FPH vs GMHS: Correlation
Five Point Holdings, LLC Class A (FPH) and Gamehaus Holdings Inc. - Class A (GMHS) show a negative relationship: their 3-year correlation of weekly returns is -0.29.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FPH and GMHS?
Over the past 3 years, FPH and GMHS moved with a correlation of -0.29, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.13 versus -0.29 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -1089.9 %².
Among the 12 assets we track against FPH, GMHS sits near the bottom by co-movement, at rank #12. The last year tells two different stories: FPH led by 25.8 percentage points, -9.3% for FPH against -35.1% for GMHS. Note the risk asymmetry: GMHS runs 2.0 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.
FPH vs GMHS: side by side
| FPH (Five Point Holdings, LLC Class A) | GMHS (Gamehaus Holdings Inc. - Class A) | |
|---|---|---|
| 1-year return | -9.3% | -35.1% |
| 5-year return | -37.3% | n/a |
| Volatility (ann.) | 44.0% | 86.7% |
| Beta vs S&P 500 | 0.83 | -0.16 |
| Max drawdown (3Y) | -33.4% | -95.8% |
| Market cap | $0.8B | – |
| P/E (trailing) | 7.1 | 8.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FPH | GMHS |
|---|---|---|
| 2022 | -64.4% | – |
| 2023 | +31.8% | – |
| 2024 | +23.1% | +8.1% |
| 2025 | +47.9% | -91.6% |
| 2026 | -8.8% | -23.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FPH and GMHS good diversifiers for each other?
By historical standards, yes. A correlation of -0.29 means the two rarely move for the same reasons.
FAQ
What is the correlation between FPH and GMHS?
Using weekly returns as of 2026-08-27: -0.29 over 3 years, with -0.13 over the last year and n/a over 5 years.
Is GMHS a good diversifier for FPH?
By historical standards, yes. A correlation of -0.29 means the two rarely move for the same reasons.
What does a correlation of -0.29 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/fph-vs-gmhs.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fph-vs-gmhs/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FPH correlations · GMHS correlations
