GITS vs TT: Correlation
Global Interactive Technologies, Inc. (GITS) and Trane Technologies (TT) show a negative relationship: their 3-year correlation of weekly returns is -0.21.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GITS and TT?
Across a 3-year window, the weekly returns of GITS and TT correlate at -0.21, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.01) than the 3-year average (-0.21). Stretching to 5 years gives n/a, with an annualized covariance of -7802.2 %².
Within GITS's tracked universe of 35 assets, TT comes in at #16 by 3-year correlation. The last year tells two different stories: TT led by 29.9 percentage points, -22.1% for GITS against +7.8% for TT. Note the risk asymmetry: GITS runs 48.6 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 TT: side by side
| GITS (Global Interactive Technologies, Inc.) | TT (Trane Technologies) | |
|---|---|---|
| 1-year return | -22.1% | +7.8% |
| 5-year return | n/a | +141.4% |
| Volatility (ann.) | 1352.0% | 27.8% |
| Beta vs S&P 500 | -3.91 | 1.19 |
| Max drawdown (3Y) | -98.4% | -24.4% |
| Market cap | – | $100.0B |
| P/E (trailing) | – | 33.8 |
| Dividend yield | 0.00% | 0.86% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | GITS | TT |
|---|---|---|
| 2022 | – | -15.3% |
| 2023 | – | +47.4% |
| 2024 | -69.5% | +53.0% |
| 2025 | +186.6% | +6.1% |
| 2026 | +154.2% | +17.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GITS and TT good diversifiers for each other?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between GITS and TT?
Using weekly returns as of 2026-08-27: -0.21 over 3 years, with 0.01 over the last year and n/a over 5 years.
Is TT a good diversifier for GITS?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.21 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-tt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/gits-vs-tt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GITS correlations · TT correlations
