GTM vs INVE: Correlation
Measured on weekly returns over the past three years, ZoomInfo Technologies Inc. (GTM) and Identiv, Inc. (INVE) 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 GTM and INVE?
On 3 years of weekly data the GTM/INVE correlation comes out at 0.37, moderate. The past 12 months show a weaker link (0.24) than the 3-year average (0.37). The 5-year figure is 0.41, and annualized covariance runs at 1120.3 %².
By 3-year correlation, INVE places #9 of the 14 assets tracked against GTM. Their recent paths diverged sharply: over the last 12 months INVE outperformed by 38.6 percentage points (-62.0% for GTM against -23.4% for INVE).
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.
GTM vs INVE: side by side
| GTM (ZoomInfo Technologies Inc.) | INVE (Identiv, Inc.) | |
|---|---|---|
| 1-year return | -62.0% | -23.4% |
| 5-year return | -93.6% | -83.7% |
| Volatility (ann.) | 55.9% | 54.6% |
| Beta vs S&P 500 | 1.57 | 1.05 |
| Max drawdown (3Y) | -86.2% | -72.2% |
| Market cap | $1.2B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GTM | INVE |
|---|---|---|
| 2022 | -53.1% | -74.3% |
| 2023 | -38.6% | +13.8% |
| 2024 | -43.2% | -55.6% |
| 2025 | -3.2% | +4.9% |
| 2026 | -59.9% | -26.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GTM and INVE good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between GTM and INVE?
Using weekly returns as of 2026-08-27: 0.37 over 3 years, with 0.24 over the last year and 0.41 over 5 years.
Is INVE a good diversifier for GTM?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
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/gtm-vs-inve.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gtm-vs-inve/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GTM correlations · INVE correlations
