E-Home Household Service (EJH) Plunges 39.84% in Three Days

E-Home Household Service (EJH) shares plummeted 39.84% over three consecutive days, marking a 47.39% decline in the past three days. The stock price hit its lowest level since May 2025 today, with an intraday decline of 61.75%.

The strategy of buying EJH shares after they reached a recent low and selling them a week later resulted in a significant loss. Over the past five years, the strategy yielded a return of -99.98%, underperforming the benchmark return of 58.96% and delivering an excess return of -158.94%. The strategy's CAGR was -96.78%, indicating substantial depreciation, while the Sharpe ratio was -0.61, reflecting poor risk-adjustled returns. The maximum drawdown was 0.00%, which suggests that the strategy avoided further losses during the backtested period, but this came at the expense of overall returns.

E-Home Household Service has been facing significant challenges recently. The company's stock price has been volatile, with fluctuations between $2.25 and $2.69 on July 21, 2025. This volatility has been attributed to various factors, including market sentiment and internal company issues. The stock saw a 9.52% increase to $2.75 during Tuesday's pre-market session following a previous catastrophic intraday plunge, which involved a 46.53% decline with a 64.27% gap down at the open, erasing $1.17 of value in a single session.

The company's recent performance has raised concerns among investors. The significant decline in stock price has been a cause for worry, as it indicates potential underlying issues within the company. The volatility in the stock price has also made it difficult for investors to predict future performance, leading to uncertainty and hesitation in the market.

Despite the challenges, E-Home Household Service has been working to address the issues and stabilize its stock price. The company has been implementing various strategies to improve its financial performance and regain investor confidence. However, the road to recovery may be long and challenging, as the company continues to face headwinds in the market.