RE/MAX HOLDINGS, INC. (RMAX) Correlation Distribution
Across 6,809 rolling correlation observations between RE/MAX HOLDINGS, INC. (RMAX) and other NASDAQ-listed stocks, 66.5% are positive and 33.5% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.251, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 37.5% and strong negative correlations (≤−0.7) for 11.8%.
- Total observations
- 6,809
- Mean correlation
- 0.251
- Most common range
- 0.7 to 0.8
- Positive pairs
- 66.5%
- Strong positive (≥0.7)
- 37.5%
- Sector
- Real Estate Agents & Managers (For Others)
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 74 | 1.1% | |
| -0.9 to -0.8 | 364 | 5.3% | |
| -0.8 to -0.7 | 364 | 5.3% | |
| -0.7 to -0.6 | 256 | 3.8% | |
| -0.6 to -0.5 | 255 | 3.7% | |
| -0.5 to -0.4 | 201 | 3.0% | |
| -0.4 to -0.3 | 200 | 2.9% | |
| -0.3 to -0.2 | 187 | 2.7% | |
| -0.2 to -0.1 | 186 | 2.7% | |
| -0.1 to 0.0 | 195 | 2.9% | |
| 0.0 to 0.1 | 195 | 2.9% | |
| 0.1 to 0.2 | 195 | 2.9% | |
| 0.2 to 0.3 | 195 | 2.9% | |
| 0.3 to 0.4 | 257 | 3.8% | |
| 0.4 to 0.5 | 256 | 3.8% | |
| 0.5 to 0.6 | 438 | 6.4% | |
| 0.6 to 0.7 | 437 | 6.4% | |
| 0.7 to 0.8 | 1,095 | 16.1% | |
| 0.8 to 0.9 | 1,095 | 16.1% | |
| 0.9 to 1.0 | 364 | 5.3% |
Frequently asked questions
What is the average correlation of RMAX?
RE/MAX HOLDINGS, INC. (RMAX) has an average correlation of about 0.251 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is RMAX positively correlated with other stocks?
Mostly yes — 66.5% of pairs are positive and 33.5% are negative. Strong positive correlations (≥0.7) make up 37.5%.
What is the most common correlation range for RMAX?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 16.9% of all pairs.
Explore the full interactive correlation distribution for RMAX.
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