BHG (BHG) Correlation Distribution
Across 6,488 rolling correlation observations between BHG (BHG) and other NASDAQ-listed stocks, 76.8% are positive and 23.2% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.407, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 43.9% and strong negative correlations (≤−0.7) for 3.9%.
- Total observations
- 6,488
- Mean correlation
- 0.407
- Most common range
- 0.7 to 0.8
- Positive pairs
- 76.8%
- Strong positive (≥0.7)
- 43.9%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 13 | 0.2% | |
| -0.9 to -0.8 | 120 | 1.8% | |
| -0.8 to -0.7 | 119 | 1.8% | |
| -0.7 to -0.6 | 205 | 3.2% | |
| -0.6 to -0.5 | 205 | 3.2% | |
| -0.5 to -0.4 | 177 | 2.7% | |
| -0.4 to -0.3 | 176 | 2.7% | |
| -0.3 to -0.2 | 167 | 2.6% | |
| -0.2 to -0.1 | 167 | 2.6% | |
| -0.1 to 0.0 | 154 | 2.4% | |
| 0.0 to 0.1 | 154 | 2.4% | |
| 0.1 to 0.2 | 211 | 3.3% | |
| 0.2 to 0.3 | 210 | 3.2% | |
| 0.3 to 0.4 | 293 | 4.5% | |
| 0.4 to 0.5 | 292 | 4.5% | |
| 0.5 to 0.6 | 489 | 7.5% | |
| 0.6 to 0.7 | 488 | 7.5% | |
| 0.7 to 0.8 | 1,041 | 16.0% | |
| 0.8 to 0.9 | 1,040 | 16.0% | |
| 0.9 to 1.0 | 767 | 11.8% |
Frequently asked questions
What is the average correlation of BHG?
BHG (BHG) has an average correlation of about 0.407 with other NASDAQ stocks, based on 6,488 pairwise observations.
Is BHG positively correlated with other stocks?
Mostly yes — 76.8% of pairs are positive and 23.2% are negative. Strong positive correlations (≥0.7) make up 43.9%.
What is the most common correlation range for BHG?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 16.4% of all pairs.
Explore the full interactive correlation distribution for BHG.
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