 1-year return | -60.8% | -72.6% |
| 5-year return | -98.1% | n/a |
| Volatility (ann.) | 78.5% | 193.8% |
| Beta vs S&P 500 | 0.87 | 1.81 |
| Max drawdown (3Y) | -95.9% | -99.9% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HAIN | WBUY |
|---|---|---|
| 2022 | -62.0% | – |
| 2023 | -32.3% | – |
| 2024 | -43.8% | -66.1% |
| 2025 | -82.6% | -93.7% |
| 2026 | -33.6% | -33.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HAIN and WBUY good diversifiers for each other?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
FAQ
What is the correlation between HAIN and WBUY?
As of 2026-08-27, the correlation of weekly returns between HAIN and WBUY is -0.25 over 3 years, 0.04 over 1 year and n/a over 5 years.
Is WBUY a good diversifier for HAIN?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
What does a correlation of -0.25 mean?
A reading of -0.25 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/hain-vs-wbuy/)
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Related comparisons
Hubs: HAIN correlations · WBUY correlations
