Newmark Group, Inc. Class A Common Stock (NMRK) Correlation Distribution
Across 6,809 rolling correlation observations between Newmark Group, Inc. Class A Common Stock (NMRK) and other NASDAQ-listed stocks, 75.2% are positive and 24.8% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.234, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 9.1% and strong negative correlations (≤−0.7) for 1.4%.
- Total observations
- 6,809
- Mean correlation
- 0.234
- Most common range
- 0.3 to 0.4
- Positive pairs
- 75.2%
- Strong positive (≥0.7)
- 9.1%
- Sector
- Real Estate Agents & Managers (For Others)
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 46 | 0.7% | |
| -0.8 to -0.7 | 45 | 0.7% | |
| -0.7 to -0.6 | 94 | 1.4% | |
| -0.6 to -0.5 | 94 | 1.4% | |
| -0.5 to -0.4 | 163 | 2.4% | |
| -0.4 to -0.3 | 163 | 2.4% | |
| -0.3 to -0.2 | 298 | 4.4% | |
| -0.2 to -0.1 | 297 | 4.4% | |
| -0.1 to 0.0 | 489 | 7.2% | |
| 0.0 to 0.1 | 489 | 7.2% | |
| 0.1 to 0.2 | 717 | 10.5% | |
| 0.2 to 0.3 | 716 | 10.5% | |
| 0.3 to 0.4 | 761 | 11.2% | |
| 0.4 to 0.5 | 760 | 11.2% | |
| 0.5 to 0.6 | 530 | 7.8% | |
| 0.6 to 0.7 | 529 | 7.8% | |
| 0.7 to 0.8 | 294 | 4.3% | |
| 0.8 to 0.9 | 293 | 4.3% | |
| 0.9 to 1.0 | 30 | 0.4% |
Frequently asked questions
What is the average correlation of NMRK?
Newmark Group, Inc. Class A Common Stock (NMRK) has an average correlation of about 0.234 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is NMRK positively correlated with other stocks?
Mostly yes — 75.2% of pairs are positive and 24.8% are negative. Strong positive correlations (≥0.7) make up 9.1%.
What is the most common correlation range for NMRK?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 44.1% of all pairs.
Explore the full interactive correlation distribution for NMRK.
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