Perimeter Solutions, Inc. (PRM) Correlation Distribution
Across 6,795 rolling correlation observations between Perimeter Solutions, Inc. (PRM) and other NASDAQ-listed stocks, 75.7% are positive and 24.3% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.247, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 10.2% and strong negative correlations (≤−0.7) for 2.4%.
- Total observations
- 6,795
- Mean correlation
- 0.247
- Most common range
- 0.3 to 0.4
- Positive pairs
- 75.7%
- Strong positive (≥0.7)
- 10.2%
- Sector
- Chemicals & Allied Products
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 23 | 0.3% | |
| -0.9 to -0.8 | 71 | 1.0% | |
| -0.8 to -0.7 | 70 | 1.0% | |
| -0.7 to -0.6 | 111 | 1.6% | |
| -0.6 to -0.5 | 110 | 1.6% | |
| -0.5 to -0.4 | 187 | 2.8% | |
| -0.4 to -0.3 | 187 | 2.8% | |
| -0.3 to -0.2 | 261 | 3.8% | |
| -0.2 to -0.1 | 260 | 3.8% | |
| -0.1 to 0.0 | 371 | 5.5% | |
| 0.0 to 0.1 | 371 | 5.5% | |
| 0.1 to 0.2 | 592 | 8.7% | |
| 0.2 to 0.3 | 591 | 8.7% | |
| 0.3 to 0.4 | 826 | 12.2% | |
| 0.4 to 0.5 | 825 | 12.1% | |
| 0.5 to 0.6 | 624 | 9.2% | |
| 0.6 to 0.7 | 623 | 9.2% | |
| 0.7 to 0.8 | 337 | 5.0% | |
| 0.8 to 0.9 | 336 | 4.9% | |
| 0.9 to 1.0 | 19 | 0.3% |
Frequently asked questions
What is the average correlation of PRM?
Perimeter Solutions, Inc. (PRM) has an average correlation of about 0.247 with other NASDAQ stocks, based on 6,795 pairwise observations.
Is PRM positively correlated with other stocks?
Mostly yes — 75.7% of pairs are positive and 24.3% are negative. Strong positive correlations (≥0.7) make up 10.2%.
What is the most common correlation range for PRM?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 36% of all pairs.
Explore the full interactive correlation distribution for PRM.
Open interactive dashboard →