Generation Income Properties Inc. Common Stock (GIPR) Correlation Distribution
Across 6,800 rolling correlation observations between Generation Income Properties Inc. Common Stock (GIPR) and other NASDAQ-listed stocks, 64.7% are positive and 35.3% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.19, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 25.8% and strong negative correlations (≤−0.7) for 13.6%.
- Total observations
- 6,800
- Mean correlation
- 0.19
- Most common range
- 0.7 to 0.8
- Positive pairs
- 64.7%
- Strong positive (≥0.7)
- 25.8%
- Sector
- Real Estate Investment Trusts
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 113 | 1.7% | |
| -0.9 to -0.8 | 406 | 6.0% | |
| -0.8 to -0.7 | 405 | 6.0% | |
| -0.7 to -0.6 | 257 | 3.8% | |
| -0.6 to -0.5 | 256 | 3.8% | |
| -0.5 to -0.4 | 195 | 2.9% | |
| -0.4 to -0.3 | 194 | 2.9% | |
| -0.3 to -0.2 | 199 | 2.9% | |
| -0.2 to -0.1 | 198 | 2.9% | |
| -0.1 to 0.0 | 179 | 2.6% | |
| 0.0 to 0.1 | 178 | 2.6% | |
| 0.1 to 0.2 | 215 | 3.2% | |
| 0.2 to 0.3 | 215 | 3.2% | |
| 0.3 to 0.4 | 344 | 5.1% | |
| 0.4 to 0.5 | 343 | 5.0% | |
| 0.5 to 0.6 | 676 | 9.9% | |
| 0.6 to 0.7 | 676 | 9.9% | |
| 0.7 to 0.8 | 824 | 12.1% | |
| 0.8 to 0.9 | 823 | 12.1% | |
| 0.9 to 1.0 | 104 | 1.5% |
Frequently asked questions
What is the average correlation of GIPR?
Generation Income Properties Inc. Common Stock (GIPR) has an average correlation of about 0.19 with other NASDAQ stocks, based on 6,800 pairwise observations.
Is GIPR positively correlated with other stocks?
Mostly yes — 64.7% of pairs are positive and 35.3% are negative. Strong positive correlations (≥0.7) make up 25.8%.
What is the most common correlation range for GIPR?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 17.4% of all pairs.
Explore the full interactive correlation distribution for GIPR.
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