Hawkins Inc (HWKN) Correlation Distribution
Across 6,809 rolling correlation observations between Hawkins Inc (HWKN) and other NASDAQ-listed stocks, 38.2% are positive and 61.8% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.09, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 16.2% and strong negative correlations (≤−0.7) for 9.2%.
- Total observations
- 6,809
- Mean correlation
- -0.09
- Most common range
- -0.7 to -0.6
- Positive pairs
- 38.2%
- Strong positive (≥0.7)
- 16.2%
- Sector
- Wholesale-Chemicals & Allied Products
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 15 | 0.2% | |
| -0.9 to -0.8 | 307 | 4.5% | |
| -0.8 to -0.7 | 307 | 4.5% | |
| -0.7 to -0.6 | 852 | 12.5% | |
| -0.6 to -0.5 | 851 | 12.5% | |
| -0.5 to -0.4 | 551 | 8.1% | |
| -0.4 to -0.3 | 550 | 8.1% | |
| -0.3 to -0.2 | 273 | 4.0% | |
| -0.2 to -0.1 | 273 | 4.0% | |
| -0.1 to 0.0 | 228 | 3.3% | |
| 0.0 to 0.1 | 227 | 3.3% | |
| 0.1 to 0.2 | 177 | 2.6% | |
| 0.2 to 0.3 | 177 | 2.6% | |
| 0.3 to 0.4 | 208 | 3.1% | |
| 0.4 to 0.5 | 207 | 3.0% | |
| 0.5 to 0.6 | 252 | 3.7% | |
| 0.6 to 0.7 | 251 | 3.7% | |
| 0.7 to 0.8 | 403 | 5.9% | |
| 0.8 to 0.9 | 403 | 5.9% | |
| 0.9 to 1.0 | 297 | 4.4% |
Frequently asked questions
What is the average correlation of HWKN?
Hawkins Inc (HWKN) has an average correlation of about -0.09 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is HWKN positively correlated with other stocks?
Not predominantly — 38.2% of pairs are positive and 61.8% are negative. Strong positive correlations (≥0.7) make up 16.2%.
What is the most common correlation range for HWKN?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 19.9% of all pairs.
Explore the full interactive correlation distribution for HWKN.
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