PRUDENTIAL PLC ADS (REP 2 ORD SHARES) (PUK) Correlation Distribution
Across 6,809 rolling correlation observations between PRUDENTIAL PLC ADS (REP 2 ORD SHARES) (PUK) and other NASDAQ-listed stocks, 68.3% are positive and 31.7% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.27, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 31.7% and strong negative correlations (≤−0.7) for 3.7%.
- Total observations
- 6,809
- Mean correlation
- 0.27
- Most common range
- 0.7 to 0.8
- Positive pairs
- 68.3%
- Strong positive (≥0.7)
- 31.7%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 2 | 0.0% | |
| -0.9 to -0.8 | 125 | 1.8% | |
| -0.8 to -0.7 | 124 | 1.8% | |
| -0.7 to -0.6 | 364 | 5.3% | |
| -0.6 to -0.5 | 363 | 5.3% | |
| -0.5 to -0.4 | 257 | 3.8% | |
| -0.4 to -0.3 | 257 | 3.8% | |
| -0.3 to -0.2 | 228 | 3.3% | |
| -0.2 to -0.1 | 227 | 3.3% | |
| -0.1 to 0.0 | 209 | 3.1% | |
| 0.0 to 0.1 | 208 | 3.1% | |
| 0.1 to 0.2 | 253 | 3.7% | |
| 0.2 to 0.3 | 253 | 3.7% | |
| 0.3 to 0.4 | 319 | 4.7% | |
| 0.4 to 0.5 | 318 | 4.7% | |
| 0.5 to 0.6 | 573 | 8.4% | |
| 0.6 to 0.7 | 573 | 8.4% | |
| 0.7 to 0.8 | 1,059 | 15.6% | |
| 0.8 to 0.9 | 1,059 | 15.6% | |
| 0.9 to 1.0 | 38 | 0.6% |
Frequently asked questions
What is the average correlation of PUK?
PRUDENTIAL PLC ADS (REP 2 ORD SHARES) (PUK) has an average correlation of about 0.27 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is PUK positively correlated with other stocks?
Mostly yes — 68.3% of pairs are positive and 31.7% are negative. Strong positive correlations (≥0.7) make up 31.7%.
What is the most common correlation range for PUK?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 20.2% of all pairs.
Explore the full interactive correlation distribution for PUK.
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