Greenidge Generation Holdings Inc. Class A Common (GREE) Correlation Distribution
Across 6,804 rolling correlation observations between Greenidge Generation Holdings Inc. Class A Common (GREE) and other NASDAQ-listed stocks, 72.1% are positive and 27.9% are negative. The most common correlation range is 0.9 to 1.0, and the average pairwise correlation is 0.36, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 38% and strong negative correlations (≤−0.7) for 1%.
- Total observations
- 6,804
- Mean correlation
- 0.36
- Most common range
- 0.9 to 1.0
- Positive pairs
- 72.1%
- Strong positive (≥0.7)
- 38%
- Sector
- Finance Services
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 34 | 0.5% | |
| -0.8 to -0.7 | 33 | 0.5% | |
| -0.7 to -0.6 | 228 | 3.4% | |
| -0.6 to -0.5 | 228 | 3.4% | |
| -0.5 to -0.4 | 318 | 4.7% | |
| -0.4 to -0.3 | 317 | 4.7% | |
| -0.3 to -0.2 | 256 | 3.8% | |
| -0.2 to -0.1 | 255 | 3.7% | |
| -0.1 to 0.0 | 232 | 3.4% | |
| 0.0 to 0.1 | 231 | 3.4% | |
| 0.1 to 0.2 | 250 | 3.7% | |
| 0.2 to 0.3 | 250 | 3.7% | |
| 0.3 to 0.4 | 320 | 4.7% | |
| 0.4 to 0.5 | 319 | 4.7% | |
| 0.5 to 0.6 | 475 | 7.0% | |
| 0.6 to 0.7 | 474 | 7.0% | |
| 0.7 to 0.8 | 821 | 12.1% | |
| 0.8 to 0.9 | 821 | 12.1% | |
| 0.9 to 1.0 | 942 | 13.8% |
Frequently asked questions
What is the average correlation of GREE?
Greenidge Generation Holdings Inc. Class A Common (GREE) has an average correlation of about 0.36 with other NASDAQ stocks, based on 6,804 pairwise observations.
Is GREE positively correlated with other stocks?
Mostly yes — 72.1% of pairs are positive and 27.9% are negative. Strong positive correlations (≥0.7) make up 38%.
What is the most common correlation range for GREE?
The most common range is 0.9 to 1.0. Weak correlations (−0.3 to 0.3) account for 21.7% of all pairs.
Explore the full interactive correlation distribution for GREE.
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