Travelzoo Common Stock (TZOO) Correlation Distribution
Across 6,809 rolling correlation observations between Travelzoo Common Stock (TZOO) and other NASDAQ-listed stocks, 70.8% are positive and 29.2% are negative. The most common correlation range is 0.1 to 0.2, and the average pairwise correlation is 0.187, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 6.6% and strong negative correlations (≤−0.7) for 0.5%.
- Total observations
- 6,809
- Mean correlation
- 0.187
- Most common range
- 0.1 to 0.2
- Positive pairs
- 70.8%
- Strong positive (≥0.7)
- 6.6%
- Sector
- Services-Advertising
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 18 | 0.3% | |
| -0.8 to -0.7 | 18 | 0.3% | |
| -0.7 to -0.6 | 128 | 1.9% | |
| -0.6 to -0.5 | 127 | 1.9% | |
| -0.5 to -0.4 | 224 | 3.3% | |
| -0.4 to -0.3 | 224 | 3.3% | |
| -0.3 to -0.2 | 347 | 5.1% | |
| -0.2 to -0.1 | 347 | 5.1% | |
| -0.1 to 0.0 | 552 | 8.1% | |
| 0.0 to 0.1 | 552 | 8.1% | |
| 0.1 to 0.2 | 783 | 11.5% | |
| 0.2 to 0.3 | 782 | 11.5% | |
| 0.3 to 0.4 | 637 | 9.4% | |
| 0.4 to 0.5 | 637 | 9.4% | |
| 0.5 to 0.6 | 493 | 7.2% | |
| 0.6 to 0.7 | 493 | 7.2% | |
| 0.7 to 0.8 | 222 | 3.3% | |
| 0.8 to 0.9 | 221 | 3.2% | |
| 0.9 to 1.0 | 4 | 0.1% |
Frequently asked questions
What is the average correlation of TZOO?
Travelzoo Common Stock (TZOO) has an average correlation of about 0.187 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is TZOO positively correlated with other stocks?
Mostly yes — 70.8% of pairs are positive and 29.2% are negative. Strong positive correlations (≥0.7) make up 6.6%.
What is the most common correlation range for TZOO?
The most common range is 0.1 to 0.2. Weak correlations (−0.3 to 0.3) account for 49.4% of all pairs.
Explore the full interactive correlation distribution for TZOO.
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