GEHI (GEHI) Correlation Distribution
Across 5,816 rolling correlation observations between GEHI (GEHI) and other NASDAQ-listed stocks, 34.2% are positive and 65.8% are negative. The most common correlation range is -0.9 to -0.8, and the average pairwise correlation is -0.218, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 5.4% and strong negative correlations (≤−0.7) for 23.7%.
- Total observations
- 5,816
- Mean correlation
- -0.218
- Most common range
- -0.9 to -0.8
- Positive pairs
- 34.2%
- Strong positive (≥0.7)
- 5.4%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 14 | 0.2% | |
| -0.9 to -0.8 | 682 | 11.7% | |
| -0.8 to -0.7 | 681 | 11.7% | |
| -0.7 to -0.6 | 576 | 9.9% | |
| -0.6 to -0.5 | 576 | 9.9% | |
| -0.5 to -0.4 | 319 | 5.5% | |
| -0.4 to -0.3 | 318 | 5.5% | |
| -0.3 to -0.2 | 234 | 4.0% | |
| -0.2 to -0.1 | 234 | 4.0% | |
| -0.1 to 0.0 | 193 | 3.3% | |
| 0.0 to 0.1 | 192 | 3.3% | |
| 0.1 to 0.2 | 212 | 3.6% | |
| 0.2 to 0.3 | 211 | 3.6% | |
| 0.3 to 0.4 | 240 | 4.1% | |
| 0.4 to 0.5 | 240 | 4.1% | |
| 0.5 to 0.6 | 290 | 5.0% | |
| 0.6 to 0.7 | 290 | 5.0% | |
| 0.7 to 0.8 | 157 | 2.7% | |
| 0.8 to 0.9 | 156 | 2.7% | |
| 0.9 to 1.0 | 1 | 0.0% |
Frequently asked questions
What is the average correlation of GEHI?
GEHI (GEHI) has an average correlation of about -0.218 with other NASDAQ stocks, based on 5,816 pairwise observations.
Is GEHI positively correlated with other stocks?
Not predominantly — 34.2% of pairs are positive and 65.8% are negative. Strong positive correlations (≥0.7) make up 5.4%.
What is the most common correlation range for GEHI?
The most common range is -0.9 to -0.8. Weak correlations (−0.3 to 0.3) account for 21.9% of all pairs.
Explore the full interactive correlation distribution for GEHI.
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