ANIX vs GIII: Correlation
Anixa Biosciences, Inc. (ANIX) and G-III Apparel Group, LTD. (GIII) show a negative relationship: their 3-year correlation of weekly returns is -0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ANIX and GIII?
On 3 years of weekly data the ANIX/GIII correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.21 over 1 year against -0.22 over 3. The 5-year figure is 0.03, and annualized covariance runs at -500.2 %².
Among the 10 assets we track against ANIX, GIII sits near the bottom by co-movement, at rank #9. Neither side won the trailing year by much: +22.0% against +24.7%.
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.
ANIX vs GIII: side by side
| ANIX (Anixa Biosciences, Inc.) | GIII (G-III Apparel Group, LTD.) | |
|---|---|---|
| 1-year return | +22.0% | +24.7% |
| 5-year return | -34.3% | +8.5% |
| Volatility (ann.) | 57.0% | 39.5% |
| Beta vs S&P 500 | 0.60 | 0.53 |
| Max drawdown (3Y) | -57.6% | -43.1% |
| Market cap | $0.1B | $1.4B |
| P/E (trailing) | – | 11.8 |
| Dividend yield | 0.00% | 0.60% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ANIX | GIII |
|---|---|---|
| 2022 | +43.1% | -50.4% |
| 2023 | -8.7% | +147.8% |
| 2024 | -40.2% | -4.0% |
| 2025 | +34.5% | -10.9% |
| 2026 | +15.4% | +15.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ANIX and GIII good diversifiers for each other?
Yes. With a correlation of -0.22, ANIX and GIII have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ANIX and GIII?
Using weekly returns as of 2026-08-27: -0.22 over 3 years, with -0.21 over the last year and 0.03 over 5 years.
Is GIII a good diversifier for ANIX?
Yes. With a correlation of -0.22, ANIX and GIII have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.22 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
$ curl https://www.pairbook.io/api/v1/pairs/anix-vs-giii.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/anix-vs-giii/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ANIX correlations · GIII correlations
