ATLC vs GTIM: Correlation
How closely do Atlanticus Holdings Corporation (ATLC) and Good Times Restaurants Inc. (GTIM) trade together? Their weekly returns over three years give a correlation of 0.37, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ATLC and GTIM?
On 3 years of weekly data the ATLC/GTIM correlation comes out at 0.37, moderate. Little has changed lately, as the 1-year reading of 0.33 lands near the 3-year figure. The 5-year figure is 0.29, and annualized covariance runs at 758.8 %².
Among the 13 assets we track against ATLC, GTIM sits near the bottom by co-movement, at rank #10. Their recent paths diverged sharply: over the last 12 months ATLC outperformed by 52.7 percentage points (+40.4% for ATLC against -12.3% for GTIM).
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.
ATLC vs GTIM: side by side
| ATLC (Atlanticus Holdings Corporation) | GTIM (Good Times Restaurants Inc.) | |
|---|---|---|
| 1-year return | +40.4% | -12.3% |
| 5-year return | +58.2% | -71.4% |
| Volatility (ann.) | 49.7% | 41.7% |
| Beta vs S&P 500 | 1.55 | 0.69 |
| Max drawdown (3Y) | -39.5% | -65.3% |
| Market cap | $1.4B | – |
| P/E (trailing) | 12.1 | 7.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ATLC | GTIM |
|---|---|---|
| 2022 | -63.3% | -48.4% |
| 2023 | +47.6% | +13.4% |
| 2024 | +44.2% | +2.0% |
| 2025 | +20.0% | -53.3% |
| 2026 | +39.0% | +24.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ATLC and GTIM good diversifiers for each other?
Reasonably. At 0.37, ATLC and GTIM keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ATLC and GTIM?
Using weekly returns as of 2026-08-27: 0.37 over 3 years, with 0.33 over the last year and 0.29 over 5 years.
Is GTIM a good diversifier for ATLC?
Reasonably. At 0.37, ATLC and GTIM keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.37 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/atlc-vs-gtim.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/atlc-vs-gtim/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ATLC correlations · GTIM correlations
