GMHS vs NTRB: Correlation
How closely do Gamehaus Holdings Inc. - Class A (GMHS) and Nutriband Inc. (NTRB) trade together? Their weekly returns over three years give a correlation of -0.27, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GMHS and NTRB?
On 3 years of weekly data the GMHS/NTRB correlation comes out at -0.27, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.18 lands near the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at -2515.8 %².
By 3-year correlation, NTRB places #23 of the 28 assets tracked against GMHS. On 12-month performance NTRB holds a 7.2-point edge, -35.1% against -27.9%.
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 NTRB: side by side
| GMHS (Gamehaus Holdings Inc. - Class A) | NTRB (Nutriband Inc.) | |
|---|---|---|
| 1-year return | -35.1% | -27.9% |
| 5-year return | n/a | -19.5% |
| Volatility (ann.) | 86.7% | 106.0% |
| Beta vs S&P 500 | -0.16 | 1.25 |
| Max drawdown (3Y) | -95.8% | -73.8% |
| Market cap | – | $0.1B |
| P/E (trailing) | 8.1 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GMHS | NTRB |
|---|---|---|
| 2022 | – | -58.3% |
| 2023 | – | -35.6% |
| 2024 | +8.1% | +103.0% |
| 2025 | -91.6% | -3.6% |
| 2026 | -23.0% | +1.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GMHS and NTRB good diversifiers for each other?
Yes. With a correlation of -0.27, GMHS and NTRB have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between GMHS and NTRB?
The GMHS/NTRB correlation stands at -0.27 on a 3-year window (1 year: -0.18, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is NTRB a good diversifier for GMHS?
Yes. With a correlation of -0.27, GMHS and NTRB have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.27 mean?
A reading of -0.27 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/gmhs-vs-ntrb.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gmhs-vs-ntrb/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GMHS correlations · NTRB correlations
