General Dynamics Corporation (GD) Correlation Distribution
Across 6,809 rolling correlation observations between General Dynamics Corporation (GD) and other NASDAQ-listed stocks, 38.5% are positive and 61.5% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.133, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 13% and strong negative correlations (≤−0.7) for 18.8%.
- Total observations
- 6,809
- Mean correlation
- -0.133
- Most common range
- -0.7 to -0.6
- Positive pairs
- 38.5%
- Strong positive (≥0.7)
- 13%
- Sector
- Ship & Boat Building & Repairing
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 8 | 0.1% | |
| -0.9 to -0.8 | 637 | 9.4% | |
| -0.8 to -0.7 | 637 | 9.4% | |
| -0.7 to -0.6 | 673 | 9.9% | |
| -0.6 to -0.5 | 672 | 9.9% | |
| -0.5 to -0.4 | 405 | 5.9% | |
| -0.4 to -0.3 | 404 | 5.9% | |
| -0.3 to -0.2 | 261 | 3.8% | |
| -0.2 to -0.1 | 260 | 3.8% | |
| -0.1 to 0.0 | 231 | 3.4% | |
| 0.0 to 0.1 | 231 | 3.4% | |
| 0.1 to 0.2 | 226 | 3.3% | |
| 0.2 to 0.3 | 226 | 3.3% | |
| 0.3 to 0.4 | 215 | 3.2% | |
| 0.4 to 0.5 | 215 | 3.2% | |
| 0.5 to 0.6 | 310 | 4.6% | |
| 0.6 to 0.7 | 310 | 4.6% | |
| 0.7 to 0.8 | 415 | 6.1% | |
| 0.8 to 0.9 | 414 | 6.1% | |
| 0.9 to 1.0 | 59 | 0.9% |
Frequently asked questions
What is the average correlation of GD?
General Dynamics Corporation (GD) has an average correlation of about -0.133 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is GD positively correlated with other stocks?
Not predominantly — 38.5% of pairs are positive and 61.5% are negative. Strong positive correlations (≥0.7) make up 13%.
What is the most common correlation range for GD?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 21.1% of all pairs.
Explore the full interactive correlation distribution for GD.
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