MarineMax, Inc. (HZO) — Stock Correlations & Overview
Over the past year, HZO has moved most closely with VREX, BWMN, JWEL. Explore the stocks most correlated and inversely correlated with HZO below, along with its price, financials, and company profile.
Stocks correlated with HZO
Correlation of daily returns. Higher positive values move with HZO; negative values move opposite it. Informational only, not investment advice.
Most correlated with HZO
| Symbol | Company | Correlation |
|---|---|---|
| VREX | Varex Imaging Corporation Common StockELECTRONIC COMPONENTS, NEC | 0.62 |
| BWMN | Bowman Consulting Group Ltd. Common StockSERVICES-MANAGEMENT CONSULTING SERVICES | 0.60 |
| JWEL | Jowell Global Ltd. Ordinary Shares | 0.55 |
| SCKT | Socket Mobile, Inc. NewELECTRONIC COMPUTERS | 0.52 |
| XSVM | Invesco S&P SmallCap Value with Momentum ETF | 0.47 |
Most inversely correlated with HZO
| Symbol | Company | Correlation |
|---|---|---|
| SION | Sionna Therapeutics, Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.55 |
| TENX | Tenax Therapeutics, Inc.PHARMACEUTICAL PREPARATIONS | -0.54 |
| SBB | ProShares Short SmallCap600 | -0.45 |
| SDD | ProShares UltraShort SmallCap600 | -0.44 |
| SMDD | ProShares UltraPro Short MidCap400 | -0.43 |
Frequently asked questions about HZO correlations
- Which stocks are most correlated with HZO?
- Based on one year of daily returns, the stocks most correlated with MarineMax, Inc. (HZO) are VREX (0.62), BWMN (0.60) and JWEL (0.55). 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 HZO?
- Over the past year, the stocks most inversely correlated with MarineMax, Inc. (HZO) are SION (-0.55), TENX (-0.54) and SBB (-0.45). 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 HZO correlations calculated?
- We compute the correlation of daily returns between HZO 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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