Equus Total Return, Inc. (EQS) Correlation Distribution
Across 6,792 rolling correlation observations between Equus Total Return, Inc. (EQS) and other NASDAQ-listed stocks, 70.1% are positive and 29.9% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.232, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 14.4% and strong negative correlations (≤−0.7) for 3%.
- Total observations
- 6,792
- Mean correlation
- 0.232
- Most common range
- 0.5 to 0.6
- Positive pairs
- 70.1%
- Strong positive (≥0.7)
- 14.4%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 2 | 0.0% | |
| -0.9 to -0.8 | 103 | 1.5% | |
| -0.8 to -0.7 | 102 | 1.5% | |
| -0.7 to -0.6 | 202 | 3.0% | |
| -0.6 to -0.5 | 201 | 3.0% | |
| -0.5 to -0.4 | 292 | 4.3% | |
| -0.4 to -0.3 | 292 | 4.3% | |
| -0.3 to -0.2 | 266 | 3.9% | |
| -0.2 to -0.1 | 265 | 3.9% | |
| -0.1 to 0.0 | 303 | 4.5% | |
| 0.0 to 0.1 | 302 | 4.4% | |
| 0.1 to 0.2 | 410 | 6.0% | |
| 0.2 to 0.3 | 410 | 6.0% | |
| 0.3 to 0.4 | 560 | 8.2% | |
| 0.4 to 0.5 | 559 | 8.2% | |
| 0.5 to 0.6 | 772 | 11.4% | |
| 0.6 to 0.7 | 771 | 11.4% | |
| 0.7 to 0.8 | 473 | 7.0% | |
| 0.8 to 0.9 | 473 | 7.0% | |
| 0.9 to 1.0 | 34 | 0.5% |
Frequently asked questions
What is the average correlation of EQS?
Equus Total Return, Inc. (EQS) has an average correlation of about 0.232 with other NASDAQ stocks, based on 6,792 pairwise observations.
Is EQS positively correlated with other stocks?
Mostly yes — 70.1% of pairs are positive and 29.9% are negative. Strong positive correlations (≥0.7) make up 14.4%.
What is the most common correlation range for EQS?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 28.8% of all pairs.
Explore the full interactive correlation distribution for EQS.
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