GITS vs JBSS: Correlation
How closely do Global Interactive Technologies, Inc. (GITS) and John B. Sanfilippo & Son, Inc. (JBSS) trade together? Their weekly returns over three years give a correlation of -0.36, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GITS and JBSS?
On 3 years of weekly data the GITS/JBSS correlation comes out at -0.36, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.25) than the 3-year average (-0.36). The 5-year figure is n/a, and annualized covariance runs at -13808.1 %².
JBSS is close to the least connected end of GITS's tracked universe, ranking #34 of 35. The last year tells two different stories: JBSS led by 41.3 percentage points, -22.1% for GITS against +19.2% for JBSS. Risk is not evenly split, since GITS carries 47.3 times the volatility of the other side.
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 JBSS: side by side
| GITS (Global Interactive Technologies, Inc.) | JBSS (John B. Sanfilippo & Son, Inc.) | |
|---|---|---|
| 1-year return | -22.1% | +19.2% |
| 5-year return | n/a | +6.4% |
| Volatility (ann.) | 1352.0% | 28.6% |
| Beta vs S&P 500 | -3.91 | 0.21 |
| Max drawdown (3Y) | -98.4% | -43.7% |
| Market cap | – | $0.9B |
| P/E (trailing) | – | 14.1 |
| Dividend yield | 0.00% | 1.25% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GITS | JBSS |
|---|---|---|
| 2022 | – | -5.9% |
| 2023 | – | +30.9% |
| 2024 | -69.5% | -12.8% |
| 2025 | +186.6% | -15.8% |
| 2026 | +154.2% | +9.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GITS and JBSS good diversifiers for each other?
Yes. With a correlation of -0.36, GITS and JBSS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between GITS and JBSS?
As of 2026-08-27, the correlation of weekly returns between GITS and JBSS is -0.36 over 3 years, 0.25 over 1 year and n/a over 5 years.
Is JBSS a good diversifier for GITS?
Yes. With a correlation of -0.36, GITS and JBSS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.36 mean?
A reading of -0.36 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/gits-vs-jbss.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gits-vs-jbss/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GITS correlations · JBSS correlations
