International Game Technology PLC (IGT) Correlation Distribution
Across 6,809 rolling correlation observations between International Game Technology PLC (IGT) and other NASDAQ-listed stocks, 52.5% are positive and 47.5% are negative. The most common correlation range is -0.1 to 0.0, and the average pairwise correlation is 0.028, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 2.5% and strong negative correlations (≤−0.7) for 1.2%.
- Total observations
- 6,809
- Mean correlation
- 0.028
- Most common range
- -0.1 to 0.0
- Positive pairs
- 52.5%
- Strong positive (≥0.7)
- 2.5%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 2 | 0.0% | |
| -0.9 to -0.8 | 40 | 0.6% | |
| -0.8 to -0.7 | 40 | 0.6% | |
| -0.7 to -0.6 | 171 | 2.5% | |
| -0.6 to -0.5 | 170 | 2.5% | |
| -0.5 to -0.4 | 422 | 6.2% | |
| -0.4 to -0.3 | 421 | 6.2% | |
| -0.3 to -0.2 | 615 | 9.0% | |
| -0.2 to -0.1 | 615 | 9.0% | |
| -0.1 to 0.0 | 737 | 10.8% | |
| 0.0 to 0.1 | 736 | 10.8% | |
| 0.1 to 0.2 | 660 | 9.7% | |
| 0.2 to 0.3 | 659 | 9.7% | |
| 0.3 to 0.4 | 416 | 6.1% | |
| 0.4 to 0.5 | 415 | 6.1% | |
| 0.5 to 0.6 | 259 | 3.8% | |
| 0.6 to 0.7 | 258 | 3.8% | |
| 0.7 to 0.8 | 86 | 1.3% | |
| 0.8 to 0.9 | 85 | 1.2% | |
| 0.9 to 1.0 | 2 | 0.0% |
Frequently asked questions
What is the average correlation of IGT?
International Game Technology PLC (IGT) has an average correlation of about 0.028 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is IGT positively correlated with other stocks?
Mostly yes — 52.5% of pairs are positive and 47.5% are negative. Strong positive correlations (≥0.7) make up 2.5%.
What is the most common correlation range for IGT?
The most common range is -0.1 to 0.0. Weak correlations (−0.3 to 0.3) account for 59.1% of all pairs.
Explore the full interactive correlation distribution for IGT.
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