ARKO Corp. Common Stock (ARKO) Correlation Distribution
Across 6,808 rolling correlation observations between ARKO Corp. Common Stock (ARKO) and other NASDAQ-listed stocks, 67.4% are positive and 32.6% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.177, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 8.8% and strong negative correlations (≤−0.7) for 8%.
- Total observations
- 6,808
- Mean correlation
- 0.177
- Most common range
- 0.5 to 0.6
- Positive pairs
- 67.4%
- Strong positive (≥0.7)
- 8.8%
- Sector
- Retail-Convenience Stores
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 273 | 4.0% | |
| -0.8 to -0.7 | 273 | 4.0% | |
| -0.7 to -0.6 | 309 | 4.5% | |
| -0.6 to -0.5 | 309 | 4.5% | |
| -0.5 to -0.4 | 229 | 3.4% | |
| -0.4 to -0.3 | 229 | 3.4% | |
| -0.3 to -0.2 | 187 | 2.7% | |
| -0.2 to -0.1 | 187 | 2.7% | |
| -0.1 to 0.0 | 224 | 3.3% | |
| 0.0 to 0.1 | 223 | 3.3% | |
| 0.1 to 0.2 | 286 | 4.2% | |
| 0.2 to 0.3 | 285 | 4.2% | |
| 0.3 to 0.4 | 608 | 8.9% | |
| 0.4 to 0.5 | 608 | 8.9% | |
| 0.5 to 0.6 | 989 | 14.5% | |
| 0.6 to 0.7 | 988 | 14.5% | |
| 0.7 to 0.8 | 301 | 4.4% | |
| 0.8 to 0.9 | 300 | 4.4% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of ARKO?
ARKO Corp. Common Stock (ARKO) has an average correlation of about 0.177 with other NASDAQ stocks, based on 6,808 pairwise observations.
Is ARKO positively correlated with other stocks?
Mostly yes — 67.4% of pairs are positive and 32.6% are negative. Strong positive correlations (≥0.7) make up 8.8%.
What is the most common correlation range for ARKO?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 20.4% of all pairs.
Explore the full interactive correlation distribution for ARKO.
Open interactive dashboard →