EGGF (EGGF) Correlation Distribution
Across 6,056 rolling correlation observations between EGGF (EGGF) and other NASDAQ-listed stocks, 25.4% are positive and 74.6% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.283, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 8.4% and strong negative correlations (≤−0.7) for 18.8%.
- Total observations
- 6,056
- Mean correlation
- -0.283
- Most common range
- -0.7 to -0.6
- Positive pairs
- 25.4%
- Strong positive (≥0.7)
- 8.4%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 17 | 0.3% | |
| -0.9 to -0.8 | 562 | 9.3% | |
| -0.8 to -0.7 | 562 | 9.3% | |
| -0.7 to -0.6 | 953 | 15.7% | |
| -0.6 to -0.5 | 952 | 15.7% | |
| -0.5 to -0.4 | 433 | 7.1% | |
| -0.4 to -0.3 | 432 | 7.1% | |
| -0.3 to -0.2 | 226 | 3.7% | |
| -0.2 to -0.1 | 225 | 3.7% | |
| -0.1 to 0.0 | 157 | 2.6% | |
| 0.0 to 0.1 | 157 | 2.6% | |
| 0.1 to 0.2 | 142 | 2.3% | |
| 0.2 to 0.3 | 141 | 2.3% | |
| 0.3 to 0.4 | 140 | 2.3% | |
| 0.4 to 0.5 | 139 | 2.3% | |
| 0.5 to 0.6 | 155 | 2.6% | |
| 0.6 to 0.7 | 155 | 2.6% | |
| 0.7 to 0.8 | 190 | 3.1% | |
| 0.8 to 0.9 | 190 | 3.1% | |
| 0.9 to 1.0 | 128 | 2.1% |
Frequently asked questions
What is the average correlation of EGGF?
EGGF (EGGF) has an average correlation of about -0.283 with other NASDAQ stocks, based on 6,056 pairwise observations.
Is EGGF positively correlated with other stocks?
Not predominantly — 25.4% of pairs are positive and 74.6% are negative. Strong positive correlations (≥0.7) make up 8.4%.
What is the most common correlation range for EGGF?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 17.3% of all pairs.
Explore the full interactive correlation distribution for EGGF.
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