EGF (EGF) Correlation Distribution
Across 6,777 rolling correlation observations between EGF (EGF) and other NASDAQ-listed stocks, 67.1% are positive and 32.9% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.269, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 36.3% and strong negative correlations (≤−0.7) for 7.2%.
- Total observations
- 6,777
- Mean correlation
- 0.269
- Most common range
- 0.7 to 0.8
- Positive pairs
- 67.1%
- Strong positive (≥0.7)
- 36.3%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 39 | 0.6% | |
| -0.9 to -0.8 | 223 | 3.3% | |
| -0.8 to -0.7 | 223 | 3.3% | |
| -0.7 to -0.6 | 305 | 4.5% | |
| -0.6 to -0.5 | 304 | 4.5% | |
| -0.5 to -0.4 | 247 | 3.6% | |
| -0.4 to -0.3 | 246 | 3.6% | |
| -0.3 to -0.2 | 205 | 3.0% | |
| -0.2 to -0.1 | 205 | 3.0% | |
| -0.1 to 0.0 | 230 | 3.4% | |
| 0.0 to 0.1 | 229 | 3.4% | |
| 0.1 to 0.2 | 280 | 4.1% | |
| 0.2 to 0.3 | 279 | 4.1% | |
| 0.3 to 0.4 | 279 | 4.1% | |
| 0.4 to 0.5 | 279 | 4.1% | |
| 0.5 to 0.6 | 372 | 5.5% | |
| 0.6 to 0.7 | 371 | 5.5% | |
| 0.7 to 0.8 | 847 | 12.5% | |
| 0.8 to 0.9 | 847 | 12.5% | |
| 0.9 to 1.0 | 767 | 11.3% |
Frequently asked questions
What is the average correlation of EGF?
EGF (EGF) has an average correlation of about 0.269 with other NASDAQ stocks, based on 6,777 pairwise observations.
Is EGF positively correlated with other stocks?
Mostly yes — 67.1% of pairs are positive and 32.9% are negative. Strong positive correlations (≥0.7) make up 36.3%.
What is the most common correlation range for EGF?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 21.1% of all pairs.
Explore the full interactive correlation distribution for EGF.
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