Guild Holdings Company (GHLD) Correlation Distribution
Across 6,806 rolling correlation observations between Guild Holdings Company (GHLD) and other NASDAQ-listed stocks, 71.1% are positive and 28.9% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.183, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 5% and strong negative correlations (≤−0.7) for 1.2%.
- Total observations
- 6,806
- Mean correlation
- 0.183
- Most common range
- 0.3 to 0.4
- Positive pairs
- 71.1%
- Strong positive (≥0.7)
- 5%
- Sector
- Mortgage Bankers & Loan Correspondents
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 42 | 0.6% | |
| -0.8 to -0.7 | 42 | 0.6% | |
| -0.7 to -0.6 | 157 | 2.3% | |
| -0.6 to -0.5 | 157 | 2.3% | |
| -0.5 to -0.4 | 228 | 3.3% | |
| -0.4 to -0.3 | 228 | 3.3% | |
| -0.3 to -0.2 | 317 | 4.7% | |
| -0.2 to -0.1 | 317 | 4.7% | |
| -0.1 to 0.0 | 482 | 7.1% | |
| 0.0 to 0.1 | 481 | 7.1% | |
| 0.1 to 0.2 | 691 | 10.2% | |
| 0.2 to 0.3 | 691 | 10.2% | |
| 0.3 to 0.4 | 794 | 11.7% | |
| 0.4 to 0.5 | 794 | 11.7% | |
| 0.5 to 0.6 | 523 | 7.7% | |
| 0.6 to 0.7 | 523 | 7.7% | |
| 0.7 to 0.8 | 170 | 2.5% | |
| 0.8 to 0.9 | 169 | 2.5% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of GHLD?
Guild Holdings Company (GHLD) has an average correlation of about 0.183 with other NASDAQ stocks, based on 6,806 pairwise observations.
Is GHLD positively correlated with other stocks?
Mostly yes — 71.1% of pairs are positive and 28.9% are negative. Strong positive correlations (≥0.7) make up 5%.
What is the most common correlation range for GHLD?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 43.8% of all pairs.
Explore the full interactive correlation distribution for GHLD.
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