Gaia, Inc. Class A Common Stock (GAIA) Correlation Distribution
Across 6,809 rolling correlation observations between Gaia, Inc. Class A Common Stock (GAIA) and other NASDAQ-listed stocks, 66.6% are positive and 33.4% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.274, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 32.9% and strong negative correlations (≤−0.7) for 3.4%.
- Total observations
- 6,809
- Mean correlation
- 0.274
- Most common range
- 0.7 to 0.8
- Positive pairs
- 66.6%
- Strong positive (≥0.7)
- 32.9%
- Sector
- Services-Motion Picture & Video Tape Production
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 5 | 0.1% | |
| -0.9 to -0.8 | 113 | 1.7% | |
| -0.8 to -0.7 | 113 | 1.7% | |
| -0.7 to -0.6 | 281 | 4.1% | |
| -0.6 to -0.5 | 280 | 4.1% | |
| -0.5 to -0.4 | 311 | 4.6% | |
| -0.4 to -0.3 | 310 | 4.6% | |
| -0.3 to -0.2 | 316 | 4.6% | |
| -0.2 to -0.1 | 315 | 4.6% | |
| -0.1 to 0.0 | 228 | 3.3% | |
| 0.0 to 0.1 | 228 | 3.3% | |
| 0.1 to 0.2 | 259 | 3.8% | |
| 0.2 to 0.3 | 258 | 3.8% | |
| 0.3 to 0.4 | 320 | 4.7% | |
| 0.4 to 0.5 | 320 | 4.7% | |
| 0.5 to 0.6 | 456 | 6.7% | |
| 0.6 to 0.7 | 456 | 6.7% | |
| 0.7 to 0.8 | 896 | 13.2% | |
| 0.8 to 0.9 | 895 | 13.1% | |
| 0.9 to 1.0 | 449 | 6.6% |
Frequently asked questions
What is the average correlation of GAIA?
Gaia, Inc. Class A Common Stock (GAIA) has an average correlation of about 0.274 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is GAIA positively correlated with other stocks?
Mostly yes — 66.6% of pairs are positive and 33.4% are negative. Strong positive correlations (≥0.7) make up 32.9%.
What is the most common correlation range for GAIA?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 23.6% of all pairs.
Explore the full interactive correlation distribution for GAIA.
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