GITS vs SKYA: Correlation
Global Interactive Technologies, Inc. (GITS) and SkyAI, Inc. (SKYA) show a negative relationship: their 3-year correlation of weekly returns is -0.29.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GITS and SKYA?
On 3 years of weekly data the GITS/SKYA correlation comes out at -0.29, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.01) than the 3-year average (-0.29). The 5-year figure is n/a, and annualized covariance runs at -56613.8 %².
SKYA is close to the least connected end of GITS's tracked universe, ranking #31 of 35. The last year tells two different stories: GITS led by 68.0 percentage points, -22.1% for GITS against -90.1% for SKYA. One caveat on sizing: GITS is 9.4 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 SKYA: side by side
| GITS (Global Interactive Technologies, Inc.) | SKYA (SkyAI, Inc.) | |
|---|---|---|
| 1-year return | -22.1% | -90.1% |
| 5-year return | n/a | -100.0% |
| Volatility (ann.) | 1352.0% | 144.3% |
| Beta vs S&P 500 | -3.91 | 1.21 |
| Max drawdown (3Y) | -98.4% | -100.0% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GITS | SKYA |
|---|---|---|
| 2023 | – | -65.6% |
| 2024 | -69.5% | -77.5% |
| 2025 | +186.6% | -99.7% |
| 2026 | +154.2% | -27.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GITS and SKYA good diversifiers for each other?
By historical standards, yes. A correlation of -0.29 means the two rarely move for the same reasons.
FAQ
What is the correlation between GITS and SKYA?
Using weekly returns as of 2026-08-27: -0.29 over 3 years, with 0.01 over the last year and n/a over 5 years.
Is SKYA a good diversifier for GITS?
By historical standards, yes. A correlation of -0.29 means the two rarely move for the same reasons.
What does a correlation of -0.29 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-skya.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gits-vs-skya/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GITS correlations · SKYA correlations
