GTIM vs HAFC: Correlation
Measured on weekly returns over the past three years, Good Times Restaurants Inc. (GTIM) and Hanmi Financial Corporation (HAFC) carry a correlation of 0.37, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GTIM and HAFC?
Over the past 3 years, GTIM and HAFC moved with a correlation of 0.37, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.62 versus 0.37 over 3 years. Over 5 years the correlation is 0.32, and the annualized covariance of weekly returns is 505.0 %².
Among the 11 assets we track against GTIM, HAFC ranks #6 by 3-year correlation. The last year tells two different stories: HAFC led by 39.6 percentage points, -12.3% for GTIM against +27.3% for HAFC.
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.
GTIM vs HAFC: side by side
| GTIM (Good Times Restaurants Inc.) | HAFC (Hanmi Financial Corporation) | |
|---|---|---|
| 1-year return | -12.3% | +27.3% |
| 5-year return | -71.4% | +104.5% |
| Volatility (ann.) | 41.7% | 32.5% |
| Beta vs S&P 500 | 0.69 | 0.90 |
| Max drawdown (3Y) | -65.3% | -26.9% |
| Market cap | – | $0.9B |
| P/E (trailing) | 7.1 | 10.5 |
| Dividend yield | 0.00% | 3.54% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GTIM | HAFC |
|---|---|---|
| 2022 | -48.4% | +8.5% |
| 2023 | +13.4% | -17.0% |
| 2024 | +2.0% | +28.7% |
| 2025 | -53.3% | +19.7% |
| 2026 | +24.0% | +18.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GTIM and HAFC good diversifiers for each other?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between GTIM and HAFC?
The GTIM/HAFC correlation stands at 0.37 on a 3-year window (1 year: 0.62, 5 years: 0.32), computed from weekly returns as of 2026-08-27.
Is HAFC a good diversifier for GTIM?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.37 mean?
A reading of 0.37 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/gtim-vs-hafc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gtim-vs-hafc/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: GTIM correlations · HAFC correlations
