The Hartford Insurance Group, Inc. (HIG) Correlation Distribution
Across 6,809 rolling correlation observations between The Hartford Insurance Group, Inc. (HIG) and other NASDAQ-listed stocks, 40.6% are positive and 59.4% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.062, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 17% and strong negative correlations (≤−0.7) for 9.3%.
- Total observations
- 6,809
- Mean correlation
- -0.062
- Most common range
- -0.7 to -0.6
- Positive pairs
- 40.6%
- Strong positive (≥0.7)
- 17%
- Sector
- Fire, Marine & Casualty Insurance
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 9 | 0.1% | |
| -0.9 to -0.8 | 314 | 4.6% | |
| -0.8 to -0.7 | 313 | 4.6% | |
| -0.7 to -0.6 | 733 | 10.8% | |
| -0.6 to -0.5 | 733 | 10.8% | |
| -0.5 to -0.4 | 561 | 8.2% | |
| -0.4 to -0.3 | 561 | 8.2% | |
| -0.3 to -0.2 | 294 | 4.3% | |
| -0.2 to -0.1 | 294 | 4.3% | |
| -0.1 to 0.0 | 234 | 3.4% | |
| 0.0 to 0.1 | 233 | 3.4% | |
| 0.1 to 0.2 | 212 | 3.1% | |
| 0.2 to 0.3 | 212 | 3.1% | |
| 0.3 to 0.4 | 221 | 3.2% | |
| 0.4 to 0.5 | 221 | 3.2% | |
| 0.5 to 0.6 | 253 | 3.7% | |
| 0.6 to 0.7 | 253 | 3.7% | |
| 0.7 to 0.8 | 430 | 6.3% | |
| 0.8 to 0.9 | 430 | 6.3% | |
| 0.9 to 1.0 | 298 | 4.4% |
Frequently asked questions
What is the average correlation of HIG?
The Hartford Insurance Group, Inc. (HIG) has an average correlation of about -0.062 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is HIG positively correlated with other stocks?
Not predominantly — 40.6% of pairs are positive and 59.4% are negative. Strong positive correlations (≥0.7) make up 17%.
What is the most common correlation range for HIG?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 21.7% of all pairs.
Explore the full interactive correlation distribution for HIG.
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