DWTX vs GMHS: Correlation
How closely do Dogwood Therapeutics, Inc. (DWTX) and Gamehaus Holdings Inc. - Class A (GMHS) trade together? Their weekly returns over three years give a correlation of -0.50, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DWTX and GMHS?
Over the past 3 years, DWTX and GMHS moved with a correlation of -0.50, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.12) runs above the 3-year figure (-0.50). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -13701.4 %².
Out of 18 assets tracked against DWTX, GMHS lands near the bottom at #18. Their recent paths diverged sharply: over the last 12 months GMHS outperformed by 15.0 percentage points (-50.1% for DWTX against -35.1% for GMHS). Note the risk asymmetry: DWTX runs 3.6 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.
DWTX vs GMHS: side by side
| DWTX (Dogwood Therapeutics, Inc.) | GMHS (Gamehaus Holdings Inc. - Class A) | |
|---|---|---|
| 1-year return | -50.1% | -35.1% |
| 5-year return | -98.2% | n/a |
| Volatility (ann.) | 314.7% | 86.7% |
| Beta vs S&P 500 | 2.56 | -0.16 |
| Max drawdown (3Y) | -95.6% | -95.8% |
| Market cap | $0.1B | – |
| P/E (trailing) | 1.2 | 8.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DWTX | GMHS |
|---|---|---|
| 2022 | -95.4% | – |
| 2023 | +143.6% | – |
| 2024 | -82.7% | +8.1% |
| 2025 | +67.1% | -91.6% |
| 2026 | -44.2% | -23.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DWTX and GMHS good diversifiers for each other?
Yes. With a correlation of -0.50, DWTX and GMHS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between DWTX and GMHS?
As of 2026-08-27, the correlation of weekly returns between DWTX and GMHS is -0.50 over 3 years, 0.12 over 1 year and n/a over 5 years.
Is GMHS a good diversifier for DWTX?
Yes. With a correlation of -0.50, DWTX and GMHS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.50 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/dwtx-vs-gmhs.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dwtx-vs-gmhs/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DWTX correlations · GMHS correlations
