Prudential Financial, Inc. (PRU) Correlation Distribution
Across 6,809 rolling correlation observations between Prudential Financial, Inc. (PRU) and other NASDAQ-listed stocks, 56.1% are positive and 43.9% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.105, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 8.4% and strong negative correlations (≤−0.7) for 0.9%.
- Total observations
- 6,809
- Mean correlation
- 0.105
- Most common range
- 0.5 to 0.6
- Positive pairs
- 56.1%
- Strong positive (≥0.7)
- 8.4%
- Sector
- Life Insurance
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 32 | 0.5% | |
| -0.8 to -0.7 | 31 | 0.5% | |
| -0.7 to -0.6 | 249 | 3.7% | |
| -0.6 to -0.5 | 249 | 3.7% | |
| -0.5 to -0.4 | 448 | 6.6% | |
| -0.4 to -0.3 | 447 | 6.6% | |
| -0.3 to -0.2 | 514 | 7.5% | |
| -0.2 to -0.1 | 513 | 7.5% | |
| -0.1 to 0.0 | 504 | 7.4% | |
| 0.0 to 0.1 | 503 | 7.4% | |
| 0.1 to 0.2 | 396 | 5.8% | |
| 0.2 to 0.3 | 396 | 5.8% | |
| 0.3 to 0.4 | 410 | 6.0% | |
| 0.4 to 0.5 | 409 | 6.0% | |
| 0.5 to 0.6 | 567 | 8.3% | |
| 0.6 to 0.7 | 566 | 8.3% | |
| 0.7 to 0.8 | 280 | 4.1% | |
| 0.8 to 0.9 | 279 | 4.1% | |
| 0.9 to 1.0 | 15 | 0.2% |
Frequently asked questions
What is the average correlation of PRU?
Prudential Financial, Inc. (PRU) has an average correlation of about 0.105 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is PRU positively correlated with other stocks?
Mostly yes — 56.1% of pairs are positive and 43.9% are negative. Strong positive correlations (≥0.7) make up 8.4%.
What is the most common correlation range for PRU?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 41.5% of all pairs.
Explore the full interactive correlation distribution for PRU.
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