Generation Income Properties Inc Warrant (GIPRW) Correlation Distribution
Across 6,094 rolling correlation observations between Generation Income Properties Inc Warrant (GIPRW) and other NASDAQ-listed stocks, 67.9% are positive and 32.1% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.178, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 3% and strong negative correlations (≤−0.7) for 2.3%.
- Total observations
- 6,094
- Mean correlation
- 0.178
- Most common range
- 0.5 to 0.6
- Positive pairs
- 67.9%
- Strong positive (≥0.7)
- 3%
- Sector
- Real Estate Investment Trusts
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 72 | 1.2% | |
| -0.8 to -0.7 | 71 | 1.2% | |
| -0.7 to -0.6 | 350 | 5.7% | |
| -0.6 to -0.5 | 349 | 5.7% | |
| -0.5 to -0.4 | 237 | 3.9% | |
| -0.4 to -0.3 | 236 | 3.9% | |
| -0.3 to -0.2 | 210 | 3.4% | |
| -0.2 to -0.1 | 210 | 3.4% | |
| -0.1 to 0.0 | 220 | 3.6% | |
| 0.0 to 0.1 | 220 | 3.6% | |
| 0.1 to 0.2 | 302 | 5.0% | |
| 0.2 to 0.3 | 302 | 5.0% | |
| 0.3 to 0.4 | 633 | 10.4% | |
| 0.4 to 0.5 | 633 | 10.4% | |
| 0.5 to 0.6 | 933 | 15.3% | |
| 0.6 to 0.7 | 933 | 15.3% | |
| 0.7 to 0.8 | 92 | 1.5% | |
| 0.8 to 0.9 | 91 | 1.5% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of GIPRW?
Generation Income Properties Inc Warrant (GIPRW) has an average correlation of about 0.178 with other NASDAQ stocks, based on 6,094 pairwise observations.
Is GIPRW positively correlated with other stocks?
Mostly yes — 67.9% of pairs are positive and 32.1% are negative. Strong positive correlations (≥0.7) make up 3%.
What is the most common correlation range for GIPRW?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 24% of all pairs.
Explore the full interactive correlation distribution for GIPRW.
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