Mine Safety Incorporated (MSA) Correlation Distribution
Across 6,809 rolling correlation observations between Mine Safety Incorporated (MSA) and other NASDAQ-listed stocks, 51% are positive and 49% are negative. The most common correlation range is -0.3 to -0.2, and the average pairwise correlation is 0.053, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 4.9% and strong negative correlations (≤−0.7) for 1.5%.
- Total observations
- 6,809
- Mean correlation
- 0.053
- Most common range
- -0.3 to -0.2
- Positive pairs
- 51%
- Strong positive (≥0.7)
- 4.9%
- Sector
- Orthopedic, Prosthetic & Surgical Appliances & Supplies
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 51 | 0.7% | |
| -0.8 to -0.7 | 51 | 0.7% | |
| -0.7 to -0.6 | 188 | 2.8% | |
| -0.6 to -0.5 | 188 | 2.8% | |
| -0.5 to -0.4 | 403 | 5.9% | |
| -0.4 to -0.3 | 403 | 5.9% | |
| -0.3 to -0.2 | 717 | 10.5% | |
| -0.2 to -0.1 | 716 | 10.5% | |
| -0.1 to 0.0 | 617 | 9.1% | |
| 0.0 to 0.1 | 617 | 9.1% | |
| 0.1 to 0.2 | 429 | 6.3% | |
| 0.2 to 0.3 | 428 | 6.3% | |
| 0.3 to 0.4 | 404 | 5.9% | |
| 0.4 to 0.5 | 404 | 5.9% | |
| 0.5 to 0.6 | 430 | 6.3% | |
| 0.6 to 0.7 | 430 | 6.3% | |
| 0.7 to 0.8 | 162 | 2.4% | |
| 0.8 to 0.9 | 162 | 2.4% | |
| 0.9 to 1.0 | 9 | 0.1% |
Frequently asked questions
What is the average correlation of MSA?
Mine Safety Incorporated (MSA) has an average correlation of about 0.053 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is MSA positively correlated with other stocks?
Mostly yes — 51% of pairs are positive and 49% are negative. Strong positive correlations (≥0.7) make up 4.9%.
What is the most common correlation range for MSA?
The most common range is -0.3 to -0.2. Weak correlations (−0.3 to 0.3) account for 51.8% of all pairs.
Explore the full interactive correlation distribution for MSA.
Open interactive dashboard →