Regis Corporation (RGS) Correlation Distribution
Across 6,809 rolling correlation observations between Regis Corporation (RGS) and other NASDAQ-listed stocks, 66.4% are positive and 33.6% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.246, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 27.1% and strong negative correlations (≤−0.7) for 2.5%.
- Total observations
- 6,809
- Mean correlation
- 0.246
- Most common range
- 0.7 to 0.8
- Positive pairs
- 66.4%
- Strong positive (≥0.7)
- 27.1%
- Sector
- Services-Personal Services
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 83 | 1.2% | |
| -0.8 to -0.7 | 83 | 1.2% | |
| -0.7 to -0.6 | 301 | 4.4% | |
| -0.6 to -0.5 | 301 | 4.4% | |
| -0.5 to -0.4 | 361 | 5.3% | |
| -0.4 to -0.3 | 360 | 5.3% | |
| -0.3 to -0.2 | 262 | 3.8% | |
| -0.2 to -0.1 | 262 | 3.8% | |
| -0.1 to 0.0 | 275 | 4.0% | |
| 0.0 to 0.1 | 274 | 4.0% | |
| 0.1 to 0.2 | 304 | 4.5% | |
| 0.2 to 0.3 | 303 | 4.4% | |
| 0.3 to 0.4 | 381 | 5.6% | |
| 0.4 to 0.5 | 380 | 5.6% | |
| 0.5 to 0.6 | 515 | 7.6% | |
| 0.6 to 0.7 | 515 | 7.6% | |
| 0.7 to 0.8 | 790 | 11.6% | |
| 0.8 to 0.9 | 789 | 11.6% | |
| 0.9 to 1.0 | 269 | 4.0% |
Frequently asked questions
What is the average correlation of RGS?
Regis Corporation (RGS) has an average correlation of about 0.246 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is RGS positively correlated with other stocks?
Mostly yes — 66.4% of pairs are positive and 33.6% are negative. Strong positive correlations (≥0.7) make up 27.1%.
What is the most common correlation range for RGS?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 24.7% of all pairs.
Explore the full interactive correlation distribution for RGS.
Open interactive dashboard →