Medical Properties Trust, Inc. (MPW) Correlation Distribution
Across 6,809 rolling correlation observations between Medical Properties Trust, Inc. (MPW) and other NASDAQ-listed stocks, 67.4% are positive and 32.6% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.262, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 35.9% and strong negative correlations (≤−0.7) for 10.5%.
- Total observations
- 6,809
- Mean correlation
- 0.262
- Most common range
- 0.7 to 0.8
- Positive pairs
- 67.4%
- Strong positive (≥0.7)
- 35.9%
- Sector
- Real Estate Investment Trusts
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 66 | 1.0% | |
| -0.9 to -0.8 | 323 | 4.7% | |
| -0.8 to -0.7 | 323 | 4.7% | |
| -0.7 to -0.6 | 264 | 3.9% | |
| -0.6 to -0.5 | 263 | 3.9% | |
| -0.5 to -0.4 | 206 | 3.0% | |
| -0.4 to -0.3 | 205 | 3.0% | |
| -0.3 to -0.2 | 185 | 2.7% | |
| -0.2 to -0.1 | 184 | 2.7% | |
| -0.1 to 0.0 | 198 | 2.9% | |
| 0.0 to 0.1 | 198 | 2.9% | |
| 0.1 to 0.2 | 194 | 2.8% | |
| 0.2 to 0.3 | 194 | 2.8% | |
| 0.3 to 0.4 | 266 | 3.9% | |
| 0.4 to 0.5 | 265 | 3.9% | |
| 0.5 to 0.6 | 516 | 7.6% | |
| 0.6 to 0.7 | 515 | 7.6% | |
| 0.7 to 0.8 | 1,041 | 15.3% | |
| 0.8 to 0.9 | 1,040 | 15.3% | |
| 0.9 to 1.0 | 363 | 5.3% |
Frequently asked questions
What is the average correlation of MPW?
Medical Properties Trust, Inc. (MPW) has an average correlation of about 0.262 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is MPW positively correlated with other stocks?
Mostly yes — 67.4% of pairs are positive and 32.6% are negative. Strong positive correlations (≥0.7) make up 35.9%.
What is the most common correlation range for MPW?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 16.9% of all pairs.
Explore the full interactive correlation distribution for MPW.
Open interactive dashboard →