DallasNews Corporation Series A Common Stock (DALN) Correlation Distribution
Across 6,805 rolling correlation observations between DallasNews Corporation Series A Common Stock (DALN) and other NASDAQ-listed stocks, 71.3% are positive and 28.7% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.277, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 16.7% and strong negative correlations (≤−0.7) for 2.4%.
- Total observations
- 6,805
- Mean correlation
- 0.277
- Most common range
- 0.5 to 0.6
- Positive pairs
- 71.3%
- Strong positive (≥0.7)
- 16.7%
- Sector
- Newspapers: Publishing Or Publishing & Printing
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 83 | 1.2% | |
| -0.8 to -0.7 | 82 | 1.2% | |
| -0.7 to -0.6 | 158 | 2.3% | |
| -0.6 to -0.5 | 158 | 2.3% | |
| -0.5 to -0.4 | 287 | 4.2% | |
| -0.4 to -0.3 | 287 | 4.2% | |
| -0.3 to -0.2 | 315 | 4.6% | |
| -0.2 to -0.1 | 314 | 4.6% | |
| -0.1 to 0.0 | 266 | 3.9% | |
| 0.0 to 0.1 | 265 | 3.9% | |
| 0.1 to 0.2 | 303 | 4.5% | |
| 0.2 to 0.3 | 302 | 4.4% | |
| 0.3 to 0.4 | 440 | 6.5% | |
| 0.4 to 0.5 | 440 | 6.5% | |
| 0.5 to 0.6 | 984 | 14.5% | |
| 0.6 to 0.7 | 983 | 14.4% | |
| 0.7 to 0.8 | 563 | 8.3% | |
| 0.8 to 0.9 | 563 | 8.3% | |
| 0.9 to 1.0 | 12 | 0.2% |
Frequently asked questions
What is the average correlation of DALN?
DallasNews Corporation Series A Common Stock (DALN) has an average correlation of about 0.277 with other NASDAQ stocks, based on 6,805 pairwise observations.
Is DALN positively correlated with other stocks?
Mostly yes — 71.3% of pairs are positive and 28.7% are negative. Strong positive correlations (≥0.7) make up 16.7%.
What is the most common correlation range for DALN?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 25.9% of all pairs.
Explore the full interactive correlation distribution for DALN.
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