GITS vs SABS: Correlation
Measured on weekly returns over the past three years, Global Interactive Technologies, Inc. (GITS) and SAB Biotherapeutics, Inc. (SABS) carry a correlation of -0.31, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GITS and SABS?
Across a 3-year window, the weekly returns of GITS and SABS correlate at -0.31, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.05 versus -0.31 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of -36424.2 %².
SABS is close to the least connected end of GITS's tracked universe, ranking #32 of 35. The last year tells two different stories: SABS led by 107.5 percentage points, -22.1% for GITS against +85.4% for SABS. Risk is not evenly split, since GITS carries 15.6 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 SABS: side by side
| GITS (Global Interactive Technologies, Inc.) | SABS (SAB Biotherapeutics, Inc.) | |
|---|---|---|
| 1-year return | -22.1% | +85.4% |
| 5-year return | n/a | -96.1% |
| Volatility (ann.) | 1352.0% | 86.9% |
| Beta vs S&P 500 | -3.91 | 0.67 |
| Max drawdown (3Y) | -98.4% | -89.0% |
| Market cap | – | $0.4B |
| P/E (trailing) | – | 16.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GITS | SABS |
|---|---|---|
| 2022 | – | -92.4% |
| 2023 | – | +16.6% |
| 2024 | -69.5% | -44.9% |
| 2025 | +186.6% | -1.4% |
| 2026 | +154.2% | +5.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GITS and SABS good diversifiers for each other?
Yes. With a correlation of -0.31, GITS and SABS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between GITS and SABS?
As of 2026-08-27, the correlation of weekly returns between GITS and SABS is -0.31 over 3 years, 0.05 over 1 year and n/a over 5 years.
Is SABS a good diversifier for GITS?
Yes. With a correlation of -0.31, GITS and SABS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.31 mean?
A reading of -0.31 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-sabs.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/gits-vs-sabs/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: GITS correlations · SABS correlations
