Imax Corp (IMAX) — Stock Correlations & Overview
Over the past year, IMAX has moved most closely with CNK, TKO, RSVR. Explore the stocks most correlated and inversely correlated with IMAX below, along with its price, financials, and company profile.
Stocks correlated with IMAX
Correlation of daily returns. Higher positive values move with IMAX; negative values move opposite it. Informational only, not investment advice.
Most correlated with IMAX
| Symbol | Company | Correlation |
|---|---|---|
| CNK | Cinemark Holdings, Inc.SERVICES-MOTION PICTURE THEATERS | 0.44 |
| TKO | TKO Group Holdings, Inc.SERVICES-AMUSEMENT & RECREATION SERVICES | 0.32 |
| RSVR | Reservoir Media, Inc. Common StockSERVICES-AMUSEMENT & RECREATION SERVICES | 0.30 |
| BIYA | Baiya International Group Inc Class A Ordinary Shares | 0.30 |
| RRGB | Red Robin Gourmet Burgers IncRETAIL-EATING PLACES | 0.24 |
Most inversely correlated with IMAX
| Symbol | Company | Correlation |
|---|---|---|
| GMM | Global Mofy AI Limited Class A Ordinary Shares | -0.23 |
| ERII | Energy Recovery, Inc.SPECIAL INDUSTRY MACHINERY, NEC | -0.19 |
| RISR | FolioBeyond Alternative Income and Interest Rate Hedge ETF | -0.18 |
| FAZ | Direxion Daily Financial Bear 3x ETF | -0.18 |
| NFXS | Direxion Shares ETF Trust Direxion Daily NFLX Bear 1X ETF | -0.17 |
Frequently asked questions about IMAX correlations
- Which stocks are most correlated with IMAX?
- Based on one year of daily returns, the stocks most correlated with Imax Corp (IMAX) are CNK (0.44), TKO (0.32) and RSVR (0.30). 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 IMAX?
- Over the past year, the stocks most inversely correlated with Imax Corp (IMAX) are GMM (-0.23), ERII (-0.19) and RISR (-0.18). 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 IMAX correlations calculated?
- We compute the correlation of daily returns between IMAX 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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