BigCommerce Holdings, Inc. Series 1 Common Stock (BIGC) Correlation Distribution
Across 6,809 rolling correlation observations between BigCommerce Holdings, Inc. Series 1 Common Stock (BIGC) and other NASDAQ-listed stocks, 65.4% are positive and 34.6% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.253, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 35.4% and strong negative correlations (≤−0.7) for 7.8%.
- Total observations
- 6,809
- Mean correlation
- 0.253
- Most common range
- 0.7 to 0.8
- Positive pairs
- 65.4%
- Strong positive (≥0.7)
- 35.4%
- Sector
- Services-Prepackaged Software
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 29 | 0.4% | |
| -0.9 to -0.8 | 250 | 3.7% | |
| -0.8 to -0.7 | 249 | 3.7% | |
| -0.7 to -0.6 | 345 | 5.1% | |
| -0.6 to -0.5 | 345 | 5.1% | |
| -0.5 to -0.4 | 256 | 3.8% | |
| -0.4 to -0.3 | 255 | 3.7% | |
| -0.3 to -0.2 | 213 | 3.1% | |
| -0.2 to -0.1 | 213 | 3.1% | |
| -0.1 to 0.0 | 198 | 2.9% | |
| 0.0 to 0.1 | 197 | 2.9% | |
| 0.1 to 0.2 | 220 | 3.2% | |
| 0.2 to 0.3 | 219 | 3.2% | |
| 0.3 to 0.4 | 274 | 4.0% | |
| 0.4 to 0.5 | 274 | 4.0% | |
| 0.5 to 0.6 | 432 | 6.3% | |
| 0.6 to 0.7 | 431 | 6.3% | |
| 0.7 to 0.8 | 858 | 12.6% | |
| 0.8 to 0.9 | 858 | 12.6% | |
| 0.9 to 1.0 | 693 | 10.2% |
Frequently asked questions
What is the average correlation of BIGC?
BigCommerce Holdings, Inc. Series 1 Common Stock (BIGC) has an average correlation of about 0.253 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is BIGC positively correlated with other stocks?
Mostly yes — 65.4% of pairs are positive and 34.6% are negative. Strong positive correlations (≥0.7) make up 35.4%.
What is the most common correlation range for BIGC?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 18.5% of all pairs.
Explore the full interactive correlation distribution for BIGC.
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