Janus International Group, Inc. (JBI) Correlation Distribution
Across 6,806 rolling correlation observations between Janus International Group, Inc. (JBI) and other NASDAQ-listed stocks, 67.8% are positive and 32.2% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.149, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 2.3% and strong negative correlations (≤−0.7) for 0.2%.
- Total observations
- 6,806
- Mean correlation
- 0.149
- Most common range
- 0.3 to 0.4
- Positive pairs
- 67.8%
- Strong positive (≥0.7)
- 2.3%
- Sector
- Metal Doors, Sash, Frames, Moldings & Trim
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 6 | 0.1% | |
| -0.8 to -0.7 | 5 | 0.1% | |
| -0.7 to -0.6 | 74 | 1.1% | |
| -0.6 to -0.5 | 74 | 1.1% | |
| -0.5 to -0.4 | 283 | 4.2% | |
| -0.4 to -0.3 | 282 | 4.1% | |
| -0.3 to -0.2 | 445 | 6.5% | |
| -0.2 to -0.1 | 445 | 6.5% | |
| -0.1 to 0.0 | 576 | 8.5% | |
| 0.0 to 0.1 | 576 | 8.5% | |
| 0.1 to 0.2 | 688 | 10.1% | |
| 0.2 to 0.3 | 687 | 10.1% | |
| 0.3 to 0.4 | 973 | 14.3% | |
| 0.4 to 0.5 | 973 | 14.3% | |
| 0.5 to 0.6 | 280 | 4.1% | |
| 0.6 to 0.7 | 280 | 4.1% | |
| 0.7 to 0.8 | 80 | 1.2% | |
| 0.8 to 0.9 | 79 | 1.2% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of JBI?
Janus International Group, Inc. (JBI) has an average correlation of about 0.149 with other NASDAQ stocks, based on 6,806 pairwise observations.
Is JBI positively correlated with other stocks?
Mostly yes — 67.8% of pairs are positive and 32.2% are negative. Strong positive correlations (≥0.7) make up 2.3%.
What is the most common correlation range for JBI?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 50.2% of all pairs.
Explore the full interactive correlation distribution for JBI.
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