PROG Holdings, Inc. (PRG) Correlation Distribution
Across 6,808 rolling correlation observations between PROG Holdings, Inc. (PRG) and other NASDAQ-listed stocks, 74.7% are positive and 25.3% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.253, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 8% and strong negative correlations (≤−0.7) for 0.7%.
- Total observations
- 6,808
- Mean correlation
- 0.253
- Most common range
- 0.5 to 0.6
- Positive pairs
- 74.7%
- Strong positive (≥0.7)
- 8%
- Sector
- Services-Equipment Rental & Leasing, Nec
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 26 | 0.4% | |
| -0.8 to -0.7 | 25 | 0.4% | |
| -0.7 to -0.6 | 132 | 1.9% | |
| -0.6 to -0.5 | 131 | 1.9% | |
| -0.5 to -0.4 | 171 | 2.5% | |
| -0.4 to -0.3 | 171 | 2.5% | |
| -0.3 to -0.2 | 314 | 4.6% | |
| -0.2 to -0.1 | 313 | 4.6% | |
| -0.1 to 0.0 | 442 | 6.5% | |
| 0.0 to 0.1 | 441 | 6.5% | |
| 0.1 to 0.2 | 561 | 8.2% | |
| 0.2 to 0.3 | 561 | 8.2% | |
| 0.3 to 0.4 | 651 | 9.6% | |
| 0.4 to 0.5 | 650 | 9.5% | |
| 0.5 to 0.6 | 839 | 12.3% | |
| 0.6 to 0.7 | 838 | 12.3% | |
| 0.7 to 0.8 | 271 | 4.0% | |
| 0.8 to 0.9 | 271 | 4.0% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of PRG?
PROG Holdings, Inc. (PRG) has an average correlation of about 0.253 with other NASDAQ stocks, based on 6,808 pairwise observations.
Is PRG positively correlated with other stocks?
Mostly yes — 74.7% of pairs are positive and 25.3% are negative. Strong positive correlations (≥0.7) make up 8%.
What is the most common correlation range for PRG?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 38.7% of all pairs.
Explore the full interactive correlation distribution for PRG.
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