Planet Green Holdings Corp. (PLAG) Correlation Distribution
Across 6,806 rolling correlation observations between Planet Green Holdings Corp. (PLAG) and other NASDAQ-listed stocks, 63.8% are positive and 36.2% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.211, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 31.5% and strong negative correlations (≤−0.7) for 9.8%.
- Total observations
- 6,806
- Mean correlation
- 0.211
- Most common range
- 0.7 to 0.8
- Positive pairs
- 63.8%
- Strong positive (≥0.7)
- 31.5%
- Sector
- Canned, Frozen & Preservd Fruit, Veg & Food Specialties
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 10 | 0.1% | |
| -0.9 to -0.8 | 330 | 4.8% | |
| -0.8 to -0.7 | 329 | 4.8% | |
| -0.7 to -0.6 | 370 | 5.4% | |
| -0.6 to -0.5 | 370 | 5.4% | |
| -0.5 to -0.4 | 217 | 3.2% | |
| -0.4 to -0.3 | 216 | 3.2% | |
| -0.3 to -0.2 | 207 | 3.0% | |
| -0.2 to -0.1 | 207 | 3.0% | |
| -0.1 to 0.0 | 210 | 3.1% | |
| 0.0 to 0.1 | 209 | 3.1% | |
| 0.1 to 0.2 | 225 | 3.3% | |
| 0.2 to 0.3 | 224 | 3.3% | |
| 0.3 to 0.4 | 281 | 4.1% | |
| 0.4 to 0.5 | 281 | 4.1% | |
| 0.5 to 0.6 | 487 | 7.2% | |
| 0.6 to 0.7 | 486 | 7.1% | |
| 0.7 to 0.8 | 877 | 12.9% | |
| 0.8 to 0.9 | 877 | 12.9% | |
| 0.9 to 1.0 | 393 | 5.8% |
Frequently asked questions
What is the average correlation of PLAG?
Planet Green Holdings Corp. (PLAG) has an average correlation of about 0.211 with other NASDAQ stocks, based on 6,806 pairwise observations.
Is PLAG positively correlated with other stocks?
Mostly yes — 63.8% of pairs are positive and 36.2% are negative. Strong positive correlations (≥0.7) make up 31.5%.
What is the most common correlation range for PLAG?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 18.8% of all pairs.
Explore the full interactive correlation distribution for PLAG.
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