Everest Group, Ltd. (EG) Correlation Distribution
Across 5,931 rolling correlation observations between Everest Group, Ltd. (EG) and other NASDAQ-listed stocks, 46.8% are positive and 53.2% are negative. The most common correlation range is 0.1 to 0.2, and the average pairwise correlation is -0.034, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 0% and strong negative correlations (≤−0.7) for 0.1%.
- Total observations
- 5,931
- Mean correlation
- -0.034
- Most common range
- 0.1 to 0.2
- Positive pairs
- 46.8%
- Strong positive (≥0.7)
- 0%
- Sector
- Fire, Marine & Casualty Insurance
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 2 | 0.0% | |
| -0.8 to -0.7 | 1 | 0.0% | |
| -0.7 to -0.6 | 227 | 3.8% | |
| -0.6 to -0.5 | 227 | 3.8% | |
| -0.5 to -0.4 | 526 | 8.9% | |
| -0.4 to -0.3 | 525 | 8.9% | |
| -0.3 to -0.2 | 558 | 9.4% | |
| -0.2 to -0.1 | 558 | 9.4% | |
| -0.1 to 0.0 | 529 | 8.9% | |
| 0.0 to 0.1 | 529 | 8.9% | |
| 0.1 to 0.2 | 572 | 9.6% | |
| 0.2 to 0.3 | 572 | 9.6% | |
| 0.3 to 0.4 | 434 | 7.3% | |
| 0.4 to 0.5 | 434 | 7.3% | |
| 0.5 to 0.6 | 119 | 2.0% | |
| 0.6 to 0.7 | 118 | 2.0% | |
| 0.7 to 0.8 | 0 | 0.0% | |
| 0.8 to 0.9 | 0 | 0.0% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of EG?
Everest Group, Ltd. (EG) has an average correlation of about -0.034 with other NASDAQ stocks, based on 5,931 pairwise observations.
Is EG positively correlated with other stocks?
Not predominantly — 46.8% of pairs are positive and 53.2% are negative. Strong positive correlations (≥0.7) make up 0%.
What is the most common correlation range for EG?
The most common range is 0.1 to 0.2. Weak correlations (−0.3 to 0.3) account for 55.9% of all pairs.
Explore the full interactive correlation distribution for EG.
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