DoubleVerify Holdings, Inc. (DV) Correlation Distribution
Across 6,806 rolling correlation observations between DoubleVerify Holdings, Inc. (DV) and other NASDAQ-listed stocks, 64.9% are positive and 35.1% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.114, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 1.7% and strong negative correlations (≤−0.7) for 0.8%.
- Total observations
- 6,806
- Mean correlation
- 0.114
- Most common range
- 0.3 to 0.4
- Positive pairs
- 64.9%
- Strong positive (≥0.7)
- 1.7%
- Sector
- Services-Computer Programming, Data Processing, Etc.
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 27 | 0.4% | |
| -0.8 to -0.7 | 27 | 0.4% | |
| -0.7 to -0.6 | 283 | 4.2% | |
| -0.6 to -0.5 | 283 | 4.2% | |
| -0.5 to -0.4 | 354 | 5.2% | |
| -0.4 to -0.3 | 354 | 5.2% | |
| -0.3 to -0.2 | 318 | 4.7% | |
| -0.2 to -0.1 | 318 | 4.7% | |
| -0.1 to 0.0 | 424 | 6.2% | |
| 0.0 to 0.1 | 423 | 6.2% | |
| 0.1 to 0.2 | 585 | 8.6% | |
| 0.2 to 0.3 | 584 | 8.6% | |
| 0.3 to 0.4 | 955 | 14.0% | |
| 0.4 to 0.5 | 954 | 14.0% | |
| 0.5 to 0.6 | 400 | 5.9% | |
| 0.6 to 0.7 | 400 | 5.9% | |
| 0.7 to 0.8 | 59 | 0.9% | |
| 0.8 to 0.9 | 58 | 0.9% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of DV?
DoubleVerify Holdings, Inc. (DV) has an average correlation of about 0.114 with other NASDAQ stocks, based on 6,806 pairwise observations.
Is DV positively correlated with other stocks?
Mostly yes — 64.9% of pairs are positive and 35.1% are negative. Strong positive correlations (≥0.7) make up 1.7%.
What is the most common correlation range for DV?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 39% of all pairs.
Explore the full interactive correlation distribution for DV.
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