GIBO vs STKS: Correlation
GIBO Holdings Limited - Class A (GIBO) and The ONE Group Hospitality, Inc. (STKS) show a negative relationship: their 3-year correlation of weekly returns is -0.19.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GIBO and STKS?
Over the past 3 years, GIBO and STKS moved with a correlation of -0.19, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.08 versus -0.19 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -1406.5 %².
By 3-year correlation, STKS places #13 of the 33 assets tracked against GIBO. Correlation aside, the last 12 months split them widely, with STKS ahead by 20.2 points (-62.4% versus -42.2%). One caveat on sizing: GIBO is 1.8 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.
GIBO vs STKS: side by side
| GIBO (GIBO Holdings Limited - Class A) | STKS (The ONE Group Hospitality, Inc.) | |
|---|---|---|
| 1-year return | -62.4% | -42.2% |
| 5-year return | n/a | -85.0% |
| Volatility (ann.) | 116.5% | 63.5% |
| Beta vs S&P 500 | -0.40 | 1.30 |
| Max drawdown (3Y) | -100.0% | -76.5% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GIBO | STKS |
|---|---|---|
| 2022 | – | -50.0% |
| 2023 | – | -2.9% |
| 2024 | +7.8% | -52.6% |
| 2025 | -99.9% | -39.7% |
| 2026 | -38.3% | -5.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GIBO and STKS good diversifiers for each other?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
FAQ
What is the correlation between GIBO and STKS?
As of 2026-08-27, the correlation of weekly returns between GIBO and STKS is -0.19 over 3 years, 0.08 over 1 year and n/a over 5 years.
Is STKS a good diversifier for GIBO?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
What does a correlation of -0.19 mean?
On the −1 to +1 scale, -0.19 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/gibo-vs-stks.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/gibo-vs-stks/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GIBO correlations · STKS correlations
