GTHX (GTHX) Correlation Distribution
Across 6,771 rolling correlation observations between GTHX (GTHX) and other NASDAQ-listed stocks, 67.6% are positive and 32.4% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.262, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 31.5% and strong negative correlations (≤−0.7) for 4.6%.
- Total observations
- 6,771
- Mean correlation
- 0.262
- Most common range
- 0.7 to 0.8
- Positive pairs
- 67.6%
- Strong positive (≥0.7)
- 31.5%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 154 | 2.3% | |
| -0.8 to -0.7 | 154 | 2.3% | |
| -0.7 to -0.6 | 339 | 5.0% | |
| -0.6 to -0.5 | 338 | 5.0% | |
| -0.5 to -0.4 | 250 | 3.7% | |
| -0.4 to -0.3 | 250 | 3.7% | |
| -0.3 to -0.2 | 250 | 3.7% | |
| -0.2 to -0.1 | 249 | 3.7% | |
| -0.1 to 0.0 | 208 | 3.1% | |
| 0.0 to 0.1 | 207 | 3.1% | |
| 0.1 to 0.2 | 259 | 3.8% | |
| 0.2 to 0.3 | 258 | 3.8% | |
| 0.3 to 0.4 | 335 | 4.9% | |
| 0.4 to 0.5 | 334 | 4.9% | |
| 0.5 to 0.6 | 527 | 7.8% | |
| 0.6 to 0.7 | 527 | 7.8% | |
| 0.7 to 0.8 | 1,009 | 14.9% | |
| 0.8 to 0.9 | 1,009 | 14.9% | |
| 0.9 to 1.0 | 113 | 1.7% |
Frequently asked questions
What is the average correlation of GTHX?
GTHX (GTHX) has an average correlation of about 0.262 with other NASDAQ stocks, based on 6,771 pairwise observations.
Is GTHX positively correlated with other stocks?
Mostly yes — 67.6% of pairs are positive and 32.4% are negative. Strong positive correlations (≥0.7) make up 31.5%.
What is the most common correlation range for GTHX?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 21.1% of all pairs.
Explore the full interactive correlation distribution for GTHX.
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