FIS vs GMHS: Correlation
Fidelity National Information Services (FIS) and Gamehaus Holdings Inc. - Class A (GMHS) show a negative relationship: their 3-year correlation of weekly returns is -0.21.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FIS and GMHS?
On 3 years of weekly data the FIS/GMHS correlation comes out at -0.21, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.09) runs above the 3-year figure (-0.21). The 5-year figure is n/a, and annualized covariance runs at -484.6 %².
Among the 33 assets we track against FIS, GMHS ranks #25 by 3-year correlation. Their 12-month results are close: -40.0% for FIS against -35.1% for GMHS. Risk is not evenly split, since GMHS carries 3.2 times the volatility of the other side.
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.
FIS vs GMHS: side by side
| FIS (Fidelity National Information Services) | GMHS (Gamehaus Holdings Inc. - Class A) | |
|---|---|---|
| 1-year return | -40.0% | -35.1% |
| 5-year return | -63.9% | n/a |
| Volatility (ann.) | 27.2% | 86.7% |
| Beta vs S&P 500 | 0.57 | -0.16 |
| Max drawdown (3Y) | -56.5% | -95.8% |
| Market cap | $20.9B | – |
| P/E (trailing) | 6.2 | 8.1 |
| Dividend yield | 4.13% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | FIS | GMHS |
|---|---|---|
| 2022 | -36.5% | – |
| 2023 | -8.2% | – |
| 2024 | +37.0% | +8.1% |
| 2025 | -15.8% | -91.6% |
| 2026 | -37.8% | -23.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FIS and GMHS good diversifiers for each other?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between FIS and GMHS?
As of 2026-08-27, the correlation of weekly returns between FIS and GMHS is -0.21 over 3 years, -0.09 over 1 year and n/a over 5 years.
Is GMHS a good diversifier for FIS?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.21 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/fis-vs-gmhs.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fis-vs-gmhs/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FIS correlations · GMHS correlations
