Emergent Biosolutions, Inc. (EBS) Correlation Distribution
Across 6,809 rolling correlation observations between Emergent Biosolutions, Inc. (EBS) and other NASDAQ-listed stocks, 64% are positive and 36% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.223, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 33.1% and strong negative correlations (≤−0.7) for 9.4%.
- Total observations
- 6,809
- Mean correlation
- 0.223
- Most common range
- 0.7 to 0.8
- Positive pairs
- 64%
- Strong positive (≥0.7)
- 33.1%
- Sector
- Pharmaceutical Preparations
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 35 | 0.5% | |
| -0.9 to -0.8 | 302 | 4.4% | |
| -0.8 to -0.7 | 301 | 4.4% | |
| -0.7 to -0.6 | 319 | 4.7% | |
| -0.6 to -0.5 | 318 | 4.7% | |
| -0.5 to -0.4 | 251 | 3.7% | |
| -0.4 to -0.3 | 250 | 3.7% | |
| -0.3 to -0.2 | 223 | 3.3% | |
| -0.2 to -0.1 | 222 | 3.3% | |
| -0.1 to 0.0 | 227 | 3.3% | |
| 0.0 to 0.1 | 227 | 3.3% | |
| 0.1 to 0.2 | 248 | 3.6% | |
| 0.2 to 0.3 | 247 | 3.6% | |
| 0.3 to 0.4 | 270 | 4.0% | |
| 0.4 to 0.5 | 269 | 4.0% | |
| 0.5 to 0.6 | 423 | 6.2% | |
| 0.6 to 0.7 | 423 | 6.2% | |
| 0.7 to 0.8 | 856 | 12.6% | |
| 0.8 to 0.9 | 856 | 12.6% | |
| 0.9 to 1.0 | 542 | 8.0% |
Frequently asked questions
What is the average correlation of EBS?
Emergent Biosolutions, Inc. (EBS) has an average correlation of about 0.223 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is EBS positively correlated with other stocks?
Mostly yes — 64% of pairs are positive and 36% are negative. Strong positive correlations (≥0.7) make up 33.1%.
What is the most common correlation range for EBS?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 20.5% of all pairs.
Explore the full interactive correlation distribution for EBS.
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