SEGG vs SJ: Correlation
Sports Entertainment Gaming Global Corporation (SEGG) and Scienjoy Holding Corporation - Class A (SJ) show a weak relationship: their 3-year correlation of weekly returns is 0.27.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SEGG and SJ?
On 3 years of weekly data the SEGG/SJ correlation comes out at 0.27, weak. Little has changed lately, as the 1-year reading of 0.32 lands near the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at 9018.0 %².
By 3-year correlation, SJ places #9 of the 29 assets tracked against SEGG. Their recent paths diverged sharply: over the last 12 months SJ outperformed by 91.2 percentage points (-56.8% for SEGG against +34.4% for SJ). Risk is not evenly split, since SEGG carries 4.5 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.
SEGG vs SJ: side by side
| SEGG (Sports Entertainment Gaming Global Corporation) | SJ (Scienjoy Holding Corporation - Class A) | |
|---|---|---|
| 1-year return | -56.8% | +34.4% |
| 5-year return | n/a | -79.3% |
| Volatility (ann.) | 389.2% | 85.6% |
| Beta vs S&P 500 | 0.24 | -0.26 |
| Max drawdown (3Y) | -98.9% | -87.8% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SEGG | SJ |
|---|---|---|
| 2022 | – | -65.3% |
| 2023 | – | +76.6% |
| 2024 | -82.1% | -70.1% |
| 2025 | -84.9% | -33.2% |
| 2026 | +274.0% | +41.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SEGG and SJ good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.27 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between SEGG and SJ?
The SEGG/SJ correlation stands at 0.27 on a 3-year window (1 year: 0.32, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is SJ a good diversifier for SEGG?
Yes, to a useful degree: a correlation of 0.27 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.27 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
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Related comparisons
Hubs: SEGG correlations · SJ correlations
