Highwoods Properties Inc. (HIW) Correlation Distribution
Across 6,809 rolling correlation observations between Highwoods Properties Inc. (HIW) and other NASDAQ-listed stocks, 71.1% are positive and 28.9% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.312, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 30.1% and strong negative correlations (≤−0.7) for 2.2%.
- Total observations
- 6,809
- Mean correlation
- 0.312
- Most common range
- 0.7 to 0.8
- Positive pairs
- 71.1%
- Strong positive (≥0.7)
- 30.1%
- Sector
- Real Estate Investment Trusts
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 74 | 1.1% | |
| -0.8 to -0.7 | 74 | 1.1% | |
| -0.7 to -0.6 | 202 | 3.0% | |
| -0.6 to -0.5 | 202 | 3.0% | |
| -0.5 to -0.4 | 319 | 4.7% | |
| -0.4 to -0.3 | 319 | 4.7% | |
| -0.3 to -0.2 | 266 | 3.9% | |
| -0.2 to -0.1 | 265 | 3.9% | |
| -0.1 to 0.0 | 246 | 3.6% | |
| 0.0 to 0.1 | 245 | 3.6% | |
| 0.1 to 0.2 | 259 | 3.8% | |
| 0.2 to 0.3 | 259 | 3.8% | |
| 0.3 to 0.4 | 358 | 5.3% | |
| 0.4 to 0.5 | 358 | 5.3% | |
| 0.5 to 0.6 | 657 | 9.6% | |
| 0.6 to 0.7 | 657 | 9.6% | |
| 0.7 to 0.8 | 933 | 13.7% | |
| 0.8 to 0.9 | 932 | 13.7% | |
| 0.9 to 1.0 | 184 | 2.7% |
Frequently asked questions
What is the average correlation of HIW?
Highwoods Properties Inc. (HIW) has an average correlation of about 0.312 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is HIW positively correlated with other stocks?
Mostly yes — 71.1% of pairs are positive and 28.9% are negative. Strong positive correlations (≥0.7) make up 30.1%.
What is the most common correlation range for HIW?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 22.6% of all pairs.
Explore the full interactive correlation distribution for HIW.
Open interactive dashboard →