NVR, Inc. (NVR) Correlation Distribution
Across 6,809 rolling correlation observations between NVR, Inc. (NVR) and other NASDAQ-listed stocks, 40% are positive and 60% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.058, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 15.2% and strong negative correlations (≤−0.7) for 6.5%.
- Total observations
- 6,809
- Mean correlation
- -0.058
- Most common range
- -0.7 to -0.6
- Positive pairs
- 40%
- Strong positive (≥0.7)
- 15.2%
- Sector
- Operative Builders
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 221 | 3.2% | |
| -0.8 to -0.7 | 221 | 3.2% | |
| -0.7 to -0.6 | 696 | 10.2% | |
| -0.6 to -0.5 | 695 | 10.2% | |
| -0.5 to -0.4 | 668 | 9.8% | |
| -0.4 to -0.3 | 667 | 9.8% | |
| -0.3 to -0.2 | 324 | 4.8% | |
| -0.2 to -0.1 | 324 | 4.8% | |
| -0.1 to 0.0 | 266 | 3.9% | |
| 0.0 to 0.1 | 265 | 3.9% | |
| 0.1 to 0.2 | 209 | 3.1% | |
| 0.2 to 0.3 | 208 | 3.1% | |
| 0.3 to 0.4 | 223 | 3.3% | |
| 0.4 to 0.5 | 223 | 3.3% | |
| 0.5 to 0.6 | 281 | 4.1% | |
| 0.6 to 0.7 | 280 | 4.1% | |
| 0.7 to 0.8 | 417 | 6.1% | |
| 0.8 to 0.9 | 417 | 6.1% | |
| 0.9 to 1.0 | 204 | 3.0% |
Frequently asked questions
What is the average correlation of NVR?
NVR, Inc. (NVR) has an average correlation of about -0.058 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is NVR positively correlated with other stocks?
Not predominantly — 40% of pairs are positive and 60% are negative. Strong positive correlations (≥0.7) make up 15.2%.
What is the most common correlation range for NVR?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 23.4% of all pairs.
Explore the full interactive correlation distribution for NVR.
Open interactive dashboard →