GITS vs ZKIN: Correlation
Measured on weekly returns over the past three years, Global Interactive Technologies, Inc. (GITS) and ZK International Group Co., Ltd (ZKIN) carry a correlation of 0.73, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GITS and ZKIN?
On 3 years of weekly data the GITS/ZKIN correlation comes out at 0.73, strong. The link has loosened recently: the 1-year correlation (0.26) runs below the 3-year figure (0.73). The 5-year figure is n/a, and annualized covariance runs at 293903.8 %².
Few assets follow GITS as closely as ZKIN, which ranks #3 of 35 tracked partners. Correlation aside, the last 12 months split them widely, with GITS ahead by 19.5 points (-22.1% versus -41.6%). One caveat on sizing: GITS is 4.6 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 ZKIN: side by side
| GITS (Global Interactive Technologies, Inc.) | ZKIN (ZK International Group Co., Ltd) | |
|---|---|---|
| 1-year return | -22.1% | -41.6% |
| 5-year return | n/a | -68.9% |
| Volatility (ann.) | 1352.0% | 296.5% |
| Beta vs S&P 500 | -3.91 | -1.03 |
| Max drawdown (3Y) | -98.4% | -74.7% |
| 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 | ZKIN |
|---|---|---|
| 2022 | – | -70.6% |
| 2023 | – | +140.2% |
| 2024 | -69.5% | -38.8% |
| 2025 | +186.6% | +150.0% |
| 2026 | +154.2% | -23.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GITS and ZKIN good diversifiers for each other?
To a limited degree. At 0.73 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between GITS and ZKIN?
The GITS/ZKIN correlation stands at 0.73 on a 3-year window (1 year: 0.26, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is ZKIN a good diversifier for GITS?
To a limited degree. At 0.73 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.73 mean?
On the −1 to +1 scale, 0.73 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/gits-vs-zkin.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gits-vs-zkin/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GITS correlations · ZKIN correlations
