Procter & Gamble Company (PG) Correlation Distribution
Across 6,809 rolling correlation observations between Procter & Gamble Company (PG) and other NASDAQ-listed stocks, 41.5% are positive and 58.5% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.06, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 10.5% and strong negative correlations (≤−0.7) for 4%.
- Total observations
- 6,809
- Mean correlation
- -0.06
- Most common range
- -0.7 to -0.6
- Positive pairs
- 41.5%
- Strong positive (≥0.7)
- 10.5%
- Sector
- Soap, Detergents, Cleang Preparations, Perfumes, Cosmetics
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 136 | 2.0% | |
| -0.8 to -0.7 | 136 | 2.0% | |
| -0.7 to -0.6 | 768 | 11.3% | |
| -0.6 to -0.5 | 767 | 11.3% | |
| -0.5 to -0.4 | 562 | 8.3% | |
| -0.4 to -0.3 | 562 | 8.3% | |
| -0.3 to -0.2 | 375 | 5.5% | |
| -0.2 to -0.1 | 374 | 5.5% | |
| -0.1 to 0.0 | 301 | 4.4% | |
| 0.0 to 0.1 | 301 | 4.4% | |
| 0.1 to 0.2 | 272 | 4.0% | |
| 0.2 to 0.3 | 272 | 4.0% | |
| 0.3 to 0.4 | 286 | 4.2% | |
| 0.4 to 0.5 | 285 | 4.2% | |
| 0.5 to 0.6 | 349 | 5.1% | |
| 0.6 to 0.7 | 349 | 5.1% | |
| 0.7 to 0.8 | 357 | 5.2% | |
| 0.8 to 0.9 | 356 | 5.2% | |
| 0.9 to 1.0 | 1 | 0.0% |
Frequently asked questions
What is the average correlation of PG?
Procter & Gamble Company (PG) has an average correlation of about -0.06 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is PG positively correlated with other stocks?
Not predominantly — 41.5% of pairs are positive and 58.5% are negative. Strong positive correlations (≥0.7) make up 10.5%.
What is the most common correlation range for PG?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 27.8% of all pairs.
Explore the full interactive correlation distribution for PG.
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