GMHS vs IPDN: Correlation
Measured on weekly returns over the past three years, Gamehaus Holdings Inc. - Class A (GMHS) and Professional Diversity Network, Inc. (IPDN) carry a correlation of 0.39, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GMHS and IPDN?
Across a 3-year window, the weekly returns of GMHS and IPDN correlate at 0.39, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.25 versus 0.39 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of 6450.5 %².
IPDN is one of the assets that tracks GMHS most closely: it ranks #3 out of the 28 assets we track against GMHS. Their recent paths diverged sharply: over the last 12 months GMHS outperformed by 58.4 percentage points (-35.1% for GMHS against -93.5% for IPDN). One caveat on sizing: IPDN is 2.2 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.
GMHS vs IPDN: side by side
| GMHS (Gamehaus Holdings Inc. - Class A) | IPDN (Professional Diversity Network, Inc.) | |
|---|---|---|
| 1-year return | -35.1% | -93.5% |
| 5-year return | n/a | -99.5% |
| Volatility (ann.) | 86.7% | 192.4% |
| Beta vs S&P 500 | -0.16 | 1.06 |
| Max drawdown (3Y) | -95.8% | -99.6% |
| Market cap | – | – |
| P/E (trailing) | 8.1 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GMHS | IPDN |
|---|---|---|
| 2022 | – | +5.1% |
| 2023 | – | -1.5% |
| 2024 | +8.1% | -75.4% |
| 2025 | -91.6% | -77.2% |
| 2026 | -23.0% | -89.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GMHS and IPDN good diversifiers for each other?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between GMHS and IPDN?
The GMHS/IPDN correlation stands at 0.39 on a 3-year window (1 year: 0.25, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is IPDN a good diversifier for GMHS?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.39 mean?
On the −1 to +1 scale, 0.39 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/gmhs-vs-ipdn.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/gmhs-vs-ipdn/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: GMHS correlations · IPDN correlations
