Pebblebrook Hotel Trust (PEB) Correlation Distribution
Across 6,809 rolling correlation observations between Pebblebrook Hotel Trust (PEB) and other NASDAQ-listed stocks, 72.7% are positive and 27.3% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.302, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 24.5% and strong negative correlations (≤−0.7) for 1.6%.
- Total observations
- 6,809
- Mean correlation
- 0.302
- Most common range
- 0.7 to 0.8
- Positive pairs
- 72.7%
- Strong positive (≥0.7)
- 24.5%
- Sector
- Real Estate Investment Trusts
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 55 | 0.8% | |
| -0.8 to -0.7 | 55 | 0.8% | |
| -0.7 to -0.6 | 216 | 3.2% | |
| -0.6 to -0.5 | 216 | 3.2% | |
| -0.5 to -0.4 | 293 | 4.3% | |
| -0.4 to -0.3 | 293 | 4.3% | |
| -0.3 to -0.2 | 247 | 3.6% | |
| -0.2 to -0.1 | 247 | 3.6% | |
| -0.1 to 0.0 | 237 | 3.5% | |
| 0.0 to 0.1 | 236 | 3.5% | |
| 0.1 to 0.2 | 317 | 4.7% | |
| 0.2 to 0.3 | 317 | 4.7% | |
| 0.3 to 0.4 | 443 | 6.5% | |
| 0.4 to 0.5 | 442 | 6.5% | |
| 0.5 to 0.6 | 765 | 11.2% | |
| 0.6 to 0.7 | 764 | 11.2% | |
| 0.7 to 0.8 | 814 | 12.0% | |
| 0.8 to 0.9 | 814 | 12.0% | |
| 0.9 to 1.0 | 38 | 0.6% |
Frequently asked questions
What is the average correlation of PEB?
Pebblebrook Hotel Trust (PEB) has an average correlation of about 0.302 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is PEB positively correlated with other stocks?
Mostly yes — 72.7% of pairs are positive and 27.3% are negative. Strong positive correlations (≥0.7) make up 24.5%.
What is the most common correlation range for PEB?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 23.5% of all pairs.
Explore the full interactive correlation distribution for PEB.
Open interactive dashboard →