GMHS vs NIVF: Correlation
Measured on weekly returns over the past three years, Gamehaus Holdings Inc. - Class A (GMHS) and NewGenIvf Group Limited - Class A (NIVF) carry a correlation of 0.44, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GMHS and NIVF?
On 3 years of weekly data the GMHS/NIVF correlation comes out at 0.44, moderate. The link has loosened recently: the 1-year correlation (0.03) runs below the 3-year figure (0.44). The 5-year figure is n/a, and annualized covariance runs at 30598.8 %².
NIVF is one of the assets that tracks GMHS most closely: it ranks #1 out of the 28 assets we track against GMHS. Correlation aside, the last 12 months split them widely, with GMHS ahead by 64.8 points (-35.1% versus -99.9%). One caveat on sizing: NIVF is 9.2 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 NIVF: side by side
| GMHS (Gamehaus Holdings Inc. - Class A) | NIVF (NewGenIvf Group Limited - Class A) | |
|---|---|---|
| 1-year return | -35.1% | -99.9% |
| 5-year return | n/a | -100.0% |
| Volatility (ann.) | 86.7% | 800.3% |
| Beta vs S&P 500 | -0.16 | 5.34 |
| Max drawdown (3Y) | -95.8% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | 8.1 | 0.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GMHS | NIVF |
|---|---|---|
| 2023 | – | +6.9% |
| 2024 | +8.1% | -96.3% |
| 2025 | -91.6% | -99.3% |
| 2026 | -23.0% | -98.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GMHS and NIVF good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between GMHS and NIVF?
Using weekly returns as of 2026-08-27: 0.44 over 3 years, with 0.03 over the last year and n/a over 5 years.
Is NIVF a good diversifier for GMHS?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.44 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.
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Related comparisons
Hubs: GMHS correlations · NIVF correlations
