Jakks Pacific Inc (JAKK) — Stock Correlations & Overview
Over the past year, JAKK has moved most closely with RMNI, DEEP, PSCD. Explore the stocks most correlated and inversely correlated with JAKK below, along with its price, financials, and company profile.
Stocks correlated with JAKK
Correlation of daily returns. Higher positive values move with JAKK; negative values move opposite it. Informational only, not investment advice.
Most correlated with JAKK
| Symbol | Company | Correlation |
|---|---|---|
| RMNI | Rimini Street, Inc. (DE) Common StockSERVICES-BUSINESS SERVICES, NEC | 0.57 |
| DEEP | Acquirers Small and Micro Deep Value ETF | 0.54 |
| PSCD | Invesco S&P SmallCap Consumer Discretionary ETFINVESTMENT ADVICE | 0.52 |
| FLQS | Franklin U.S. Small Cap Multifactor Index ETF | 0.52 |
| FYT | First Trust Small Cap Value AlphaDEX Fund | 0.51 |
Most inversely correlated with JAKK
| Symbol | Company | Correlation |
|---|---|---|
| SDD | ProShares UltraShort SmallCap600 | -0.46 |
| SBB | ProShares Short SmallCap600 | -0.46 |
| EMTY | ProShares Decline of the Retail Store ETF | -0.44 |
| FLYD | MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.42 |
| HDGE | AdvisorShares Ranger Equity Bear ETF | -0.42 |
Frequently asked questions about JAKK correlations
- Which stocks are most correlated with JAKK?
- Based on one year of daily returns, the stocks most correlated with Jakks Pacific Inc (JAKK) are RMNI (0.57), DEEP (0.54) and PSCD (0.52). 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 JAKK?
- Over the past year, the stocks most inversely correlated with Jakks Pacific Inc (JAKK) are SDD (-0.46), SBB (-0.46) and EMTY (-0.44). 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 JAKK correlations calculated?
- We compute the correlation of daily returns between JAKK 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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