Geron Corp (GERN) Correlation Distribution
Across 6,809 rolling correlation observations between Geron Corp (GERN) and other NASDAQ-listed stocks, 34.9% are positive and 65.1% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is -0.131, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 1.7% and strong negative correlations (≤−0.7) for 1%.
- Total observations
- 6,809
- Mean correlation
- -0.131
- Most common range
- -0.5 to -0.4
- Positive pairs
- 34.9%
- Strong positive (≥0.7)
- 1.7%
- Sector
- Pharmaceutical Preparations
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 35 | 0.5% | |
| -0.8 to -0.7 | 34 | 0.5% | |
| -0.7 to -0.6 | 670 | 9.8% | |
| -0.6 to -0.5 | 670 | 9.8% | |
| -0.5 to -0.4 | 912 | 13.4% | |
| -0.4 to -0.3 | 912 | 13.4% | |
| -0.3 to -0.2 | 430 | 6.3% | |
| -0.2 to -0.1 | 430 | 6.3% | |
| -0.1 to 0.0 | 337 | 4.9% | |
| 0.0 to 0.1 | 336 | 4.9% | |
| 0.1 to 0.2 | 298 | 4.4% | |
| 0.2 to 0.3 | 298 | 4.4% | |
| 0.3 to 0.4 | 355 | 5.2% | |
| 0.4 to 0.5 | 355 | 5.2% | |
| 0.5 to 0.6 | 311 | 4.6% | |
| 0.6 to 0.7 | 311 | 4.6% | |
| 0.7 to 0.8 | 58 | 0.9% | |
| 0.8 to 0.9 | 57 | 0.8% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of GERN?
Geron Corp (GERN) has an average correlation of about -0.131 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is GERN positively correlated with other stocks?
Not predominantly — 34.9% of pairs are positive and 65.1% are negative. Strong positive correlations (≥0.7) make up 1.7%.
What is the most common correlation range for GERN?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 31.3% of all pairs.
Explore the full interactive correlation distribution for GERN.
Open interactive dashboard →