Sturm, Ruger & Company, Inc. (RGR) Correlation Distribution
Across 6,809 rolling correlation observations between Sturm, Ruger & Company, Inc. (RGR) and other NASDAQ-listed stocks, 66.3% are positive and 33.7% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.229, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 31.9% and strong negative correlations (≤−0.7) for 11.7%.
- Total observations
- 6,809
- Mean correlation
- 0.229
- Most common range
- 0.7 to 0.8
- Positive pairs
- 66.3%
- Strong positive (≥0.7)
- 31.9%
- Sector
- Ordnance & Accessories, (No Vehicles/Guided Missiles)
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 29 | 0.4% | |
| -0.9 to -0.8 | 385 | 5.7% | |
| -0.8 to -0.7 | 384 | 5.6% | |
| -0.7 to -0.6 | 270 | 4.0% | |
| -0.6 to -0.5 | 270 | 4.0% | |
| -0.5 to -0.4 | 201 | 3.0% | |
| -0.4 to -0.3 | 201 | 3.0% | |
| -0.3 to -0.2 | 181 | 2.7% | |
| -0.2 to -0.1 | 181 | 2.7% | |
| -0.1 to 0.0 | 196 | 2.9% | |
| 0.0 to 0.1 | 195 | 2.9% | |
| 0.1 to 0.2 | 205 | 3.0% | |
| 0.2 to 0.3 | 205 | 3.0% | |
| 0.3 to 0.4 | 286 | 4.2% | |
| 0.4 to 0.5 | 285 | 4.2% | |
| 0.5 to 0.6 | 580 | 8.5% | |
| 0.6 to 0.7 | 580 | 8.5% | |
| 0.7 to 0.8 | 1,034 | 15.2% | |
| 0.8 to 0.9 | 1,034 | 15.2% | |
| 0.9 to 1.0 | 107 | 1.6% |
Frequently asked questions
What is the average correlation of RGR?
Sturm, Ruger & Company, Inc. (RGR) has an average correlation of about 0.229 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is RGR positively correlated with other stocks?
Mostly yes — 66.3% of pairs are positive and 33.7% are negative. Strong positive correlations (≥0.7) make up 31.9%.
What is the most common correlation range for RGR?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 17.1% of all pairs.
Explore the full interactive correlation distribution for RGR.
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