Dollar General Corp. (DG) Correlation Distribution
Across 6,809 rolling correlation observations between Dollar General Corp. (DG) and other NASDAQ-listed stocks, 63.1% are positive and 36.9% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.1, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 8.7% and strong negative correlations (≤−0.7) for 11.5%.
- Total observations
- 6,809
- Mean correlation
- 0.1
- Most common range
- 0.3 to 0.4
- Positive pairs
- 63.1%
- Strong positive (≥0.7)
- 8.7%
- Sector
- Retail-Variety Stores
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 44 | 0.6% | |
| -0.9 to -0.8 | 370 | 5.4% | |
| -0.8 to -0.7 | 369 | 5.4% | |
| -0.7 to -0.6 | 282 | 4.1% | |
| -0.6 to -0.5 | 281 | 4.1% | |
| -0.5 to -0.4 | 221 | 3.2% | |
| -0.4 to -0.3 | 221 | 3.2% | |
| -0.3 to -0.2 | 238 | 3.5% | |
| -0.2 to -0.1 | 238 | 3.5% | |
| -0.1 to 0.0 | 248 | 3.6% | |
| 0.0 to 0.1 | 247 | 3.6% | |
| 0.1 to 0.2 | 417 | 6.1% | |
| 0.2 to 0.3 | 417 | 6.1% | |
| 0.3 to 0.4 | 732 | 10.8% | |
| 0.4 to 0.5 | 731 | 10.7% | |
| 0.5 to 0.6 | 581 | 8.5% | |
| 0.6 to 0.7 | 581 | 8.5% | |
| 0.7 to 0.8 | 288 | 4.2% | |
| 0.8 to 0.9 | 288 | 4.2% | |
| 0.9 to 1.0 | 15 | 0.2% |
Frequently asked questions
What is the average correlation of DG?
Dollar General Corp. (DG) has an average correlation of about 0.1 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is DG positively correlated with other stocks?
Mostly yes — 63.1% of pairs are positive and 36.9% are negative. Strong positive correlations (≥0.7) make up 8.7%.
What is the most common correlation range for DG?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 26.5% of all pairs.
Explore the full interactive correlation distribution for DG.
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