GRAHAM HOLDINGS COMPANY (GHC) Correlation Distribution
Across 6,809 rolling correlation observations between GRAHAM HOLDINGS COMPANY (GHC) and other NASDAQ-listed stocks, 43.9% are positive and 56.1% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is 0.004, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 15.9% and strong negative correlations (≤−0.7) for 3.4%.
- Total observations
- 6,809
- Mean correlation
- 0.004
- Most common range
- -0.5 to -0.4
- Positive pairs
- 43.9%
- Strong positive (≥0.7)
- 15.9%
- Sector
- Services-Educational Services
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 114 | 1.7% | |
| -0.8 to -0.7 | 114 | 1.7% | |
| -0.7 to -0.6 | 491 | 7.2% | |
| -0.6 to -0.5 | 491 | 7.2% | |
| -0.5 to -0.4 | 690 | 10.1% | |
| -0.4 to -0.3 | 689 | 10.1% | |
| -0.3 to -0.2 | 454 | 6.7% | |
| -0.2 to -0.1 | 454 | 6.7% | |
| -0.1 to 0.0 | 320 | 4.7% | |
| 0.0 to 0.1 | 320 | 4.7% | |
| 0.1 to 0.2 | 262 | 3.8% | |
| 0.2 to 0.3 | 262 | 3.8% | |
| 0.3 to 0.4 | 242 | 3.6% | |
| 0.4 to 0.5 | 241 | 3.5% | |
| 0.5 to 0.6 | 292 | 4.3% | |
| 0.6 to 0.7 | 291 | 4.3% | |
| 0.7 to 0.8 | 463 | 6.8% | |
| 0.8 to 0.9 | 462 | 6.8% | |
| 0.9 to 1.0 | 156 | 2.3% |
Frequently asked questions
What is the average correlation of GHC?
GRAHAM HOLDINGS COMPANY (GHC) has an average correlation of about 0.004 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is GHC positively correlated with other stocks?
Not predominantly — 43.9% of pairs are positive and 56.1% are negative. Strong positive correlations (≥0.7) make up 15.9%.
What is the most common correlation range for GHC?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 30.4% of all pairs.
Explore the full interactive correlation distribution for GHC.
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