Principal Financial Group, Inc. (PFG) Correlation Distribution
Across 6,809 rolling correlation observations between Principal Financial Group, Inc. (PFG) and other NASDAQ-listed stocks, 41.9% are positive and 58.1% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.085, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 7.6% and strong negative correlations (≤−0.7) for 9.7%.
- Total observations
- 6,809
- Mean correlation
- -0.085
- Most common range
- -0.7 to -0.6
- Positive pairs
- 41.9%
- Strong positive (≥0.7)
- 7.6%
- Sector
- Accident & Health Insurance
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 330 | 4.8% | |
| -0.8 to -0.7 | 329 | 4.8% | |
| -0.7 to -0.6 | 598 | 8.8% | |
| -0.6 to -0.5 | 597 | 8.8% | |
| -0.5 to -0.4 | 530 | 7.8% | |
| -0.4 to -0.3 | 529 | 7.8% | |
| -0.3 to -0.2 | 366 | 5.4% | |
| -0.2 to -0.1 | 365 | 5.4% | |
| -0.1 to 0.0 | 311 | 4.6% | |
| 0.0 to 0.1 | 310 | 4.6% | |
| 0.1 to 0.2 | 329 | 4.8% | |
| 0.2 to 0.3 | 329 | 4.8% | |
| 0.3 to 0.4 | 325 | 4.8% | |
| 0.4 to 0.5 | 325 | 4.8% | |
| 0.5 to 0.6 | 360 | 5.3% | |
| 0.6 to 0.7 | 360 | 5.3% | |
| 0.7 to 0.8 | 254 | 3.7% | |
| 0.8 to 0.9 | 254 | 3.7% | |
| 0.9 to 1.0 | 8 | 0.1% |
Frequently asked questions
What is the average correlation of PFG?
Principal Financial Group, Inc. (PFG) has an average correlation of about -0.085 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is PFG positively correlated with other stocks?
Not predominantly — 41.9% of pairs are positive and 58.1% are negative. Strong positive correlations (≥0.7) make up 7.6%.
What is the most common correlation range for PFG?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 29.5% of all pairs.
Explore the full interactive correlation distribution for PFG.
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