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FISV vs GTIM: Correlation

Measured on weekly returns over the past three years, Fiserv (FISV) and Good Times Restaurants Inc. (GTIM) carry a correlation of 0.38, a moderate link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.38
moderate
Correlation (1Y)
0.47
last 12 months
Correlation (5Y)
0.34
long-run
Ann. covariance
621.0
%² · weekly, annualized

How correlated are FISV and GTIM?

Across a 3-year window, the weekly returns of FISV and GTIM correlate at 0.38, moderate. Recent behaviour matches the longer record: 0.47 over 1 year against 0.38 over 3. Stretching to 5 years gives 0.34, with an annualized covariance of 621.0 %².

Among the 39 assets we track against FISV, GTIM ranks #21 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months GTIM outperformed by 49.6 percentage points (-61.9% for FISV 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.

FISV vs GTIM: side by side

FISV (Fiserv)GTIM (Good Times Restaurants Inc.)
1-year return-61.9%-12.3%
5-year return-55.0%-71.4%
Volatility (ann.)39.2%41.7%
Beta vs S&P 5000.580.69
Max drawdown (3Y)-80.2%-65.3%
Market cap$28.0B
P/E (trailing)10.17.1
Dividend yield0.00%0.00%
Sector / categoryFinancialsUS Listed
Lower P/E: GTIM 7.1 vs 10.1Smaller drawdown: GTIM -65.3% vs -80.2%Higher 5y return: FISV -55.0% vs -71.4%
-65%0%+16%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. FISV · GTIM

Year-by-year returns

YearFISVGTIM
2022-2.6%-48.4%
2023+31.4%+13.4%
2024+54.6%+2.0%
2025-67.3%-53.3%
2026-21.7%+24.0%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are FISV and GTIM good diversifiers for each other?

Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.

FAQ

What is the correlation between FISV and GTIM?

Using weekly returns as of 2026-08-27: 0.38 over 3 years, with 0.47 over the last year and 0.34 over 5 years.

Is GTIM a good diversifier for FISV?

Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.

What does a correlation of 0.38 mean?

On the −1 to +1 scale, 0.38 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

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$ curl https://www.pairbook.io/api/v1/pairs/fisv-vs-gtim.json

FISV vs GTIM: 3-year weekly correlation 0.38FISV vs GTIM0.38

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Related comparisons

Hubs: FISV correlations · GTIM correlations