COO vs GMHS: Correlation
Measured on weekly returns over the past three years, Cooper Companies (The) (COO) and Gamehaus Holdings Inc. - Class A (GMHS) carry a correlation of -0.24, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are COO and GMHS?
On 3 years of weekly data the COO/GMHS correlation comes out at -0.24, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.12 versus -0.24 over 3 years. The 5-year figure is n/a, and annualized covariance runs at -584.9 %².
GMHS is close to the least connected end of COO's tracked universe, ranking #34 of 38. Their recent paths diverged sharply: over the last 12 months COO outperformed by 30.8 percentage points (-4.3% for COO against -35.1% for GMHS). Note the risk asymmetry: GMHS runs 3.1 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
COO vs GMHS: side by side
| COO (Cooper Companies (The)) | GMHS (Gamehaus Holdings Inc. - Class A) | |
|---|---|---|
| 1-year return | -4.3% | -35.1% |
| 5-year return | -36.8% | n/a |
| Volatility (ann.) | 27.7% | 86.7% |
| Beta vs S&P 500 | 0.69 | -0.16 |
| Max drawdown (3Y) | -47.0% | -95.8% |
| Market cap | – | – |
| P/E (trailing) | 61.7 | 8.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Health Care | US Listed |
Year-by-year returns
| Year | COO | GMHS |
|---|---|---|
| 2022 | -21.1% | – |
| 2023 | +14.5% | – |
| 2024 | -2.8% | +8.1% |
| 2025 | -10.8% | -91.6% |
| 2026 | -13.4% | -23.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are COO and GMHS good diversifiers for each other?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between COO and GMHS?
Using weekly returns as of 2026-08-27: -0.24 over 3 years, with -0.12 over the last year and n/a over 5 years.
Is GMHS a good diversifier for COO?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.24 mean?
A reading of -0.24 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/coo-vs-gmhs.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/coo-vs-gmhs/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: COO correlations · GMHS correlations
