Park City Group, Inc. New Common Stock (PCYG) Correlation Distribution
Across 6,372 rolling correlation observations between Park City Group, Inc. New Common Stock (PCYG) and other NASDAQ-listed stocks, 36% are positive and 64% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is -0.064, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 5.8% and strong negative correlations (≤−0.7) for 1.1%.
- Total observations
- 6,372
- Mean correlation
- -0.064
- Most common range
- -0.5 to -0.4
- Positive pairs
- 36%
- Strong positive (≥0.7)
- 5.8%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 3 | 0.0% | |
| -0.9 to -0.8 | 32 | 0.5% | |
| -0.8 to -0.7 | 32 | 0.5% | |
| -0.7 to -0.6 | 227 | 3.6% | |
| -0.6 to -0.5 | 226 | 3.5% | |
| -0.5 to -0.4 | 873 | 13.7% | |
| -0.4 to -0.3 | 872 | 13.7% | |
| -0.3 to -0.2 | 723 | 11.3% | |
| -0.2 to -0.1 | 723 | 11.3% | |
| -0.1 to 0.0 | 366 | 5.7% | |
| 0.0 to 0.1 | 365 | 5.7% | |
| 0.1 to 0.2 | 272 | 4.3% | |
| 0.2 to 0.3 | 272 | 4.3% | |
| 0.3 to 0.4 | 274 | 4.3% | |
| 0.4 to 0.5 | 273 | 4.3% | |
| 0.5 to 0.6 | 236 | 3.7% | |
| 0.6 to 0.7 | 235 | 3.7% | |
| 0.7 to 0.8 | 181 | 2.8% | |
| 0.8 to 0.9 | 181 | 2.8% | |
| 0.9 to 1.0 | 6 | 0.1% |
Frequently asked questions
What is the average correlation of PCYG?
Park City Group, Inc. New Common Stock (PCYG) has an average correlation of about -0.064 with other NASDAQ stocks, based on 6,372 pairwise observations.
Is PCYG positively correlated with other stocks?
Not predominantly — 36% of pairs are positive and 64% are negative. Strong positive correlations (≥0.7) make up 5.8%.
What is the most common correlation range for PCYG?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 42.7% of all pairs.
Explore the full interactive correlation distribution for PCYG.
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