DYNAGAS LNG PARNERS LP (DLNG) Correlation Distribution
Across 6,809 rolling correlation observations between DYNAGAS LNG PARNERS LP (DLNG) and other NASDAQ-listed stocks, 46.4% are positive and 53.6% are negative. The most common correlation range is -0.3 to -0.2, and the average pairwise correlation is 0.02, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 2.5% and strong negative correlations (≤−0.7) for 0.4%.
- Total observations
- 6,809
- Mean correlation
- 0.02
- Most common range
- -0.3 to -0.2
- Positive pairs
- 46.4%
- Strong positive (≥0.7)
- 2.5%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 15 | 0.2% | |
| -0.8 to -0.7 | 14 | 0.2% | |
| -0.7 to -0.6 | 139 | 2.0% | |
| -0.6 to -0.5 | 139 | 2.0% | |
| -0.5 to -0.4 | 623 | 9.1% | |
| -0.4 to -0.3 | 623 | 9.1% | |
| -0.3 to -0.2 | 792 | 11.6% | |
| -0.2 to -0.1 | 791 | 11.6% | |
| -0.1 to 0.0 | 517 | 7.6% | |
| 0.0 to 0.1 | 517 | 7.6% | |
| 0.1 to 0.2 | 399 | 5.9% | |
| 0.2 to 0.3 | 399 | 5.9% | |
| 0.3 to 0.4 | 396 | 5.8% | |
| 0.4 to 0.5 | 396 | 5.8% | |
| 0.5 to 0.6 | 441 | 6.5% | |
| 0.6 to 0.7 | 440 | 6.5% | |
| 0.7 to 0.8 | 84 | 1.2% | |
| 0.8 to 0.9 | 84 | 1.2% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of DLNG?
DYNAGAS LNG PARNERS LP (DLNG) has an average correlation of about 0.02 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is DLNG positively correlated with other stocks?
Not predominantly — 46.4% of pairs are positive and 53.6% are negative. Strong positive correlations (≥0.7) make up 2.5%.
What is the most common correlation range for DLNG?
The most common range is -0.3 to -0.2. Weak correlations (−0.3 to 0.3) account for 50.2% of all pairs.
Explore the full interactive correlation distribution for DLNG.
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