EAGLE PHARMS INC (EGRX) Correlation Distribution
Across 6,808 rolling correlation observations between EAGLE PHARMS INC (EGRX) and other NASDAQ-listed stocks, 65.8% are positive and 34.2% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.207, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 27.2% and strong negative correlations (≤−0.7) for 13.4%.
- Total observations
- 6,808
- Mean correlation
- 0.207
- Most common range
- 0.7 to 0.8
- Positive pairs
- 65.8%
- Strong positive (≥0.7)
- 27.2%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 189 | 2.8% | |
| -0.9 to -0.8 | 361 | 5.3% | |
| -0.8 to -0.7 | 360 | 5.3% | |
| -0.7 to -0.6 | 246 | 3.6% | |
| -0.6 to -0.5 | 246 | 3.6% | |
| -0.5 to -0.4 | 189 | 2.8% | |
| -0.4 to -0.3 | 189 | 2.8% | |
| -0.3 to -0.2 | 176 | 2.6% | |
| -0.2 to -0.1 | 175 | 2.6% | |
| -0.1 to 0.0 | 197 | 2.9% | |
| 0.0 to 0.1 | 197 | 2.9% | |
| 0.1 to 0.2 | 204 | 3.0% | |
| 0.2 to 0.3 | 203 | 3.0% | |
| 0.3 to 0.4 | 311 | 4.6% | |
| 0.4 to 0.5 | 311 | 4.6% | |
| 0.5 to 0.6 | 702 | 10.3% | |
| 0.6 to 0.7 | 701 | 10.3% | |
| 0.7 to 0.8 | 832 | 12.2% | |
| 0.8 to 0.9 | 832 | 12.2% | |
| 0.9 to 1.0 | 187 | 2.7% |
Frequently asked questions
What is the average correlation of EGRX?
EAGLE PHARMS INC (EGRX) has an average correlation of about 0.207 with other NASDAQ stocks, based on 6,808 pairwise observations.
Is EGRX positively correlated with other stocks?
Mostly yes — 65.8% of pairs are positive and 34.2% are negative. Strong positive correlations (≥0.7) make up 27.2%.
What is the most common correlation range for EGRX?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 16.9% of all pairs.
Explore the full interactive correlation distribution for EGRX.
Open interactive dashboard →