ANET vs GITS: Correlation
Arista Networks (ANET) and Global Interactive Technologies, Inc. (GITS) show a negative relationship: their 3-year correlation of weekly returns is -0.14.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ANET and GITS?
On 3 years of weekly data the ANET/GITS correlation comes out at -0.14, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.08) runs above the 3-year figure (-0.14). The 5-year figure is n/a, and annualized covariance runs at -9521.1 %².
By 3-year correlation, GITS places #27 of the 35 assets tracked against ANET. The last year tells two different stories: ANET led by 73.0 percentage points, +50.9% for ANET against -22.1% for GITS. Risk is not evenly split, since GITS carries 27.4 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.
ANET vs GITS: side by side
| ANET (Arista Networks) | GITS (Global Interactive Technologies, Inc.) | |
|---|---|---|
| 1-year return | +50.9% | -22.1% |
| 5-year return | +764.7% | n/a |
| Volatility (ann.) | 49.3% | 1352.0% |
| Beta vs S&P 500 | 2.20 | -3.91 |
| Max drawdown (3Y) | -50.4% | -98.4% |
| Market cap | $253.6B | – |
| P/E (trailing) | 64.0 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | ANET | GITS |
|---|---|---|
| 2022 | -15.6% | – |
| 2023 | +94.1% | – |
| 2024 | +87.7% | -69.5% |
| 2025 | +18.5% | +186.6% |
| 2026 | +53.5% | +154.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ANET and GITS good diversifiers for each other?
By historical standards, yes. A correlation of -0.14 means the two rarely move for the same reasons.
FAQ
What is the correlation between ANET and GITS?
Using weekly returns as of 2026-08-27: -0.14 over 3 years, with 0.08 over the last year and n/a over 5 years.
Is GITS a good diversifier for ANET?
By historical standards, yes. A correlation of -0.14 means the two rarely move for the same reasons.
What does a correlation of -0.14 mean?
On the −1 to +1 scale, -0.14 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
$ curl https://www.pairbook.io/api/v1/pairs/anet-vs-gits.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/anet-vs-gits/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ANET correlations · GITS correlations
