BGC Group, Inc. Class A Common Stock (BGC) Correlation Distribution
Across 5,942 rolling correlation observations between BGC Group, Inc. Class A Common Stock (BGC) and other NASDAQ-listed stocks, 55.5% are positive and 44.5% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.069, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 23.9% and strong negative correlations (≤−0.7) for 18.9%.
- Total observations
- 5,942
- Mean correlation
- 0.069
- Most common range
- 0.7 to 0.8
- Positive pairs
- 55.5%
- Strong positive (≥0.7)
- 23.9%
- Sector
- Security & Commodity Brokers, Dealers, Exchanges & Services
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 165 | 2.8% | |
| -0.9 to -0.8 | 480 | 8.1% | |
| -0.8 to -0.7 | 480 | 8.1% | |
| -0.7 to -0.6 | 278 | 4.7% | |
| -0.6 to -0.5 | 278 | 4.7% | |
| -0.5 to -0.4 | 202 | 3.4% | |
| -0.4 to -0.3 | 202 | 3.4% | |
| -0.3 to -0.2 | 180 | 3.0% | |
| -0.2 to -0.1 | 180 | 3.0% | |
| -0.1 to 0.0 | 199 | 3.3% | |
| 0.0 to 0.1 | 199 | 3.3% | |
| 0.1 to 0.2 | 199 | 3.3% | |
| 0.2 to 0.3 | 199 | 3.3% | |
| 0.3 to 0.4 | 258 | 4.3% | |
| 0.4 to 0.5 | 258 | 4.3% | |
| 0.5 to 0.6 | 382 | 6.4% | |
| 0.6 to 0.7 | 381 | 6.4% | |
| 0.7 to 0.8 | 642 | 10.8% | |
| 0.8 to 0.9 | 642 | 10.8% | |
| 0.9 to 1.0 | 138 | 2.3% |
Frequently asked questions
What is the average correlation of BGC?
BGC Group, Inc. Class A Common Stock (BGC) has an average correlation of about 0.069 with other NASDAQ stocks, based on 5,942 pairwise observations.
Is BGC positively correlated with other stocks?
Mostly yes — 55.5% of pairs are positive and 44.5% are negative. Strong positive correlations (≥0.7) make up 23.9%.
What is the most common correlation range for BGC?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 19.5% of all pairs.
Explore the full interactive correlation distribution for BGC.
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