Peoples Bancorp Inc/OH (PEBO) Correlation Distribution
Across 6,809 rolling correlation observations between Peoples Bancorp Inc/OH (PEBO) and other NASDAQ-listed stocks, 76.2% are positive and 23.8% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.216, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 3.6% and strong negative correlations (≤−0.7) for 0.1%.
- Total observations
- 6,809
- Mean correlation
- 0.216
- Most common range
- 0.3 to 0.4
- Positive pairs
- 76.2%
- Strong positive (≥0.7)
- 3.6%
- Sector
- State Commercial Banks
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 5 | 0.1% | |
| -0.8 to -0.7 | 4 | 0.1% | |
| -0.7 to -0.6 | 61 | 0.9% | |
| -0.6 to -0.5 | 60 | 0.9% | |
| -0.5 to -0.4 | 177 | 2.6% | |
| -0.4 to -0.3 | 176 | 2.6% | |
| -0.3 to -0.2 | 293 | 4.3% | |
| -0.2 to -0.1 | 293 | 4.3% | |
| -0.1 to 0.0 | 550 | 8.1% | |
| 0.0 to 0.1 | 549 | 8.1% | |
| 0.1 to 0.2 | 835 | 12.3% | |
| 0.2 to 0.3 | 834 | 12.2% | |
| 0.3 to 0.4 | 893 | 13.1% | |
| 0.4 to 0.5 | 892 | 13.1% | |
| 0.5 to 0.6 | 473 | 6.9% | |
| 0.6 to 0.7 | 472 | 6.9% | |
| 0.7 to 0.8 | 120 | 1.8% | |
| 0.8 to 0.9 | 120 | 1.8% | |
| 0.9 to 1.0 | 2 | 0.0% |
Frequently asked questions
What is the average correlation of PEBO?
Peoples Bancorp Inc/OH (PEBO) has an average correlation of about 0.216 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is PEBO positively correlated with other stocks?
Mostly yes — 76.2% of pairs are positive and 23.8% are negative. Strong positive correlations (≥0.7) make up 3.6%.
What is the most common correlation range for PEBO?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 49.3% of all pairs.
Explore the full interactive correlation distribution for PEBO.
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