B&G Foods, Inc. (BGS) Correlation Distribution
Across 6,809 rolling correlation observations between B&G Foods, Inc. (BGS) and other NASDAQ-listed stocks, 67.2% are positive and 32.8% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.264, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 37.8% and strong negative correlations (≤−0.7) for 10.7%.
- Total observations
- 6,809
- Mean correlation
- 0.264
- Most common range
- 0.7 to 0.8
- Positive pairs
- 67.2%
- Strong positive (≥0.7)
- 37.8%
- Sector
- Food And Kindred Products
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 27 | 0.4% | |
| -0.9 to -0.8 | 350 | 5.1% | |
| -0.8 to -0.7 | 350 | 5.1% | |
| -0.7 to -0.6 | 277 | 4.1% | |
| -0.6 to -0.5 | 277 | 4.1% | |
| -0.5 to -0.4 | 200 | 2.9% | |
| -0.4 to -0.3 | 200 | 2.9% | |
| -0.3 to -0.2 | 188 | 2.8% | |
| -0.2 to -0.1 | 187 | 2.7% | |
| -0.1 to 0.0 | 180 | 2.6% | |
| 0.0 to 0.1 | 179 | 2.6% | |
| 0.1 to 0.2 | 197 | 2.9% | |
| 0.2 to 0.3 | 197 | 2.9% | |
| 0.3 to 0.4 | 261 | 3.8% | |
| 0.4 to 0.5 | 261 | 3.8% | |
| 0.5 to 0.6 | 453 | 6.7% | |
| 0.6 to 0.7 | 453 | 6.7% | |
| 0.7 to 0.8 | 1,085 | 15.9% | |
| 0.8 to 0.9 | 1,084 | 15.9% | |
| 0.9 to 1.0 | 403 | 5.9% |
Frequently asked questions
What is the average correlation of BGS?
B&G Foods, Inc. (BGS) has an average correlation of about 0.264 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is BGS positively correlated with other stocks?
Mostly yes — 67.2% of pairs are positive and 32.8% are negative. Strong positive correlations (≥0.7) make up 37.8%.
What is the most common correlation range for BGS?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 16.6% of all pairs.
Explore the full interactive correlation distribution for BGS.
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