Eagle Capital Growth Fund, Inc. (GRF) Correlation Distribution
Across 6,757 rolling correlation observations between Eagle Capital Growth Fund, Inc. (GRF) and other NASDAQ-listed stocks, 54.2% are positive and 45.8% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.076, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 7.1% and strong negative correlations (≤−0.7) for 1.7%.
- Total observations
- 6,757
- Mean correlation
- 0.076
- Most common range
- 0.5 to 0.6
- Positive pairs
- 54.2%
- Strong positive (≥0.7)
- 7.1%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 59 | 0.9% | |
| -0.8 to -0.7 | 59 | 0.9% | |
| -0.7 to -0.6 | 279 | 4.1% | |
| -0.6 to -0.5 | 278 | 4.1% | |
| -0.5 to -0.4 | 485 | 7.2% | |
| -0.4 to -0.3 | 484 | 7.2% | |
| -0.3 to -0.2 | 490 | 7.3% | |
| -0.2 to -0.1 | 490 | 7.3% | |
| -0.1 to 0.0 | 472 | 7.0% | |
| 0.0 to 0.1 | 472 | 7.0% | |
| 0.1 to 0.2 | 400 | 5.9% | |
| 0.2 to 0.3 | 399 | 5.9% | |
| 0.3 to 0.4 | 415 | 6.1% | |
| 0.4 to 0.5 | 414 | 6.1% | |
| 0.5 to 0.6 | 540 | 8.0% | |
| 0.6 to 0.7 | 540 | 8.0% | |
| 0.7 to 0.8 | 240 | 3.6% | |
| 0.8 to 0.9 | 239 | 3.5% | |
| 0.9 to 1.0 | 2 | 0.0% |
Frequently asked questions
What is the average correlation of GRF?
Eagle Capital Growth Fund, Inc. (GRF) has an average correlation of about 0.076 with other NASDAQ stocks, based on 6,757 pairwise observations.
Is GRF positively correlated with other stocks?
Mostly yes — 54.2% of pairs are positive and 45.8% are negative. Strong positive correlations (≥0.7) make up 7.1%.
What is the most common correlation range for GRF?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 40.3% of all pairs.
Explore the full interactive correlation distribution for GRF.
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