Gaming and Leisure Properties, Inc. (GLPI) Correlation Distribution
Across 6,809 rolling correlation observations between Gaming and Leisure Properties, Inc. (GLPI) and other NASDAQ-listed stocks, 47% are positive and 53% are negative. The most common correlation range is -0.3 to -0.2, and the average pairwise correlation is -0.002, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 1.6% and strong negative correlations (≤−0.7) for 1.4%.
- Total observations
- 6,809
- Mean correlation
- -0.002
- Most common range
- -0.3 to -0.2
- Positive pairs
- 47%
- Strong positive (≥0.7)
- 1.6%
- 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 | 46 | 0.7% | |
| -0.8 to -0.7 | 46 | 0.7% | |
| -0.7 to -0.6 | 255 | 3.7% | |
| -0.6 to -0.5 | 254 | 3.7% | |
| -0.5 to -0.4 | 550 | 8.1% | |
| -0.4 to -0.3 | 549 | 8.1% | |
| -0.3 to -0.2 | 681 | 10.0% | |
| -0.2 to -0.1 | 680 | 10.0% | |
| -0.1 to 0.0 | 546 | 8.0% | |
| 0.0 to 0.1 | 545 | 8.0% | |
| 0.1 to 0.2 | 435 | 6.4% | |
| 0.2 to 0.3 | 434 | 6.4% | |
| 0.3 to 0.4 | 482 | 7.1% | |
| 0.4 to 0.5 | 482 | 7.1% | |
| 0.5 to 0.6 | 356 | 5.2% | |
| 0.6 to 0.7 | 356 | 5.2% | |
| 0.7 to 0.8 | 56 | 0.8% | |
| 0.8 to 0.9 | 55 | 0.8% | |
| 0.9 to 1.0 | 1 | 0.0% |
Frequently asked questions
What is the average correlation of GLPI?
Gaming and Leisure Properties, Inc. (GLPI) has an average correlation of about -0.002 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is GLPI positively correlated with other stocks?
Not predominantly — 47% of pairs are positive and 53% are negative. Strong positive correlations (≥0.7) make up 1.6%.
What is the most common correlation range for GLPI?
The most common range is -0.3 to -0.2. Weak correlations (−0.3 to 0.3) account for 48.8% of all pairs.
Explore the full interactive correlation distribution for GLPI.
Open interactive dashboard →