Gladstone Commercial Corporation 6.00% Series G Cumulative Redeemable Preferred Stock, par value $0.001 per share (GOODO) Correlation Distribution
Across 6,790 rolling correlation observations between Gladstone Commercial Corporation 6.00% Series G Cumulative Redeemable Preferred Stock, par value $0.001 per share (GOODO) and other NASDAQ-listed stocks, 73.2% are positive and 26.8% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.341, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 33.5% and strong negative correlations (≤−0.7) for 2.1%.
- Total observations
- 6,790
- Mean correlation
- 0.341
- Most common range
- 0.7 to 0.8
- Positive pairs
- 73.2%
- Strong positive (≥0.7)
- 33.5%
- Sector
- Lessors Of Real Property, Nec
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 70 | 1.0% | |
| -0.8 to -0.7 | 70 | 1.0% | |
| -0.7 to -0.6 | 158 | 2.3% | |
| -0.6 to -0.5 | 157 | 2.3% | |
| -0.5 to -0.4 | 254 | 3.7% | |
| -0.4 to -0.3 | 254 | 3.7% | |
| -0.3 to -0.2 | 299 | 4.4% | |
| -0.2 to -0.1 | 298 | 4.4% | |
| -0.1 to 0.0 | 262 | 3.9% | |
| 0.0 to 0.1 | 262 | 3.9% | |
| 0.1 to 0.2 | 278 | 4.1% | |
| 0.2 to 0.3 | 277 | 4.1% | |
| 0.3 to 0.4 | 357 | 5.3% | |
| 0.4 to 0.5 | 357 | 5.3% | |
| 0.5 to 0.6 | 581 | 8.6% | |
| 0.6 to 0.7 | 581 | 8.6% | |
| 0.7 to 0.8 | 1,058 | 15.6% | |
| 0.8 to 0.9 | 1,058 | 15.6% | |
| 0.9 to 1.0 | 158 | 2.3% |
Frequently asked questions
What is the average correlation of GOODO?
Gladstone Commercial Corporation 6.00% Series G Cumulative Redeemable Preferred Stock, par value $0.001 per share (GOODO) has an average correlation of about 0.341 with other NASDAQ stocks, based on 6,790 pairwise observations.
Is GOODO positively correlated with other stocks?
Mostly yes — 73.2% of pairs are positive and 26.8% are negative. Strong positive correlations (≥0.7) make up 33.5%.
What is the most common correlation range for GOODO?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 24.7% of all pairs.
Explore the full interactive correlation distribution for GOODO.
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