Dutch Bros Inc. (BROS) Correlation Distribution
Across 6,804 rolling correlation observations between Dutch Bros Inc. (BROS) and other NASDAQ-listed stocks, 73.4% are positive and 26.6% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.223, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 9.8% and strong negative correlations (≤−0.7) for 0.9%.
- Total observations
- 6,804
- Mean correlation
- 0.223
- Most common range
- 0.3 to 0.4
- Positive pairs
- 73.4%
- Strong positive (≥0.7)
- 9.8%
- Sector
- Retail-Eating & Drinking Places
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 31 | 0.5% | |
| -0.8 to -0.7 | 30 | 0.4% | |
| -0.7 to -0.6 | 153 | 2.2% | |
| -0.6 to -0.5 | 152 | 2.2% | |
| -0.5 to -0.4 | 240 | 3.5% | |
| -0.4 to -0.3 | 240 | 3.5% | |
| -0.3 to -0.2 | 268 | 3.9% | |
| -0.2 to -0.1 | 267 | 3.9% | |
| -0.1 to 0.0 | 429 | 6.3% | |
| 0.0 to 0.1 | 428 | 6.3% | |
| 0.1 to 0.2 | 658 | 9.7% | |
| 0.2 to 0.3 | 657 | 9.7% | |
| 0.3 to 0.4 | 751 | 11.0% | |
| 0.4 to 0.5 | 751 | 11.0% | |
| 0.5 to 0.6 | 540 | 7.9% | |
| 0.6 to 0.7 | 539 | 7.9% | |
| 0.7 to 0.8 | 334 | 4.9% | |
| 0.8 to 0.9 | 333 | 4.9% | |
| 0.9 to 1.0 | 3 | 0.0% |
Frequently asked questions
What is the average correlation of BROS?
Dutch Bros Inc. (BROS) has an average correlation of about 0.223 with other NASDAQ stocks, based on 6,804 pairwise observations.
Is BROS positively correlated with other stocks?
Mostly yes — 73.4% of pairs are positive and 26.6% are negative. Strong positive correlations (≥0.7) make up 9.8%.
What is the most common correlation range for BROS?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 39.8% of all pairs.
Explore the full interactive correlation distribution for BROS.
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