Destination XL Group, Inc. Common Stock (DXLG) Correlation Distribution
Across 6,806 rolling correlation observations between Destination XL Group, Inc. Common Stock (DXLG) and other NASDAQ-listed stocks, 59.8% are positive and 40.2% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.111, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 6.5% and strong negative correlations (≤−0.7) for 2.5%.
- Total observations
- 6,806
- Mean correlation
- 0.111
- Most common range
- 0.3 to 0.4
- Positive pairs
- 59.8%
- Strong positive (≥0.7)
- 6.5%
- Sector
- Retail-Family Clothing Stores
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 14 | 0.2% | |
| -0.9 to -0.8 | 79 | 1.2% | |
| -0.8 to -0.7 | 79 | 1.2% | |
| -0.7 to -0.6 | 207 | 3.0% | |
| -0.6 to -0.5 | 206 | 3.0% | |
| -0.5 to -0.4 | 322 | 4.7% | |
| -0.4 to -0.3 | 322 | 4.7% | |
| -0.3 to -0.2 | 483 | 7.1% | |
| -0.2 to -0.1 | 482 | 7.1% | |
| -0.1 to 0.0 | 539 | 7.9% | |
| 0.0 to 0.1 | 539 | 7.9% | |
| 0.1 to 0.2 | 498 | 7.3% | |
| 0.2 to 0.3 | 498 | 7.3% | |
| 0.3 to 0.4 | 549 | 8.1% | |
| 0.4 to 0.5 | 549 | 8.1% | |
| 0.5 to 0.6 | 498 | 7.3% | |
| 0.6 to 0.7 | 498 | 7.3% | |
| 0.7 to 0.8 | 219 | 3.2% | |
| 0.8 to 0.9 | 218 | 3.2% | |
| 0.9 to 1.0 | 7 | 0.1% |
Frequently asked questions
What is the average correlation of DXLG?
Destination XL Group, Inc. Common Stock (DXLG) has an average correlation of about 0.111 with other NASDAQ stocks, based on 6,806 pairwise observations.
Is DXLG positively correlated with other stocks?
Mostly yes — 59.8% of pairs are positive and 40.2% are negative. Strong positive correlations (≥0.7) make up 6.5%.
What is the most common correlation range for DXLG?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 44.7% of all pairs.
Explore the full interactive correlation distribution for DXLG.
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