Wag! Group Co. Common Stock (PET) Correlation Distribution
Across 6,605 rolling correlation observations between Wag! Group Co. Common Stock (PET) and other NASDAQ-listed stocks, 55.2% are positive and 44.8% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.083, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 20.3% and strong negative correlations (≤−0.7) for 10.5%.
- Total observations
- 6,605
- Mean correlation
- 0.083
- Most common range
- 0.7 to 0.8
- Positive pairs
- 55.2%
- Strong positive (≥0.7)
- 20.3%
- Sector
- Services-Personal Services
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 6 | 0.1% | |
| -0.9 to -0.8 | 343 | 5.2% | |
| -0.8 to -0.7 | 342 | 5.2% | |
| -0.7 to -0.6 | 436 | 6.6% | |
| -0.6 to -0.5 | 435 | 6.6% | |
| -0.5 to -0.4 | 308 | 4.7% | |
| -0.4 to -0.3 | 307 | 4.6% | |
| -0.3 to -0.2 | 265 | 4.0% | |
| -0.2 to -0.1 | 264 | 4.0% | |
| -0.1 to 0.0 | 253 | 3.8% | |
| 0.0 to 0.1 | 253 | 3.8% | |
| 0.1 to 0.2 | 254 | 3.8% | |
| 0.2 to 0.3 | 254 | 3.8% | |
| 0.3 to 0.4 | 307 | 4.6% | |
| 0.4 to 0.5 | 306 | 4.6% | |
| 0.5 to 0.6 | 466 | 7.1% | |
| 0.6 to 0.7 | 466 | 7.1% | |
| 0.7 to 0.8 | 665 | 10.1% | |
| 0.8 to 0.9 | 664 | 10.1% | |
| 0.9 to 1.0 | 11 | 0.2% |
Frequently asked questions
What is the average correlation of PET?
Wag! Group Co. Common Stock (PET) has an average correlation of about 0.083 with other NASDAQ stocks, based on 6,605 pairwise observations.
Is PET positively correlated with other stocks?
Mostly yes — 55.2% of pairs are positive and 44.8% are negative. Strong positive correlations (≥0.7) make up 20.3%.
What is the most common correlation range for PET?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 23.4% of all pairs.
Explore the full interactive correlation distribution for PET.
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