Sachem Capital Corp. Common Shares (SACH) Correlation Distribution
Across 6,809 rolling correlation observations between Sachem Capital Corp. Common Shares (SACH) and other NASDAQ-listed stocks, 68% are positive and 32% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.217, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 18.3% and strong negative correlations (≤−0.7) for 7.3%.
- Total observations
- 6,809
- Mean correlation
- 0.217
- Most common range
- 0.5 to 0.6
- Positive pairs
- 68%
- Strong positive (≥0.7)
- 18.3%
- Sector
- Real Estate Investment Trusts
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 4 | 0.1% | |
| -0.9 to -0.8 | 248 | 3.6% | |
| -0.8 to -0.7 | 247 | 3.6% | |
| -0.7 to -0.6 | 300 | 4.4% | |
| -0.6 to -0.5 | 300 | 4.4% | |
| -0.5 to -0.4 | 214 | 3.1% | |
| -0.4 to -0.3 | 213 | 3.1% | |
| -0.3 to -0.2 | 211 | 3.1% | |
| -0.2 to -0.1 | 211 | 3.1% | |
| -0.1 to 0.0 | 229 | 3.4% | |
| 0.0 to 0.1 | 229 | 3.4% | |
| 0.1 to 0.2 | 265 | 3.9% | |
| 0.2 to 0.3 | 265 | 3.9% | |
| 0.3 to 0.4 | 475 | 7.0% | |
| 0.4 to 0.5 | 474 | 7.0% | |
| 0.5 to 0.6 | 841 | 12.4% | |
| 0.6 to 0.7 | 840 | 12.3% | |
| 0.7 to 0.8 | 602 | 8.8% | |
| 0.8 to 0.9 | 601 | 8.8% | |
| 0.9 to 1.0 | 40 | 0.6% |
Frequently asked questions
What is the average correlation of SACH?
Sachem Capital Corp. Common Shares (SACH) has an average correlation of about 0.217 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is SACH positively correlated with other stocks?
Mostly yes — 68% of pairs are positive and 32% are negative. Strong positive correlations (≥0.7) make up 18.3%.
What is the most common correlation range for SACH?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 20.7% of all pairs.
Explore the full interactive correlation distribution for SACH.
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