Golden Sun Health Technology Group Limited Class A Ordinary Shares (GSUN) Correlation Distribution
Across 6,660 rolling correlation observations between Golden Sun Health Technology Group Limited Class A Ordinary Shares (GSUN) and other NASDAQ-listed stocks, 57.8% are positive and 42.2% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.129, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 13.5% and strong negative correlations (≤−0.7) for 1%.
- Total observations
- 6,660
- Mean correlation
- 0.129
- Most common range
- 0.5 to 0.6
- Positive pairs
- 57.8%
- Strong positive (≥0.7)
- 13.5%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 35 | 0.5% | |
| -0.8 to -0.7 | 34 | 0.5% | |
| -0.7 to -0.6 | 299 | 4.5% | |
| -0.6 to -0.5 | 298 | 4.5% | |
| -0.5 to -0.4 | 507 | 7.6% | |
| -0.4 to -0.3 | 506 | 7.6% | |
| -0.3 to -0.2 | 400 | 6.0% | |
| -0.2 to -0.1 | 400 | 6.0% | |
| -0.1 to 0.0 | 334 | 5.0% | |
| 0.0 to 0.1 | 333 | 5.0% | |
| 0.1 to 0.2 | 344 | 5.2% | |
| 0.2 to 0.3 | 344 | 5.2% | |
| 0.3 to 0.4 | 451 | 6.8% | |
| 0.4 to 0.5 | 450 | 6.8% | |
| 0.5 to 0.6 | 513 | 7.7% | |
| 0.6 to 0.7 | 513 | 7.7% | |
| 0.7 to 0.8 | 425 | 6.4% | |
| 0.8 to 0.9 | 425 | 6.4% | |
| 0.9 to 1.0 | 49 | 0.7% |
Frequently asked questions
What is the average correlation of GSUN?
Golden Sun Health Technology Group Limited Class A Ordinary Shares (GSUN) has an average correlation of about 0.129 with other NASDAQ stocks, based on 6,660 pairwise observations.
Is GSUN positively correlated with other stocks?
Mostly yes — 57.8% of pairs are positive and 42.2% are negative. Strong positive correlations (≥0.7) make up 13.5%.
What is the most common correlation range for GSUN?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 32.4% of all pairs.
Explore the full interactive correlation distribution for GSUN.
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