Encore Capital Group, Inc. (ECPG) Correlation Distribution
Across 6,809 rolling correlation observations between Encore Capital Group, Inc. (ECPG) and other NASDAQ-listed stocks, 57.5% are positive and 42.5% are negative. The most common correlation range is -0.1 to 0.0, and the average pairwise correlation is 0.079, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 3% and strong negative correlations (≤−0.7) for 0.8%.
- Total observations
- 6,809
- Mean correlation
- 0.079
- Most common range
- -0.1 to 0.0
- Positive pairs
- 57.5%
- Strong positive (≥0.7)
- 3%
- Sector
- Short-Term Business Credit Institutions
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 28 | 0.4% | |
| -0.8 to -0.7 | 28 | 0.4% | |
| -0.7 to -0.6 | 151 | 2.2% | |
| -0.6 to -0.5 | 150 | 2.2% | |
| -0.5 to -0.4 | 382 | 5.6% | |
| -0.4 to -0.3 | 382 | 5.6% | |
| -0.3 to -0.2 | 559 | 8.2% | |
| -0.2 to -0.1 | 559 | 8.2% | |
| -0.1 to 0.0 | 656 | 9.6% | |
| 0.0 to 0.1 | 656 | 9.6% | |
| 0.1 to 0.2 | 601 | 8.8% | |
| 0.2 to 0.3 | 600 | 8.8% | |
| 0.3 to 0.4 | 550 | 8.1% | |
| 0.4 to 0.5 | 549 | 8.1% | |
| 0.5 to 0.6 | 379 | 5.6% | |
| 0.6 to 0.7 | 378 | 5.6% | |
| 0.7 to 0.8 | 101 | 1.5% | |
| 0.8 to 0.9 | 100 | 1.5% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of ECPG?
Encore Capital Group, Inc. (ECPG) has an average correlation of about 0.079 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is ECPG positively correlated with other stocks?
Mostly yes — 57.5% of pairs are positive and 42.5% are negative. Strong positive correlations (≥0.7) make up 3%.
What is the most common correlation range for ECPG?
The most common range is -0.1 to 0.0. Weak correlations (−0.3 to 0.3) account for 53.3% of all pairs.
Explore the full interactive correlation distribution for ECPG.
Open interactive dashboard →