Mays (J.W.) Inc (MAYS) Correlation Distribution
Across 5,833 rolling correlation observations between Mays (J.W.) Inc (MAYS) and other NASDAQ-listed stocks, 36% are positive and 64% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.183, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 3.4% and strong negative correlations (≤−0.7) for 14.7%.
- Total observations
- 5,833
- Mean correlation
- -0.183
- Most common range
- -0.7 to -0.6
- Positive pairs
- 36%
- Strong positive (≥0.7)
- 3.4%
- Sector
- Operators Of Nonresidential Buildings
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 18 | 0.3% | |
| -0.9 to -0.8 | 421 | 7.2% | |
| -0.8 to -0.7 | 420 | 7.2% | |
| -0.7 to -0.6 | 596 | 10.2% | |
| -0.6 to -0.5 | 595 | 10.2% | |
| -0.5 to -0.4 | 405 | 6.9% | |
| -0.4 to -0.3 | 405 | 6.9% | |
| -0.3 to -0.2 | 305 | 5.2% | |
| -0.2 to -0.1 | 304 | 5.2% | |
| -0.1 to 0.0 | 266 | 4.6% | |
| 0.0 to 0.1 | 266 | 4.6% | |
| 0.1 to 0.2 | 302 | 5.2% | |
| 0.2 to 0.3 | 301 | 5.2% | |
| 0.3 to 0.4 | 288 | 4.9% | |
| 0.4 to 0.5 | 287 | 4.9% | |
| 0.5 to 0.6 | 229 | 3.9% | |
| 0.6 to 0.7 | 228 | 3.9% | |
| 0.7 to 0.8 | 97 | 1.7% | |
| 0.8 to 0.9 | 97 | 1.7% | |
| 0.9 to 1.0 | 3 | 0.1% |
Frequently asked questions
What is the average correlation of MAYS?
Mays (J.W.) Inc (MAYS) has an average correlation of about -0.183 with other NASDAQ stocks, based on 5,833 pairwise observations.
Is MAYS positively correlated with other stocks?
Not predominantly — 36% of pairs are positive and 64% are negative. Strong positive correlations (≥0.7) make up 3.4%.
What is the most common correlation range for MAYS?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 29.9% of all pairs.
Explore the full interactive correlation distribution for MAYS.
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