Gladstone Commercial Corporation - REIT (GOOD) Correlation Distribution
Across 6,809 rolling correlation observations between Gladstone Commercial Corporation - REIT (GOOD) and other NASDAQ-listed stocks, 70.8% are positive and 29.2% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.282, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 23.7% and strong negative correlations (≤−0.7) for 2.4%.
- Total observations
- 6,809
- Mean correlation
- 0.282
- Most common range
- 0.7 to 0.8
- Positive pairs
- 70.8%
- Strong positive (≥0.7)
- 23.7%
- Sector
- Lessors Of Real Property, Nec
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 8 | 0.1% | |
| -0.9 to -0.8 | 77 | 1.1% | |
| -0.8 to -0.7 | 76 | 1.1% | |
| -0.7 to -0.6 | 218 | 3.2% | |
| -0.6 to -0.5 | 217 | 3.2% | |
| -0.5 to -0.4 | 322 | 4.7% | |
| -0.4 to -0.3 | 321 | 4.7% | |
| -0.3 to -0.2 | 252 | 3.7% | |
| -0.2 to -0.1 | 252 | 3.7% | |
| -0.1 to 0.0 | 243 | 3.6% | |
| 0.0 to 0.1 | 242 | 3.6% | |
| 0.1 to 0.2 | 293 | 4.3% | |
| 0.2 to 0.3 | 293 | 4.3% | |
| 0.3 to 0.4 | 434 | 6.4% | |
| 0.4 to 0.5 | 433 | 6.4% | |
| 0.5 to 0.6 | 758 | 11.1% | |
| 0.6 to 0.7 | 757 | 11.1% | |
| 0.7 to 0.8 | 780 | 11.5% | |
| 0.8 to 0.9 | 779 | 11.4% | |
| 0.9 to 1.0 | 54 | 0.8% |
Frequently asked questions
What is the average correlation of GOOD?
Gladstone Commercial Corporation - REIT (GOOD) has an average correlation of about 0.282 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is GOOD positively correlated with other stocks?
Mostly yes — 70.8% of pairs are positive and 29.2% are negative. Strong positive correlations (≥0.7) make up 23.7%.
What is the most common correlation range for GOOD?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 23.1% of all pairs.
Explore the full interactive correlation distribution for GOOD.
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