PGTI (PGTI) Correlation Distribution
Across 6,586 rolling correlation observations between PGTI (PGTI) and other NASDAQ-listed stocks, 37.6% are positive and 62.4% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is -0.053, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 9.9% and strong negative correlations (≤−0.7) for 2.7%.
- Total observations
- 6,586
- Mean correlation
- -0.053
- Most common range
- -0.5 to -0.4
- Positive pairs
- 37.6%
- Strong positive (≥0.7)
- 9.9%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 4 | 0.1% | |
| -0.9 to -0.8 | 86 | 1.3% | |
| -0.8 to -0.7 | 86 | 1.3% | |
| -0.7 to -0.6 | 336 | 5.1% | |
| -0.6 to -0.5 | 335 | 5.1% | |
| -0.5 to -0.4 | 832 | 12.6% | |
| -0.4 to -0.3 | 832 | 12.6% | |
| -0.3 to -0.2 | 643 | 9.8% | |
| -0.2 to -0.1 | 642 | 9.7% | |
| -0.1 to 0.0 | 315 | 4.8% | |
| 0.0 to 0.1 | 315 | 4.8% | |
| 0.1 to 0.2 | 264 | 4.0% | |
| 0.2 to 0.3 | 264 | 4.0% | |
| 0.3 to 0.4 | 255 | 3.9% | |
| 0.4 to 0.5 | 255 | 3.9% | |
| 0.5 to 0.6 | 236 | 3.6% | |
| 0.6 to 0.7 | 236 | 3.6% | |
| 0.7 to 0.8 | 301 | 4.6% | |
| 0.8 to 0.9 | 301 | 4.6% | |
| 0.9 to 1.0 | 48 | 0.7% |
Frequently asked questions
What is the average correlation of PGTI?
PGTI (PGTI) has an average correlation of about -0.053 with other NASDAQ stocks, based on 6,586 pairwise observations.
Is PGTI positively correlated with other stocks?
Not predominantly — 37.6% of pairs are positive and 62.4% are negative. Strong positive correlations (≥0.7) make up 9.9%.
What is the most common correlation range for PGTI?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 37.1% of all pairs.
Explore the full interactive correlation distribution for PGTI.
Open interactive dashboard →