GTIM vs SCNX: Correlation
Good Times Restaurants Inc. (GTIM) and Scienture Holdings, Inc. (SCNX) show a moderate relationship: their 3-year correlation of weekly returns is 0.46.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GTIM and SCNX?
Across a 3-year window, the weekly returns of GTIM and SCNX correlate at 0.46, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.78 versus 0.46 over 3 years. Stretching to 5 years gives 0.37, with an annualized covariance of 3720.1 %².
Few assets follow GTIM as closely as SCNX, which ranks #1 of 11 tracked partners. The last year tells two different stories: GTIM led by 50.8 percentage points, -12.3% for GTIM against -63.1% for SCNX. Risk is not evenly split, since SCNX carries 4.6 times the volatility of the other side.
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 SCNX: side by side
| GTIM (Good Times Restaurants Inc.) | SCNX (Scienture Holdings, Inc.) | |
|---|---|---|
| 1-year return | -12.3% | -63.1% |
| 5-year return | -71.4% | -99.2% |
| Volatility (ann.) | 41.7% | 193.3% |
| Beta vs S&P 500 | 0.69 | 2.75 |
| Max drawdown (3Y) | -65.3% | -98.9% |
| Market cap | – | – |
| P/E (trailing) | 7.1 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GTIM | SCNX |
|---|---|---|
| 2022 | -48.4% | -82.9% |
| 2023 | +13.4% | -14.0% |
| 2024 | +2.0% | +86.9% |
| 2025 | -53.3% | -91.6% |
| 2026 | +24.0% | -25.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GTIM and SCNX good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between GTIM and SCNX?
Using weekly returns as of 2026-08-27: 0.46 over 3 years, with 0.78 over the last year and 0.37 over 5 years.
Is SCNX a good diversifier for GTIM?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.46 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/gtim-vs-scnx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gtim-vs-scnx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: GTIM correlations · SCNX correlations
