Hawkins Inc (HWKN) — Stock Correlations & Overview
Over the past year, HWKN has moved most closely with PSCM, PYZ, EXP. Explore the stocks most correlated and inversely correlated with HWKN below, along with its price, financials, and company profile.
Stocks correlated with HWKN
Correlation of daily returns. Higher positive values move with HWKN; negative values move opposite it. Informational only, not investment advice.
Most correlated with HWKN
| Symbol | Company | Correlation |
|---|---|---|
| PSCM | Invesco S&P SmallCap Materials ETFINVESTMENT ADVICE | 0.49 |
| PYZ | Invesco Exchange-Traded Fund Trust Invesco Dorsey Wright Basic Materials Momentum ETF | 0.47 |
| EXP | Eagle Materials, Inc.CEMENT, HYDRAULIC | 0.46 |
| FMAT | Fidelity MSCI Materials Index ETF | 0.46 |
| VAW | Vanguard Materials ETF | 0.46 |
Frequently asked questions about HWKN correlations
- Which stocks are most correlated with HWKN?
- Based on one year of daily returns, the stocks most correlated with Hawkins Inc (HWKN) are PSCM (0.49), PYZ (0.47) and EXP (0.46). 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 HWKN?
- Over the past year, the stocks most inversely correlated with Hawkins Inc (HWKN) are SMN (-0.43), SBB (-0.41) and SDD (-0.40). 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 HWKN correlations calculated?
- We compute the correlation of daily returns between HWKN 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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