Cinemark Holdings, Inc. (CNK) — Stock Correlations & Overview
Over the past year, CNK has moved most closely with MCS, IMAX, AMC. Explore the stocks most correlated and inversely correlated with CNK below, along with its price, financials, and company profile.
Stocks correlated with CNK
Correlation of daily returns. Higher positive values move with CNK; negative values move opposite it. Informational only, not investment advice.
Most correlated with CNK
| Symbol | Company | Correlation |
|---|---|---|
| MCS | The Marcus CorporationSERVICES-MOTION PICTURE THEATERS | 0.57 |
| IMAX | Imax CorpPHOTOGRAPHIC EQUIPMENT & SUPPLIES | 0.44 |
| AMC | AMC ENTERTAINMENT HOLDINGS, INC.SERVICES-MOTION PICTURE THEATERS | 0.41 |
| EVNT | AltShares Event-Driven ETF | 0.30 |
| PEJ | Invesco Leisure and Entertainment ETF | 0.29 |
Most inversely correlated with CNK
| Symbol | Company | Correlation |
|---|---|---|
| GURE | Gulf Resources, Inc. (NV) Common StockCHEMICALS & ALLIED PRODUCTS | -0.23 |
| NFXS | Direxion Shares ETF Trust Direxion Daily NFLX Bear 1X ETF | -0.22 |
| BZQ | ProShares UltraShort MSCI Brazil Capped | -0.20 |
| SBB | ProShares Short SmallCap600 | -0.20 |
| CAPR | Capricor Therapeutics IncPHARMACEUTICAL PREPARATIONS | -0.20 |
Frequently asked questions about CNK correlations
- Which stocks are most correlated with CNK?
- Based on one year of daily returns, the stocks most correlated with Cinemark Holdings, Inc. (CNK) are MCS (0.57), IMAX (0.44) and AMC (0.41). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with CNK?
- Over the past year, the stocks most inversely correlated with Cinemark Holdings, Inc. (CNK) are GURE (-0.23), NFXS (-0.22) and BZQ (-0.20). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these CNK correlations calculated?
- We compute the correlation of daily returns between CNK and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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