Repay Holdings Corporation Class A Common Stock (RPAY) Correlation Distribution
Across 6,809 rolling correlation observations between Repay Holdings Corporation Class A Common Stock (RPAY) and other NASDAQ-listed stocks, 65.9% are positive and 34.1% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.265, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 35.3% and strong negative correlations (≤−0.7) for 5.6%.
- Total observations
- 6,809
- Mean correlation
- 0.265
- Most common range
- 0.7 to 0.8
- Positive pairs
- 65.9%
- Strong positive (≥0.7)
- 35.3%
- Sector
- Services-Business Services, Nec
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 16 | 0.2% | |
| -0.9 to -0.8 | 183 | 2.7% | |
| -0.8 to -0.7 | 182 | 2.7% | |
| -0.7 to -0.6 | 313 | 4.6% | |
| -0.6 to -0.5 | 312 | 4.6% | |
| -0.5 to -0.4 | 289 | 4.2% | |
| -0.4 to -0.3 | 289 | 4.2% | |
| -0.3 to -0.2 | 247 | 3.6% | |
| -0.2 to -0.1 | 247 | 3.6% | |
| -0.1 to 0.0 | 244 | 3.6% | |
| 0.0 to 0.1 | 244 | 3.6% | |
| 0.1 to 0.2 | 253 | 3.7% | |
| 0.2 to 0.3 | 252 | 3.7% | |
| 0.3 to 0.4 | 278 | 4.1% | |
| 0.4 to 0.5 | 278 | 4.1% | |
| 0.5 to 0.6 | 390 | 5.7% | |
| 0.6 to 0.7 | 389 | 5.7% | |
| 0.7 to 0.8 | 860 | 12.6% | |
| 0.8 to 0.9 | 860 | 12.6% | |
| 0.9 to 1.0 | 683 | 10.0% |
Frequently asked questions
What is the average correlation of RPAY?
Repay Holdings Corporation Class A Common Stock (RPAY) has an average correlation of about 0.265 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is RPAY positively correlated with other stocks?
Mostly yes — 65.9% of pairs are positive and 34.1% are negative. Strong positive correlations (≥0.7) make up 35.3%.
What is the most common correlation range for RPAY?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 21.8% of all pairs.
Explore the full interactive correlation distribution for RPAY.
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