MANCHESTER UNITED PLC (MANU) Correlation Distribution
Across 6,809 rolling correlation observations between MANCHESTER UNITED PLC (MANU) and other NASDAQ-listed stocks, 35.7% are positive and 64.3% are negative. The most common correlation range is -0.3 to -0.2, and the average pairwise correlation is -0.063, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 0.9% and strong negative correlations (≤−0.7) for 0.3%.
- Total observations
- 6,809
- Mean correlation
- -0.063
- Most common range
- -0.3 to -0.2
- Positive pairs
- 35.7%
- Strong positive (≥0.7)
- 0.9%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 9 | 0.1% | |
| -0.8 to -0.7 | 9 | 0.1% | |
| -0.7 to -0.6 | 89 | 1.3% | |
| -0.6 to -0.5 | 89 | 1.3% | |
| -0.5 to -0.4 | 450 | 6.6% | |
| -0.4 to -0.3 | 449 | 6.6% | |
| -0.3 to -0.2 | 1,248 | 18.3% | |
| -0.2 to -0.1 | 1,247 | 18.3% | |
| -0.1 to 0.0 | 785 | 11.5% | |
| 0.0 to 0.1 | 784 | 11.5% | |
| 0.1 to 0.2 | 454 | 6.7% | |
| 0.2 to 0.3 | 454 | 6.7% | |
| 0.3 to 0.4 | 216 | 3.2% | |
| 0.4 to 0.5 | 216 | 3.2% | |
| 0.5 to 0.6 | 124 | 1.8% | |
| 0.6 to 0.7 | 123 | 1.8% | |
| 0.7 to 0.8 | 32 | 0.5% | |
| 0.8 to 0.9 | 31 | 0.5% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of MANU?
MANCHESTER UNITED PLC (MANU) has an average correlation of about -0.063 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is MANU positively correlated with other stocks?
Not predominantly — 35.7% of pairs are positive and 64.3% are negative. Strong positive correlations (≥0.7) make up 0.9%.
What is the most common correlation range for MANU?
The most common range is -0.3 to -0.2. Weak correlations (−0.3 to 0.3) account for 73% of all pairs.
Explore the full interactive correlation distribution for MANU.
Open interactive dashboard →