GITS vs HAO: Correlation
Global Interactive Technologies, Inc. (GITS) and Haoxi Health Technology Limited - Class A Ord Share (HAO) show a moderate relationship: their 3-year correlation of weekly returns is 0.58.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GITS and HAO?
Over the past 3 years, GITS and HAO moved with a correlation of 0.58, which is moderate. The past 12 months show a weaker link (-0.04) than the 3-year average (0.58). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 1892887.5 %².
Within GITS's tracked universe of 35 assets, HAO comes in at #4 by 3-year correlation. The last year tells two different stories: GITS led by 75.8 percentage points, -22.1% for GITS against -97.9% for HAO. One caveat on sizing: HAO is 1.7 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.
GITS vs HAO: side by side
| GITS (Global Interactive Technologies, Inc.) | HAO (Haoxi Health Technology Limited - Class A Ord Share) | |
|---|---|---|
| 1-year return | -22.1% | -97.9% |
| 5-year return | n/a | n/a |
| Volatility (ann.) | 1352.0% | 2273.9% |
| Beta vs S&P 500 | -3.91 | -2.44 |
| Max drawdown (3Y) | -98.4% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GITS | HAO |
|---|---|---|
| 2024 | -69.5% | – |
| 2025 | +186.6% | +613.3% |
| 2026 | +154.2% | -97.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GITS and HAO good diversifiers for each other?
Only partially. A correlation of 0.58 means GITS and HAO share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between GITS and HAO?
As of 2026-08-27, the correlation of weekly returns between GITS and HAO is 0.58 over 3 years, -0.04 over 1 year and n/a over 5 years.
Is HAO a good diversifier for GITS?
Only partially. A correlation of 0.58 means GITS and HAO share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.58 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/gits-vs-hao.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/gits-vs-hao/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GITS correlations · HAO correlations
