GENPACT LIMITED (G) Correlation Distribution
Across 6,809 rolling correlation observations between GENPACT LIMITED (G) and other NASDAQ-listed stocks, 73.5% are positive and 26.5% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.189, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 2.2% and strong negative correlations (≤−0.7) for 1.8%.
- Total observations
- 6,809
- Mean correlation
- 0.189
- Most common range
- 0.3 to 0.4
- Positive pairs
- 73.5%
- Strong positive (≥0.7)
- 2.2%
- Sector
- Services-Management Consulting Services
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 60 | 0.9% | |
| -0.8 to -0.7 | 60 | 0.9% | |
| -0.7 to -0.6 | 88 | 1.3% | |
| -0.6 to -0.5 | 87 | 1.3% | |
| -0.5 to -0.4 | 171 | 2.5% | |
| -0.4 to -0.3 | 170 | 2.5% | |
| -0.3 to -0.2 | 334 | 4.9% | |
| -0.2 to -0.1 | 333 | 4.9% | |
| -0.1 to 0.0 | 503 | 7.4% | |
| 0.0 to 0.1 | 503 | 7.4% | |
| 0.1 to 0.2 | 740 | 10.9% | |
| 0.2 to 0.3 | 739 | 10.9% | |
| 0.3 to 0.4 | 949 | 13.9% | |
| 0.4 to 0.5 | 948 | 13.9% | |
| 0.5 to 0.6 | 487 | 7.2% | |
| 0.6 to 0.7 | 486 | 7.1% | |
| 0.7 to 0.8 | 74 | 1.1% | |
| 0.8 to 0.9 | 74 | 1.1% | |
| 0.9 to 1.0 | 3 | 0.0% |
Frequently asked questions
What is the average correlation of G?
GENPACT LIMITED (G) has an average correlation of about 0.189 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is G positively correlated with other stocks?
Mostly yes — 73.5% of pairs are positive and 26.5% are negative. Strong positive correlations (≥0.7) make up 2.2%.
What is the most common correlation range for G?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 46.3% of all pairs.
Explore the full interactive correlation distribution for G.
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