E-Home Household Service Holdings Limited Ordinary Shares (EJH) Correlation Distribution
Across 6,806 rolling correlation observations between E-Home Household Service Holdings Limited Ordinary Shares (EJH) and other NASDAQ-listed stocks, 72.2% are positive and 27.8% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.283, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 14.9% and strong negative correlations (≤−0.7) for 0.2%.
- Total observations
- 6,806
- Mean correlation
- 0.283
- Most common range
- 0.5 to 0.6
- Positive pairs
- 72.2%
- Strong positive (≥0.7)
- 14.9%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 7 | 0.1% | |
| -0.8 to -0.7 | 6 | 0.1% | |
| -0.7 to -0.6 | 101 | 1.5% | |
| -0.6 to -0.5 | 100 | 1.5% | |
| -0.5 to -0.4 | 252 | 3.7% | |
| -0.4 to -0.3 | 251 | 3.7% | |
| -0.3 to -0.2 | 417 | 6.1% | |
| -0.2 to -0.1 | 416 | 6.1% | |
| -0.1 to 0.0 | 340 | 5.0% | |
| 0.0 to 0.1 | 340 | 5.0% | |
| 0.1 to 0.2 | 393 | 5.8% | |
| 0.2 to 0.3 | 393 | 5.8% | |
| 0.3 to 0.4 | 597 | 8.8% | |
| 0.4 to 0.5 | 596 | 8.8% | |
| 0.5 to 0.6 | 791 | 11.6% | |
| 0.6 to 0.7 | 790 | 11.6% | |
| 0.7 to 0.8 | 413 | 6.1% | |
| 0.8 to 0.9 | 412 | 6.1% | |
| 0.9 to 1.0 | 191 | 2.8% |
Frequently asked questions
What is the average correlation of EJH?
E-Home Household Service Holdings Limited Ordinary Shares (EJH) has an average correlation of about 0.283 with other NASDAQ stocks, based on 6,806 pairwise observations.
Is EJH positively correlated with other stocks?
Mostly yes — 72.2% of pairs are positive and 27.8% are negative. Strong positive correlations (≥0.7) make up 14.9%.
What is the most common correlation range for EJH?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 33.8% of all pairs.
Explore the full interactive correlation distribution for EJH.
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