MarineMax, Inc. (HZO) Correlation Distribution
Across 6,809 rolling correlation observations between MarineMax, Inc. (HZO) and other NASDAQ-listed stocks, 74% are positive and 26% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.319, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 24.2% and strong negative correlations (≤−0.7) for 0.2%.
- Total observations
- 6,809
- Mean correlation
- 0.319
- Most common range
- 0.7 to 0.8
- Positive pairs
- 74%
- Strong positive (≥0.7)
- 24.2%
- Sector
- Retail-Auto & Home Supply Stores
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 9 | 0.1% | |
| -0.8 to -0.7 | 8 | 0.1% | |
| -0.7 to -0.6 | 143 | 2.1% | |
| -0.6 to -0.5 | 142 | 2.1% | |
| -0.5 to -0.4 | 323 | 4.7% | |
| -0.4 to -0.3 | 323 | 4.7% | |
| -0.3 to -0.2 | 279 | 4.1% | |
| -0.2 to -0.1 | 278 | 4.1% | |
| -0.1 to 0.0 | 266 | 3.9% | |
| 0.0 to 0.1 | 265 | 3.9% | |
| 0.1 to 0.2 | 342 | 5.0% | |
| 0.2 to 0.3 | 342 | 5.0% | |
| 0.3 to 0.4 | 490 | 7.2% | |
| 0.4 to 0.5 | 490 | 7.2% | |
| 0.5 to 0.6 | 731 | 10.7% | |
| 0.6 to 0.7 | 730 | 10.7% | |
| 0.7 to 0.8 | 813 | 11.9% | |
| 0.8 to 0.9 | 813 | 11.9% | |
| 0.9 to 1.0 | 22 | 0.3% |
Frequently asked questions
What is the average correlation of HZO?
MarineMax, Inc. (HZO) has an average correlation of about 0.319 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is HZO positively correlated with other stocks?
Mostly yes — 74% of pairs are positive and 26% are negative. Strong positive correlations (≥0.7) make up 24.2%.
What is the most common correlation range for HZO?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 26% of all pairs.
Explore the full interactive correlation distribution for HZO.
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