PEV (PEV) Correlation Distribution
Across 6,670 rolling correlation observations between PEV (PEV) and other NASDAQ-listed stocks, 55.9% are positive and 44.1% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is 0.094, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 15.1% and strong negative correlations (≤−0.7) for 2.5%.
- Total observations
- 6,670
- Mean correlation
- 0.094
- Most common range
- -0.7 to -0.6
- Positive pairs
- 55.9%
- Strong positive (≥0.7)
- 15.1%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 83 | 1.2% | |
| -0.8 to -0.7 | 82 | 1.2% | |
| -0.7 to -0.6 | 515 | 7.7% | |
| -0.6 to -0.5 | 515 | 7.7% | |
| -0.5 to -0.4 | 415 | 6.2% | |
| -0.4 to -0.3 | 415 | 6.2% | |
| -0.3 to -0.2 | 312 | 4.7% | |
| -0.2 to -0.1 | 311 | 4.7% | |
| -0.1 to 0.0 | 295 | 4.4% | |
| 0.0 to 0.1 | 294 | 4.4% | |
| 0.1 to 0.2 | 354 | 5.3% | |
| 0.2 to 0.3 | 354 | 5.3% | |
| 0.3 to 0.4 | 369 | 5.5% | |
| 0.4 to 0.5 | 369 | 5.5% | |
| 0.5 to 0.6 | 491 | 7.4% | |
| 0.6 to 0.7 | 491 | 7.4% | |
| 0.7 to 0.8 | 495 | 7.4% | |
| 0.8 to 0.9 | 494 | 7.4% | |
| 0.9 to 1.0 | 16 | 0.2% |
Frequently asked questions
What is the average correlation of PEV?
PEV (PEV) has an average correlation of about 0.094 with other NASDAQ stocks, based on 6,670 pairwise observations.
Is PEV positively correlated with other stocks?
Mostly yes — 55.9% of pairs are positive and 44.1% are negative. Strong positive correlations (≥0.7) make up 15.1%.
What is the most common correlation range for PEV?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 28.8% of all pairs.
Explore the full interactive correlation distribution for PEV.
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