CGI Inc. (GIB) — Stock Correlations & Overview

Over the past year, GIB has moved most closely with ACN, CTSH, EXLS. Explore the stocks most correlated and inversely correlated with GIB below, along with its price, financials, and company profile.

Stocks correlated with GIB

Correlation of daily returns. Higher positive values move with GIB; negative values move opposite it. Informational only, not investment advice.

Most correlated with GIB

SymbolCompanyCorrelation
ACNAccenture PLCSERVICES-BUSINESS SERVICES, NEC0.70
CTSHCognizant Technology SolutionsSERVICES-COMPUTER PROGRAMMING SERVICES0.70
EXLSExlService Holdings, Inc.SERVICES-BUSINESS SERVICES, NEC0.62
DOXAmdocs Limited0.62
GLOBGLOBANT S.A.0.61

Most inversely correlated with GIB

SymbolCompanyCorrelation
HDGEAdvisorShares Ranger Equity Bear ETF-0.59
DWSHAdvisorShares Dorsey Wright Short ETF-0.53
USNGAmplify Samsung U.S. Natural Gas Infrastructure ETF-0.39
SIMOSilicon Motion Technology Corporation-0.36
LSEQHarbor Long-Short Equity ETF-0.35

Frequently asked questions about GIB correlations

Which stocks are most correlated with GIB?
Based on one year of daily returns, the stocks most correlated with CGI Inc. (GIB) are ACN (0.70), CTSH (0.70) and EXLS (0.62). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
Which stocks are inversely correlated with GIB?
Over the past year, the stocks most inversely correlated with CGI Inc. (GIB) are HDGE (-0.59), DWSH (-0.53) and USNG (-0.39). A negative correlation means the two stocks have tended to move in opposite directions.
What does a correlation of 0.8 mean for a stock?
Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
How are these GIB correlations calculated?
We compute the correlation of daily returns between GIB and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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