PepGen Inc. Common Stock (PEPG) Correlation Distribution
Across 6,701 rolling correlation observations between PepGen Inc. Common Stock (PEPG) and other NASDAQ-listed stocks, 56.5% are positive and 43.5% are negative. The most common correlation range is 0.1 to 0.2, and the average pairwise correlation is 0.036, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 0.6% and strong negative correlations (≤−0.7) for 0.4%.
- Total observations
- 6,701
- Mean correlation
- 0.036
- Most common range
- 0.1 to 0.2
- Positive pairs
- 56.5%
- Strong positive (≥0.7)
- 0.6%
- Sector
- Pharmaceutical Preparations
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 15 | 0.2% | |
| -0.8 to -0.7 | 14 | 0.2% | |
| -0.7 to -0.6 | 285 | 4.3% | |
| -0.6 to -0.5 | 284 | 4.2% | |
| -0.5 to -0.4 | 489 | 7.3% | |
| -0.4 to -0.3 | 489 | 7.3% | |
| -0.3 to -0.2 | 427 | 6.4% | |
| -0.2 to -0.1 | 426 | 6.4% | |
| -0.1 to 0.0 | 487 | 7.3% | |
| 0.0 to 0.1 | 486 | 7.3% | |
| 0.1 to 0.2 | 701 | 10.5% | |
| 0.2 to 0.3 | 701 | 10.5% | |
| 0.3 to 0.4 | 651 | 9.7% | |
| 0.4 to 0.5 | 650 | 9.7% | |
| 0.5 to 0.6 | 277 | 4.1% | |
| 0.6 to 0.7 | 276 | 4.1% | |
| 0.7 to 0.8 | 22 | 0.3% | |
| 0.8 to 0.9 | 21 | 0.3% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of PEPG?
PepGen Inc. Common Stock (PEPG) has an average correlation of about 0.036 with other NASDAQ stocks, based on 6,701 pairwise observations.
Is PEPG positively correlated with other stocks?
Mostly yes — 56.5% of pairs are positive and 43.5% are negative. Strong positive correlations (≥0.7) make up 0.6%.
What is the most common correlation range for PEPG?
The most common range is 0.1 to 0.2. Weak correlations (−0.3 to 0.3) account for 48.2% of all pairs.
Explore the full interactive correlation distribution for PEPG.
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