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HAS vs YHGJ: Correlation

Measured on weekly returns over the past three years, Hasbro (HAS) and Yunhong Green CTI Ltd. (YHGJ) carry a correlation of -0.19, a negative link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.19
negative
Correlation (1Y)
-0.27
last 12 months
Correlation (5Y)
-0.14
long-run
Ann. covariance
-541.5
%² · weekly, annualized

How correlated are HAS and YHGJ?

On 3 years of weekly data the HAS/YHGJ correlation comes out at -0.19, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.27 over 1 year against -0.19 over 3. The 5-year figure is -0.14, and annualized covariance runs at -541.5 %².

Among the 36 assets we track against HAS, YHGJ sits near the bottom by co-movement, at rank #32. Their recent paths diverged sharply: over the last 12 months HAS outperformed by 64.1 percentage points (+19.2% for HAS against -44.9% for YHGJ). Risk is not evenly split, since YHGJ carries 2.9 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.

HAS vs YHGJ: side by side

HAS (Hasbro)YHGJ (Yunhong Green CTI Ltd.)
1-year return+19.2%-44.9%
5-year return+17.1%-85.6%
Volatility (ann.)31.7%90.5%
Beta vs S&P 5000.86-0.69
Max drawdown (3Y)-40.3%-91.7%
Market cap$13.3B
P/E (trailing)17.1
Dividend yield2.91%0.00%
Sector / categoryConsumer DiscretionaryUS Listed
Higher yield: HAS 2.91% vs 0.00%Smaller drawdown: HAS -40.3% vs -91.7%Higher 5y return: HAS +17.1% vs -85.6%
-56%0%+64%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. HAS · YHGJ

Year-by-year returns

YearHASYHGJ
2022-37.9%-12.6%
2023-11.9%+105.8%
2024+14.8%-74.3%
2025+52.5%-34.0%
2026+17.5%-19.6%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are HAS and YHGJ good diversifiers for each other?

Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.

FAQ

What is the correlation between HAS and YHGJ?

As of 2026-08-27, the correlation of weekly returns between HAS and YHGJ is -0.19 over 3 years, -0.27 over 1 year and -0.14 over 5 years.

Is YHGJ a good diversifier for HAS?

Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.

What does a correlation of -0.19 mean?

On the −1 to +1 scale, -0.19 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

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$ curl https://www.pairbook.io/api/v1/pairs/has-vs-yhgj.json

HAS vs YHGJ: 3-year weekly correlation -0.19HAS vs YHGJ-0.19

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Related comparisons

Hubs: HAS correlations · YHGJ correlations