NATURAL GROCERS BY VITAMIN COTTAGE, INC (NGVC) Correlation Distribution
Across 6,809 rolling correlation observations between NATURAL GROCERS BY VITAMIN COTTAGE, INC (NGVC) and other NASDAQ-listed stocks, 41.9% are positive and 58.1% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is -0.016, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 9.3% and strong negative correlations (≤−0.7) for 2.2%.
- Total observations
- 6,809
- Mean correlation
- -0.016
- Most common range
- -0.5 to -0.4
- Positive pairs
- 41.9%
- Strong positive (≥0.7)
- 9.3%
- Sector
- Retail-Grocery Stores
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 2 | 0.0% | |
| -0.9 to -0.8 | 73 | 1.1% | |
| -0.8 to -0.7 | 73 | 1.1% | |
| -0.7 to -0.6 | 318 | 4.7% | |
| -0.6 to -0.5 | 317 | 4.7% | |
| -0.5 to -0.4 | 736 | 10.8% | |
| -0.4 to -0.3 | 735 | 10.8% | |
| -0.3 to -0.2 | 655 | 9.6% | |
| -0.2 to -0.1 | 655 | 9.6% | |
| -0.1 to 0.0 | 391 | 5.7% | |
| 0.0 to 0.1 | 390 | 5.7% | |
| 0.1 to 0.2 | 328 | 4.8% | |
| 0.2 to 0.3 | 328 | 4.8% | |
| 0.3 to 0.4 | 277 | 4.1% | |
| 0.4 to 0.5 | 276 | 4.1% | |
| 0.5 to 0.6 | 311 | 4.6% | |
| 0.6 to 0.7 | 311 | 4.6% | |
| 0.7 to 0.8 | 289 | 4.2% | |
| 0.8 to 0.9 | 288 | 4.2% | |
| 0.9 to 1.0 | 56 | 0.8% |
Frequently asked questions
What is the average correlation of NGVC?
NATURAL GROCERS BY VITAMIN COTTAGE, INC (NGVC) has an average correlation of about -0.016 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is NGVC positively correlated with other stocks?
Not predominantly — 41.9% of pairs are positive and 58.1% are negative. Strong positive correlations (≥0.7) make up 9.3%.
What is the most common correlation range for NGVC?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 40.3% of all pairs.
Explore the full interactive correlation distribution for NGVC.
Open interactive dashboard →