JUN (JUN) Correlation Distribution
Across 5,973 rolling correlation observations between JUN (JUN) and other NASDAQ-listed stocks, 28.8% are positive and 71.2% are negative. The most common correlation range is -0.9 to -0.8, and the average pairwise correlation is -0.288, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 9.8% and strong negative correlations (≤−0.7) for 32.3%.
- Total observations
- 5,973
- Mean correlation
- -0.288
- Most common range
- -0.9 to -0.8
- Positive pairs
- 28.8%
- Strong positive (≥0.7)
- 9.8%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 132 | 2.2% | |
| -0.9 to -0.8 | 900 | 15.1% | |
| -0.8 to -0.7 | 899 | 15.1% | |
| -0.7 to -0.6 | 620 | 10.4% | |
| -0.6 to -0.5 | 620 | 10.4% | |
| -0.5 to -0.4 | 273 | 4.6% | |
| -0.4 to -0.3 | 273 | 4.6% | |
| -0.3 to -0.2 | 192 | 3.2% | |
| -0.2 to -0.1 | 192 | 3.2% | |
| -0.1 to 0.0 | 153 | 2.6% | |
| 0.0 to 0.1 | 153 | 2.6% | |
| 0.1 to 0.2 | 167 | 2.8% | |
| 0.2 to 0.3 | 166 | 2.8% | |
| 0.3 to 0.4 | 157 | 2.6% | |
| 0.4 to 0.5 | 157 | 2.6% | |
| 0.5 to 0.6 | 168 | 2.8% | |
| 0.6 to 0.7 | 168 | 2.8% | |
| 0.7 to 0.8 | 219 | 3.7% | |
| 0.8 to 0.9 | 219 | 3.7% | |
| 0.9 to 1.0 | 145 | 2.4% |
Frequently asked questions
What is the average correlation of JUN?
JUN (JUN) has an average correlation of about -0.288 with other NASDAQ stocks, based on 5,973 pairwise observations.
Is JUN positively correlated with other stocks?
Not predominantly — 28.8% of pairs are positive and 71.2% are negative. Strong positive correlations (≥0.7) make up 9.8%.
What is the most common correlation range for JUN?
The most common range is -0.9 to -0.8. Weak correlations (−0.3 to 0.3) account for 17.1% of all pairs.
Explore the full interactive correlation distribution for JUN.
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