Prudential Financial, Inc. 5.950% Junior Subordinated Notes due 2062 (PRH) Correlation Distribution
Across 6,608 rolling correlation observations between Prudential Financial, Inc. 5.950% Junior Subordinated Notes due 2062 (PRH) and other NASDAQ-listed stocks, 59.6% are positive and 40.4% are negative. The most common correlation range is 0.1 to 0.2, and the average pairwise correlation is 0.079, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 0.7% and strong negative correlations (≤−0.7) for 0%.
- Total observations
- 6,608
- Mean correlation
- 0.079
- Most common range
- 0.1 to 0.2
- Positive pairs
- 59.6%
- Strong positive (≥0.7)
- 0.7%
- Sector
- Life Insurance
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 2 | 0.0% | |
| -0.8 to -0.7 | 1 | 0.0% | |
| -0.7 to -0.6 | 53 | 0.8% | |
| -0.6 to -0.5 | 53 | 0.8% | |
| -0.5 to -0.4 | 415 | 6.3% | |
| -0.4 to -0.3 | 415 | 6.3% | |
| -0.3 to -0.2 | 528 | 8.0% | |
| -0.2 to -0.1 | 528 | 8.0% | |
| -0.1 to 0.0 | 672 | 10.2% | |
| 0.0 to 0.1 | 671 | 10.2% | |
| 0.1 to 0.2 | 733 | 11.1% | |
| 0.2 to 0.3 | 733 | 11.1% | |
| 0.3 to 0.4 | 625 | 9.5% | |
| 0.4 to 0.5 | 625 | 9.5% | |
| 0.5 to 0.6 | 255 | 3.9% | |
| 0.6 to 0.7 | 255 | 3.9% | |
| 0.7 to 0.8 | 22 | 0.3% | |
| 0.8 to 0.9 | 22 | 0.3% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of PRH?
Prudential Financial, Inc. 5.950% Junior Subordinated Notes due 2062 (PRH) has an average correlation of about 0.079 with other NASDAQ stocks, based on 6,608 pairwise observations.
Is PRH positively correlated with other stocks?
Mostly yes — 59.6% of pairs are positive and 40.4% are negative. Strong positive correlations (≥0.7) make up 0.7%.
What is the most common correlation range for PRH?
The most common range is 0.1 to 0.2. Weak correlations (−0.3 to 0.3) account for 58.5% of all pairs.
Explore the full interactive correlation distribution for PRH.
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