Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (GREEL) Correlation Distribution
Across 6,797 rolling correlation observations between Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (GREEL) and other NASDAQ-listed stocks, 70.5% are positive and 29.5% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.303, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 28.9% and strong negative correlations (≤−0.7) for 1.6%.
- Total observations
- 6,797
- Mean correlation
- 0.303
- Most common range
- 0.7 to 0.8
- Positive pairs
- 70.5%
- Strong positive (≥0.7)
- 28.9%
- Sector
- Finance Services
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 53 | 0.8% | |
| -0.8 to -0.7 | 52 | 0.8% | |
| -0.7 to -0.6 | 158 | 2.3% | |
| -0.6 to -0.5 | 158 | 2.3% | |
| -0.5 to -0.4 | 299 | 4.4% | |
| -0.4 to -0.3 | 299 | 4.4% | |
| -0.3 to -0.2 | 346 | 5.1% | |
| -0.2 to -0.1 | 345 | 5.1% | |
| -0.1 to 0.0 | 291 | 4.3% | |
| 0.0 to 0.1 | 291 | 4.3% | |
| 0.1 to 0.2 | 297 | 4.4% | |
| 0.2 to 0.3 | 297 | 4.4% | |
| 0.3 to 0.4 | 378 | 5.6% | |
| 0.4 to 0.5 | 378 | 5.6% | |
| 0.5 to 0.6 | 597 | 8.8% | |
| 0.6 to 0.7 | 596 | 8.8% | |
| 0.7 to 0.8 | 954 | 14.0% | |
| 0.8 to 0.9 | 954 | 14.0% | |
| 0.9 to 1.0 | 53 | 0.8% |
Frequently asked questions
What is the average correlation of GREEL?
Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (GREEL) has an average correlation of about 0.303 with other NASDAQ stocks, based on 6,797 pairwise observations.
Is GREEL positively correlated with other stocks?
Mostly yes — 70.5% of pairs are positive and 29.5% are negative. Strong positive correlations (≥0.7) make up 28.9%.
What is the most common correlation range for GREEL?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 27.5% of all pairs.
Explore the full interactive correlation distribution for GREEL.
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