Jackson Financial Inc. (JXN) Correlation Distribution
Across 6,802 rolling correlation observations between Jackson Financial Inc. (JXN) and other NASDAQ-listed stocks, 42.2% are positive and 57.8% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is -0.028, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 15.9% and strong negative correlations (≤−0.7) for 7.5%.
- Total observations
- 6,802
- Mean correlation
- -0.028
- Most common range
- -0.5 to -0.4
- Positive pairs
- 42.2%
- Strong positive (≥0.7)
- 15.9%
- Sector
- Life Insurance
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 8 | 0.1% | |
| -0.9 to -0.8 | 253 | 3.7% | |
| -0.8 to -0.7 | 252 | 3.7% | |
| -0.7 to -0.6 | 504 | 7.4% | |
| -0.6 to -0.5 | 504 | 7.4% | |
| -0.5 to -0.4 | 615 | 9.0% | |
| -0.4 to -0.3 | 615 | 9.0% | |
| -0.3 to -0.2 | 437 | 6.4% | |
| -0.2 to -0.1 | 436 | 6.4% | |
| -0.1 to 0.0 | 310 | 4.6% | |
| 0.0 to 0.1 | 310 | 4.6% | |
| 0.1 to 0.2 | 251 | 3.7% | |
| 0.2 to 0.3 | 251 | 3.7% | |
| 0.3 to 0.4 | 223 | 3.3% | |
| 0.4 to 0.5 | 222 | 3.3% | |
| 0.5 to 0.6 | 266 | 3.9% | |
| 0.6 to 0.7 | 266 | 3.9% | |
| 0.7 to 0.8 | 429 | 6.3% | |
| 0.8 to 0.9 | 429 | 6.3% | |
| 0.9 to 1.0 | 221 | 3.2% |
Frequently asked questions
What is the average correlation of JXN?
Jackson Financial Inc. (JXN) has an average correlation of about -0.028 with other NASDAQ stocks, based on 6,802 pairwise observations.
Is JXN positively correlated with other stocks?
Not predominantly — 42.2% of pairs are positive and 57.8% are negative. Strong positive correlations (≥0.7) make up 15.9%.
What is the most common correlation range for JXN?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 29.3% of all pairs.
Explore the full interactive correlation distribution for JXN.
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