PROC (PROC) Correlation Distribution
Across 6,772 rolling correlation observations between PROC (PROC) and other NASDAQ-listed stocks, 67.1% are positive and 32.9% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.249, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 34.1% and strong negative correlations (≤−0.7) for 11.7%.
- Total observations
- 6,772
- Mean correlation
- 0.249
- Most common range
- 0.7 to 0.8
- Positive pairs
- 67.1%
- Strong positive (≥0.7)
- 34.1%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 130 | 1.9% | |
| -0.9 to -0.8 | 330 | 4.9% | |
| -0.8 to -0.7 | 329 | 4.9% | |
| -0.7 to -0.6 | 256 | 3.8% | |
| -0.6 to -0.5 | 255 | 3.8% | |
| -0.5 to -0.4 | 200 | 3.0% | |
| -0.4 to -0.3 | 200 | 3.0% | |
| -0.3 to -0.2 | 169 | 2.5% | |
| -0.2 to -0.1 | 168 | 2.5% | |
| -0.1 to 0.0 | 188 | 2.8% | |
| 0.0 to 0.1 | 188 | 2.8% | |
| 0.1 to 0.2 | 180 | 2.7% | |
| 0.2 to 0.3 | 179 | 2.6% | |
| 0.3 to 0.4 | 289 | 4.3% | |
| 0.4 to 0.5 | 289 | 4.3% | |
| 0.5 to 0.6 | 557 | 8.2% | |
| 0.6 to 0.7 | 557 | 8.2% | |
| 0.7 to 0.8 | 984 | 14.5% | |
| 0.8 to 0.9 | 984 | 14.5% | |
| 0.9 to 1.0 | 340 | 5.0% |
Frequently asked questions
What is the average correlation of PROC?
PROC (PROC) has an average correlation of about 0.249 with other NASDAQ stocks, based on 6,772 pairwise observations.
Is PROC positively correlated with other stocks?
Mostly yes — 67.1% of pairs are positive and 32.9% are negative. Strong positive correlations (≥0.7) make up 34.1%.
What is the most common correlation range for PROC?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 15.8% of all pairs.
Explore the full interactive correlation distribution for PROC.
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