Revvity, Inc. (RVTY) Correlation Distribution
Across 6,028 rolling correlation observations between Revvity, Inc. (RVTY) and other NASDAQ-listed stocks, 75.7% are positive and 24.3% are negative. The most common correlation range is 0.1 to 0.2, and the average pairwise correlation is 0.177, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 0.7% and strong negative correlations (≤−0.7) for 0%.
- Total observations
- 6,028
- Mean correlation
- 0.177
- Most common range
- 0.1 to 0.2
- Positive pairs
- 75.7%
- Strong positive (≥0.7)
- 0.7%
- Sector
- Laboratory Analytical Instruments
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 2 | 0.0% | |
| -0.8 to -0.7 | 1 | 0.0% | |
| -0.7 to -0.6 | 7 | 0.1% | |
| -0.6 to -0.5 | 6 | 0.1% | |
| -0.5 to -0.4 | 69 | 1.1% | |
| -0.4 to -0.3 | 68 | 1.1% | |
| -0.3 to -0.2 | 282 | 4.7% | |
| -0.2 to -0.1 | 281 | 4.7% | |
| -0.1 to 0.0 | 746 | 12.4% | |
| 0.0 to 0.1 | 745 | 12.4% | |
| 0.1 to 0.2 | 1,007 | 16.7% | |
| 0.2 to 0.3 | 1,006 | 16.7% | |
| 0.3 to 0.4 | 631 | 10.5% | |
| 0.4 to 0.5 | 631 | 10.5% | |
| 0.5 to 0.6 | 253 | 4.2% | |
| 0.6 to 0.7 | 253 | 4.2% | |
| 0.7 to 0.8 | 20 | 0.3% | |
| 0.8 to 0.9 | 20 | 0.3% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of RVTY?
Revvity, Inc. (RVTY) has an average correlation of about 0.177 with other NASDAQ stocks, based on 6,028 pairwise observations.
Is RVTY positively correlated with other stocks?
Mostly yes — 75.7% of pairs are positive and 24.3% are negative. Strong positive correlations (≥0.7) make up 0.7%.
What is the most common correlation range for RVTY?
The most common range is 0.1 to 0.2. Weak correlations (−0.3 to 0.3) account for 67.5% of all pairs.
Explore the full interactive correlation distribution for RVTY.
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