Pinterest, Inc. Class A Common Stock (PINS) Correlation Distribution
Across 6,809 rolling correlation observations between Pinterest, Inc. Class A Common Stock (PINS) and other NASDAQ-listed stocks, 66.6% are positive and 33.4% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.236, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 18.2% and strong negative correlations (≤−0.7) for 0.4%.
- Total observations
- 6,809
- Mean correlation
- 0.236
- Most common range
- 0.5 to 0.6
- Positive pairs
- 66.6%
- Strong positive (≥0.7)
- 18.2%
- Sector
- Services-Computer Programming, Data Processing, Etc.
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 13 | 0.2% | |
| -0.8 to -0.7 | 12 | 0.2% | |
| -0.7 to -0.6 | 176 | 2.6% | |
| -0.6 to -0.5 | 176 | 2.6% | |
| -0.5 to -0.4 | 321 | 4.7% | |
| -0.4 to -0.3 | 320 | 4.7% | |
| -0.3 to -0.2 | 447 | 6.6% | |
| -0.2 to -0.1 | 447 | 6.6% | |
| -0.1 to 0.0 | 359 | 5.3% | |
| 0.0 to 0.1 | 359 | 5.3% | |
| 0.1 to 0.2 | 394 | 5.8% | |
| 0.2 to 0.3 | 393 | 5.8% | |
| 0.3 to 0.4 | 425 | 6.2% | |
| 0.4 to 0.5 | 424 | 6.2% | |
| 0.5 to 0.6 | 652 | 9.6% | |
| 0.6 to 0.7 | 652 | 9.6% | |
| 0.7 to 0.8 | 603 | 8.9% | |
| 0.8 to 0.9 | 603 | 8.9% | |
| 0.9 to 1.0 | 33 | 0.5% |
Frequently asked questions
What is the average correlation of PINS?
Pinterest, Inc. Class A Common Stock (PINS) has an average correlation of about 0.236 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is PINS positively correlated with other stocks?
Mostly yes — 66.6% of pairs are positive and 33.4% are negative. Strong positive correlations (≥0.7) make up 18.2%.
What is the most common correlation range for PINS?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 35.2% of all pairs.
Explore the full interactive correlation distribution for PINS.
Open interactive dashboard →