The RMR Group Inc. Class A Common Stock (RMR) Correlation Distribution
Across 6,809 rolling correlation observations between The RMR Group Inc. Class A Common Stock (RMR) and other NASDAQ-listed stocks, 69% are positive and 31% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.281, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 33.2% and strong negative correlations (≤−0.7) for 4%.
- Total observations
- 6,809
- Mean correlation
- 0.281
- Most common range
- 0.7 to 0.8
- Positive pairs
- 69%
- Strong positive (≥0.7)
- 33.2%
- Sector
- Services-Management Consulting Services
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 138 | 2.0% | |
| -0.8 to -0.7 | 137 | 2.0% | |
| -0.7 to -0.6 | 361 | 5.3% | |
| -0.6 to -0.5 | 361 | 5.3% | |
| -0.5 to -0.4 | 240 | 3.5% | |
| -0.4 to -0.3 | 239 | 3.5% | |
| -0.3 to -0.2 | 216 | 3.2% | |
| -0.2 to -0.1 | 215 | 3.2% | |
| -0.1 to 0.0 | 204 | 3.0% | |
| 0.0 to 0.1 | 203 | 3.0% | |
| 0.1 to 0.2 | 238 | 3.5% | |
| 0.2 to 0.3 | 237 | 3.5% | |
| 0.3 to 0.4 | 320 | 4.7% | |
| 0.4 to 0.5 | 319 | 4.7% | |
| 0.5 to 0.6 | 562 | 8.3% | |
| 0.6 to 0.7 | 561 | 8.2% | |
| 0.7 to 0.8 | 1,078 | 15.8% | |
| 0.8 to 0.9 | 1,077 | 15.8% | |
| 0.9 to 1.0 | 103 | 1.5% |
Frequently asked questions
What is the average correlation of RMR?
The RMR Group Inc. Class A Common Stock (RMR) has an average correlation of about 0.281 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is RMR positively correlated with other stocks?
Mostly yes — 69% of pairs are positive and 31% are negative. Strong positive correlations (≥0.7) make up 33.2%.
What is the most common correlation range for RMR?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 19.3% of all pairs.
Explore the full interactive correlation distribution for RMR.
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