Postal Realty Trust, Inc (PSTL) Correlation Distribution
Across 6,809 rolling correlation observations between Postal Realty Trust, Inc (PSTL) and other NASDAQ-listed stocks, 72.3% are positive and 27.7% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.312, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 29.5% and strong negative correlations (≤−0.7) for 2%.
- Total observations
- 6,809
- Mean correlation
- 0.312
- Most common range
- 0.7 to 0.8
- Positive pairs
- 72.3%
- Strong positive (≥0.7)
- 29.5%
- Sector
- Real Estate Investment Trusts
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 68 | 1.0% | |
| -0.8 to -0.7 | 67 | 1.0% | |
| -0.7 to -0.6 | 242 | 3.6% | |
| -0.6 to -0.5 | 242 | 3.6% | |
| -0.5 to -0.4 | 290 | 4.3% | |
| -0.4 to -0.3 | 289 | 4.2% | |
| -0.3 to -0.2 | 236 | 3.5% | |
| -0.2 to -0.1 | 236 | 3.5% | |
| -0.1 to 0.0 | 218 | 3.2% | |
| 0.0 to 0.1 | 217 | 3.2% | |
| 0.1 to 0.2 | 276 | 4.1% | |
| 0.2 to 0.3 | 275 | 4.0% | |
| 0.3 to 0.4 | 421 | 6.2% | |
| 0.4 to 0.5 | 420 | 6.2% | |
| 0.5 to 0.6 | 650 | 9.5% | |
| 0.6 to 0.7 | 650 | 9.5% | |
| 0.7 to 0.8 | 954 | 14.0% | |
| 0.8 to 0.9 | 953 | 14.0% | |
| 0.9 to 1.0 | 105 | 1.5% |
Frequently asked questions
What is the average correlation of PSTL?
Postal Realty Trust, Inc (PSTL) has an average correlation of about 0.312 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is PSTL positively correlated with other stocks?
Mostly yes — 72.3% of pairs are positive and 27.7% are negative. Strong positive correlations (≥0.7) make up 29.5%.
What is the most common correlation range for PSTL?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 21.4% of all pairs.
Explore the full interactive correlation distribution for PSTL.
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