Imax Corp Correlations

IMAX Stock

USD 37.80 0.06 0.16%

The current 90-days correlation between Imax Corp and Lionsgate Studios Holding is 0.23 (i.e., Modest diversification). The correlation of Imax Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Imax Corp Correlation With Market

Good diversification

The correlation between Imax Corp and DJI is -0.09 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Imax Corp and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Imax Stock

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Imax Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

For more information on how to buy Imax Stock please use our How to Invest in Imax Corp guide.

Moving together with Imax Stock

0.72

IMA

IMAX Earnings Call This Week

Pair Corr

Moving against Imax Stock

0.56	DLPN	Dolphin Entertainment	Pair Corr
0.52	ZH	Zhihu Inc ADR	Pair Corr
0.47	WA4	Warner Music Group	Pair Corr
0.43	IQ	iQIYI Inc Earnings Call This Week	Pair Corr
0.45	6XK	IMMOTION GRP LS	Pair Corr
0.39	WMG	Warner Music Group	Pair Corr
0.39	GTNA	Gray Television Earnings Call Tomorrow	Pair Corr

Related Correlations Analysis

	LION	MSGE	CMPR	IAS	NN	AMC	IRDM	IQ	WLY
LION		0.79	0.65	0.34	0.56	-0.82	0.59	-0.46	-0.71	LION
MSGE	0.79		0.77	0.31	0.44	-0.85	0.91	-0.47	-0.73	MSGE
CMPR	0.65	0.77		0.29	0.33	-0.53	0.66	-0.23	-0.45	CMPR
IAS	0.34	0.31	0.29		0.27	-0.38	0.27	-0.31	-0.39	IAS
NN	0.56	0.44	0.33	0.27		-0.39	0.37	-0.69	-0.61	NN
AMC	-0.82	-0.85	-0.53	-0.38	-0.39		-0.76	0.57	0.8	AMC
IRDM	0.59	0.91	0.66	0.27	0.37	-0.76		-0.41	-0.61	IRDM
IQ	-0.46	-0.47	-0.23	-0.31	-0.69	0.57	-0.41		0.68	IQ
WLY	-0.71	-0.73	-0.45	-0.39	-0.61	0.8	-0.61	0.68		WLY
	LION	MSGE	CMPR	IAS	NN	AMC	IRDM	IQ	WLY

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

IRDM	+ 0.91	MSGE
WLY	+ 0.8	AMC
MSGE	+ 0.79	LION
CMPR	+ 0.77	MSGE
WLY	+ 0.68	IQ
IRDM	+ 0.66	CMPR

High negative correlations

AMC	- 0.85	MSGE
AMC	- 0.82	LION
IRDM	- 0.76	AMC
WLY	- 0.73	MSGE
WLY	- 0.71	LION
IQ	- 0.69	NN

Risk-Adjusted Indicators

There is a big difference between Imax Stock performing well and Imax Corp Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Imax Corp's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
LION	2.05	0.39	0.13	0.98	2.65	(2.46)	4.61	(3.59)	19.64
MSGE	1.47	0.42	0.23	0.85	1.34	(1.60)	3.87	(2.58)	8.83
CMPR	1.94	0.16	0.08	0.20	1.91	(2.28)	4.88	(3.22)	11.52
IAS	0.63	0.35	1.18	(0.42)	0.00	(0.99)	0.39	(0.29)	21.04
NN	3.03	0.40	0.11	0.21	3.77	(3.81)	8.36	(3.87)	30.05
AMC	2.88	(1.05)	0.00	(0.46)	0.00	0.00	6.28	(5.70)	22.56
IRDM	2.42	0.53	0.20	0.82	2.27	(3.09)	6.16	(4.69)	20.17
IQ	2.09	(0.34)	0.00	(0.70)	0.00	0.00	4.69	(4.33)	11.52
WLY	1.71	(0.35)	0.00	(0.25)	0.00	0.00	2.97	(4.17)	12.41

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC