DigitalBridge Group, Inc. (DBRG) Correlation Distribution
Across 6,806 rolling correlation observations between DigitalBridge Group, Inc. (DBRG) and other NASDAQ-listed stocks, 70.2% are positive and 29.8% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.305, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 34% and strong negative correlations (≤−0.7) for 1.4%.
- Total observations
- 6,806
- Mean correlation
- 0.305
- Most common range
- 0.7 to 0.8
- Positive pairs
- 70.2%
- Strong positive (≥0.7)
- 34%
- Sector
- Investment Advice
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 49 | 0.7% | |
| -0.8 to -0.7 | 48 | 0.7% | |
| -0.7 to -0.6 | 304 | 4.5% | |
| -0.6 to -0.5 | 303 | 4.5% | |
| -0.5 to -0.4 | 315 | 4.6% | |
| -0.4 to -0.3 | 315 | 4.6% | |
| -0.3 to -0.2 | 233 | 3.4% | |
| -0.2 to -0.1 | 233 | 3.4% | |
| -0.1 to 0.0 | 229 | 3.4% | |
| 0.0 to 0.1 | 228 | 3.3% | |
| 0.1 to 0.2 | 264 | 3.9% | |
| 0.2 to 0.3 | 264 | 3.9% | |
| 0.3 to 0.4 | 307 | 4.5% | |
| 0.4 to 0.5 | 306 | 4.5% | |
| 0.5 to 0.6 | 548 | 8.1% | |
| 0.6 to 0.7 | 547 | 8.0% | |
| 0.7 to 0.8 | 1,124 | 16.5% | |
| 0.8 to 0.9 | 1,123 | 16.5% | |
| 0.9 to 1.0 | 65 | 1.0% |
Frequently asked questions
What is the average correlation of DBRG?
DigitalBridge Group, Inc. (DBRG) has an average correlation of about 0.305 with other NASDAQ stocks, based on 6,806 pairwise observations.
Is DBRG positively correlated with other stocks?
Mostly yes — 70.2% of pairs are positive and 29.8% are negative. Strong positive correlations (≥0.7) make up 34%.
What is the most common correlation range for DBRG?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 21.3% of all pairs.
Explore the full interactive correlation distribution for DBRG.
Open interactive dashboard →