CMCSA vs GITS: Correlation
Measured on weekly returns over the past three years, Comcast (CMCSA) and Global Interactive Technologies, Inc. (GITS) carry a correlation of -0.22, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CMCSA and GITS?
Across a 3-year window, the weekly returns of CMCSA and GITS correlate at -0.22, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.19) than the 3-year average (-0.22). Stretching to 5 years gives n/a, with an annualized covariance of -6974.3 %².
Among the 39 assets we track against CMCSA, GITS sits near the bottom by co-movement, at rank #37. The trailing year gives CMCSA the advantage: -12.6% versus -22.1%, a 9.5-point spread. One caveat on sizing: GITS is 56.8 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
CMCSA vs GITS: side by side
| CMCSA (Comcast) | GITS (Global Interactive Technologies, Inc.) | |
|---|---|---|
| 1-year return | -12.6% | -22.1% |
| 5-year return | -44.5% | n/a |
| Volatility (ann.) | 23.8% | 1352.0% |
| Beta vs S&P 500 | 0.48 | -3.91 |
| Max drawdown (3Y) | -44.9% | -98.4% |
| Market cap | $93.7B | – |
| P/E (trailing) | 8.7 | – |
| Dividend yield | 4.85% | 0.00% |
| Sector / category | Communication Services | US Listed |
Year-by-year returns
| Year | CMCSA | GITS |
|---|---|---|
| 2022 | -28.7% | – |
| 2023 | +29.1% | – |
| 2024 | -11.8% | -69.5% |
| 2025 | -17.3% | +186.6% |
| 2026 | -2.2% | +154.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CMCSA and GITS good diversifiers for each other?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CMCSA and GITS?
Using weekly returns as of 2026-08-27: -0.22 over 3 years, with 0.19 over the last year and n/a over 5 years.
Is GITS a good diversifier for CMCSA?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.22 mean?
On the −1 to +1 scale, -0.22 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/cmcsa-vs-gits.json
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[](https://www.pairbook.io/pair/cmcsa-vs-gits/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CMCSA correlations · GITS correlations
