General Mills, Inc. (GIS) Correlation Distribution
Across 6,809 rolling correlation observations between General Mills, Inc. (GIS) and other NASDAQ-listed stocks, 31.3% are positive and 68.7% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is -0.152, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 1.6% and strong negative correlations (≤−0.7) for 2.6%.
- Total observations
- 6,809
- Mean correlation
- -0.152
- Most common range
- -0.5 to -0.4
- Positive pairs
- 31.3%
- Strong positive (≥0.7)
- 1.6%
- Sector
- Grain Mill Products
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 90 | 1.3% | |
| -0.8 to -0.7 | 89 | 1.3% | |
| -0.7 to -0.6 | 447 | 6.6% | |
| -0.6 to -0.5 | 447 | 6.6% | |
| -0.5 to -0.4 | 858 | 12.6% | |
| -0.4 to -0.3 | 858 | 12.6% | |
| -0.3 to -0.2 | 672 | 9.9% | |
| -0.2 to -0.1 | 672 | 9.9% | |
| -0.1 to 0.0 | 544 | 8.0% | |
| 0.0 to 0.1 | 544 | 8.0% | |
| 0.1 to 0.2 | 352 | 5.2% | |
| 0.2 to 0.3 | 352 | 5.2% | |
| 0.3 to 0.4 | 240 | 3.5% | |
| 0.4 to 0.5 | 240 | 3.5% | |
| 0.5 to 0.6 | 148 | 2.2% | |
| 0.6 to 0.7 | 147 | 2.2% | |
| 0.7 to 0.8 | 54 | 0.8% | |
| 0.8 to 0.9 | 54 | 0.8% | |
| 0.9 to 1.0 | 1 | 0.0% |
Frequently asked questions
What is the average correlation of GIS?
General Mills, Inc. (GIS) has an average correlation of about -0.152 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is GIS positively correlated with other stocks?
Not predominantly — 31.3% of pairs are positive and 68.7% are negative. Strong positive correlations (≥0.7) make up 1.6%.
What is the most common correlation range for GIS?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 46.1% of all pairs.
Explore the full interactive correlation distribution for GIS.
Open interactive dashboard →