GIB vs HURA: Correlation
Measured on weekly returns over the past three years, CGI Inc. (GIB) and TuHURA Biosciences, Inc. (HURA) carry a correlation of -0.23, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GIB and HURA?
Across a 3-year window, the weekly returns of GIB and HURA correlate at -0.23, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.27 over 1 year against -0.23 over 3. Stretching to 5 years gives -0.12, with an annualized covariance of -814.1 %².
Out of 25 assets tracked against GIB, HURA lands near the bottom at #23. Twelve-month performance is nearly a tie, at -22.4% for GIB and -26.6% for HURA. One caveat on sizing: HURA is 6.5 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
GIB vs HURA: side by side
| GIB (CGI Inc.) | HURA (TuHURA Biosciences, Inc.) | |
|---|---|---|
| 1-year return | -22.4% | -26.6% |
| 5-year return | -16.0% | -99.9% |
| Volatility (ann.) | 23.3% | 152.6% |
| Beta vs S&P 500 | 0.57 | 0.27 |
| Max drawdown (3Y) | -49.6% | -99.7% |
| Market cap | $15.4B | $0.1B |
| P/E (trailing) | 12.6 | – |
| Dividend yield | 0.90% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GIB | HURA |
|---|---|---|
| 2022 | -2.7% | -73.0% |
| 2023 | +24.5% | -97.5% |
| 2024 | +2.1% | -31.3% |
| 2025 | -15.3% | -81.5% |
| 2026 | -18.8% | +181.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GIB and HURA good diversifiers for each other?
Yes. With a correlation of -0.23, GIB and HURA have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between GIB and HURA?
As of 2026-08-27, the correlation of weekly returns between GIB and HURA is -0.23 over 3 years, -0.27 over 1 year and -0.12 over 5 years.
Is HURA a good diversifier for GIB?
Yes. With a correlation of -0.23, GIB and HURA have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.23 mean?
On the −1 to +1 scale, -0.23 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
$ curl https://www.pairbook.io/api/v1/pairs/gib-vs-hura.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gib-vs-hura/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GIB correlations · HURA correlations
