Portland General Electric Company (POR) Correlation Distribution
Across 6,809 rolling correlation observations between Portland General Electric Company (POR) and other NASDAQ-listed stocks, 68.8% are positive and 31.2% are negative. The most common correlation range is 0.1 to 0.2, and the average pairwise correlation is 0.17, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 2.2% and strong negative correlations (≤−0.7) for 0.5%.
- Total observations
- 6,809
- Mean correlation
- 0.17
- Most common range
- 0.1 to 0.2
- Positive pairs
- 68.8%
- Strong positive (≥0.7)
- 2.2%
- Sector
- Electric Services
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 16 | 0.2% | |
| -0.8 to -0.7 | 15 | 0.2% | |
| -0.7 to -0.6 | 106 | 1.6% | |
| -0.6 to -0.5 | 105 | 1.5% | |
| -0.5 to -0.4 | 197 | 2.9% | |
| -0.4 to -0.3 | 196 | 2.9% | |
| -0.3 to -0.2 | 461 | 6.8% | |
| -0.2 to -0.1 | 460 | 6.8% | |
| -0.1 to 0.0 | 571 | 8.4% | |
| 0.0 to 0.1 | 571 | 8.4% | |
| 0.1 to 0.2 | 707 | 10.4% | |
| 0.2 to 0.3 | 707 | 10.4% | |
| 0.3 to 0.4 | 703 | 10.3% | |
| 0.4 to 0.5 | 703 | 10.3% | |
| 0.5 to 0.6 | 570 | 8.4% | |
| 0.6 to 0.7 | 569 | 8.4% | |
| 0.7 to 0.8 | 76 | 1.1% | |
| 0.8 to 0.9 | 76 | 1.1% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of POR?
Portland General Electric Company (POR) has an average correlation of about 0.17 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is POR positively correlated with other stocks?
Mostly yes — 68.8% of pairs are positive and 31.2% are negative. Strong positive correlations (≥0.7) make up 2.2%.
What is the most common correlation range for POR?
The most common range is 0.1 to 0.2. Weak correlations (−0.3 to 0.3) account for 51.1% of all pairs.
Explore the full interactive correlation distribution for POR.
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