Safehold Inc. (SAFE) Correlation Distribution
Across 6,809 rolling correlation observations between Safehold Inc. (SAFE) and other NASDAQ-listed stocks, 68.8% are positive and 31.2% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.308, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 39.9% and strong negative correlations (≤−0.7) for 6.7%.
- Total observations
- 6,809
- Mean correlation
- 0.308
- Most common range
- 0.7 to 0.8
- Positive pairs
- 68.8%
- Strong positive (≥0.7)
- 39.9%
- Sector
- Real Estate Investment Trusts
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 2 | 0.0% | |
| -0.9 to -0.8 | 229 | 3.4% | |
| -0.8 to -0.7 | 228 | 3.3% | |
| -0.7 to -0.6 | 305 | 4.5% | |
| -0.6 to -0.5 | 304 | 4.5% | |
| -0.5 to -0.4 | 217 | 3.2% | |
| -0.4 to -0.3 | 217 | 3.2% | |
| -0.3 to -0.2 | 205 | 3.0% | |
| -0.2 to -0.1 | 205 | 3.0% | |
| -0.1 to 0.0 | 210 | 3.1% | |
| 0.0 to 0.1 | 210 | 3.1% | |
| 0.1 to 0.2 | 202 | 3.0% | |
| 0.2 to 0.3 | 201 | 3.0% | |
| 0.3 to 0.4 | 261 | 3.8% | |
| 0.4 to 0.5 | 261 | 3.8% | |
| 0.5 to 0.6 | 418 | 6.1% | |
| 0.6 to 0.7 | 418 | 6.1% | |
| 0.7 to 0.8 | 944 | 13.9% | |
| 0.8 to 0.9 | 943 | 13.8% | |
| 0.9 to 1.0 | 829 | 12.2% |
Frequently asked questions
What is the average correlation of SAFE?
Safehold Inc. (SAFE) has an average correlation of about 0.308 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is SAFE positively correlated with other stocks?
Mostly yes — 68.8% of pairs are positive and 31.2% are negative. Strong positive correlations (≥0.7) make up 39.9%.
What is the most common correlation range for SAFE?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 18.1% of all pairs.
Explore the full interactive correlation distribution for SAFE.
Open interactive dashboard →