OneSpaWorld Holdings Limited Common Shares (OSW) Correlation Distribution
Across 6,809 rolling correlation observations between OneSpaWorld Holdings Limited Common Shares (OSW) and other NASDAQ-listed stocks, 42.1% are positive and 57.9% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is -0.019, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 16.3% and strong negative correlations (≤−0.7) for 4.4%.
- Total observations
- 6,809
- Mean correlation
- -0.019
- Most common range
- -0.5 to -0.4
- Positive pairs
- 42.1%
- Strong positive (≥0.7)
- 16.3%
- Sector
- Services-Membership Sports & Recreation Clubs
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 151 | 2.2% | |
| -0.8 to -0.7 | 150 | 2.2% | |
| -0.7 to -0.6 | 594 | 8.7% | |
| -0.6 to -0.5 | 593 | 8.7% | |
| -0.5 to -0.4 | 709 | 10.4% | |
| -0.4 to -0.3 | 708 | 10.4% | |
| -0.3 to -0.2 | 382 | 5.6% | |
| -0.2 to -0.1 | 382 | 5.6% | |
| -0.1 to 0.0 | 275 | 4.0% | |
| 0.0 to 0.1 | 274 | 4.0% | |
| 0.1 to 0.2 | 215 | 3.2% | |
| 0.2 to 0.3 | 215 | 3.2% | |
| 0.3 to 0.4 | 243 | 3.6% | |
| 0.4 to 0.5 | 242 | 3.6% | |
| 0.5 to 0.6 | 282 | 4.1% | |
| 0.6 to 0.7 | 282 | 4.1% | |
| 0.7 to 0.8 | 432 | 6.3% | |
| 0.8 to 0.9 | 432 | 6.3% | |
| 0.9 to 1.0 | 248 | 3.6% |
Frequently asked questions
What is the average correlation of OSW?
OneSpaWorld Holdings Limited Common Shares (OSW) has an average correlation of about -0.019 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is OSW positively correlated with other stocks?
Not predominantly — 42.1% of pairs are positive and 57.9% are negative. Strong positive correlations (≥0.7) make up 16.3%.
What is the most common correlation range for OSW?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 25.6% of all pairs.
Explore the full interactive correlation distribution for OSW.
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