GIB vs NSP: Correlation
CGI Inc. (GIB) and Insperity, Inc. (NSP) show a moderate relationship: their 3-year correlation of weekly returns is 0.49.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GIB and NSP?
Over the past 3 years, GIB and NSP moved with a correlation of 0.49, which is moderate. The relationship has been stable: the 1-year correlation (0.59) sits close to the 3-year figure. Over 5 years the correlation is 0.44, and the annualized covariance of weekly returns is 612.0 %².
By 3-year correlation, NSP places #13 of the 25 assets tracked against GIB. Correlation aside, the last 12 months split them widely, with NSP ahead by 23.7 points (-22.4% versus +1.3%). Note the risk asymmetry: NSP runs 2.3 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.
GIB vs NSP: side by side
| GIB (CGI Inc.) | NSP (Insperity, Inc.) | |
|---|---|---|
| 1-year return | -22.4% | +1.3% |
| 5-year return | -16.0% | -44.3% |
| Volatility (ann.) | 23.3% | 54.1% |
| Beta vs S&P 500 | 0.57 | 0.97 |
| Max drawdown (3Y) | -49.6% | -81.5% |
| Market cap | $15.4B | $2.0B |
| P/E (trailing) | 12.6 | – |
| Dividend yield | 0.90% | 4.62% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GIB | NSP |
|---|---|---|
| 2022 | -2.7% | -1.9% |
| 2023 | +24.5% | +5.2% |
| 2024 | +2.1% | -32.1% |
| 2025 | -15.3% | -47.8% |
| 2026 | -18.8% | +40.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GIB and NSP good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between GIB and NSP?
The GIB/NSP correlation stands at 0.49 on a 3-year window (1 year: 0.59, 5 years: 0.44), computed from weekly returns as of 2026-08-27.
Is NSP a good diversifier for GIB?
Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.49 mean?
On the −1 to +1 scale, 0.49 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-nsp.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gib-vs-nsp/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: GIB correlations · NSP correlations
