Rollins, Inc. (ROL) Correlation Distribution
Across 6,809 rolling correlation observations between Rollins, Inc. (ROL) and other NASDAQ-listed stocks, 36.5% are positive and 63.5% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.108, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 12.1% and strong negative correlations (≤−0.7) for 7.2%.
- Total observations
- 6,809
- Mean correlation
- -0.108
- Most common range
- -0.7 to -0.6
- Positive pairs
- 36.5%
- Strong positive (≥0.7)
- 12.1%
- Sector
- Services-To Dwellings & Other Buildings
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 245 | 3.6% | |
| -0.8 to -0.7 | 244 | 3.6% | |
| -0.7 to -0.6 | 742 | 10.9% | |
| -0.6 to -0.5 | 741 | 10.9% | |
| -0.5 to -0.4 | 726 | 10.7% | |
| -0.4 to -0.3 | 726 | 10.7% | |
| -0.3 to -0.2 | 339 | 5.0% | |
| -0.2 to -0.1 | 338 | 5.0% | |
| -0.1 to 0.0 | 221 | 3.2% | |
| 0.0 to 0.1 | 221 | 3.2% | |
| 0.1 to 0.2 | 222 | 3.3% | |
| 0.2 to 0.3 | 222 | 3.3% | |
| 0.3 to 0.4 | 225 | 3.3% | |
| 0.4 to 0.5 | 224 | 3.3% | |
| 0.5 to 0.6 | 276 | 4.1% | |
| 0.6 to 0.7 | 276 | 4.1% | |
| 0.7 to 0.8 | 399 | 5.9% | |
| 0.8 to 0.9 | 398 | 5.8% | |
| 0.9 to 1.0 | 24 | 0.4% |
Frequently asked questions
What is the average correlation of ROL?
Rollins, Inc. (ROL) has an average correlation of about -0.108 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is ROL positively correlated with other stocks?
Not predominantly — 36.5% of pairs are positive and 63.5% are negative. Strong positive correlations (≥0.7) make up 12.1%.
What is the most common correlation range for ROL?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 23% of all pairs.
Explore the full interactive correlation distribution for ROL.
Open interactive dashboard →