SASR (SASR) Correlation Distribution
Across 6,806 rolling correlation observations between SASR (SASR) and other NASDAQ-listed stocks, 74.5% are positive and 25.5% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.297, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 17.6% and strong negative correlations (≤−0.7) for 2.2%.
- Total observations
- 6,806
- Mean correlation
- 0.297
- Most common range
- 0.5 to 0.6
- Positive pairs
- 74.5%
- Strong positive (≥0.7)
- 17.6%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 31 | 0.5% | |
| -0.9 to -0.8 | 60 | 0.9% | |
| -0.8 to -0.7 | 60 | 0.9% | |
| -0.7 to -0.6 | 98 | 1.4% | |
| -0.6 to -0.5 | 97 | 1.4% | |
| -0.5 to -0.4 | 223 | 3.3% | |
| -0.4 to -0.3 | 223 | 3.3% | |
| -0.3 to -0.2 | 317 | 4.7% | |
| -0.2 to -0.1 | 317 | 4.7% | |
| -0.1 to 0.0 | 312 | 4.6% | |
| 0.0 to 0.1 | 311 | 4.6% | |
| 0.1 to 0.2 | 381 | 5.6% | |
| 0.2 to 0.3 | 380 | 5.6% | |
| 0.3 to 0.4 | 575 | 8.4% | |
| 0.4 to 0.5 | 575 | 8.4% | |
| 0.5 to 0.6 | 823 | 12.1% | |
| 0.6 to 0.7 | 822 | 12.1% | |
| 0.7 to 0.8 | 564 | 8.3% | |
| 0.8 to 0.9 | 563 | 8.3% | |
| 0.9 to 1.0 | 74 | 1.1% |
Frequently asked questions
What is the average correlation of SASR?
SASR (SASR) has an average correlation of about 0.297 with other NASDAQ stocks, based on 6,806 pairwise observations.
Is SASR positively correlated with other stocks?
Mostly yes — 74.5% of pairs are positive and 25.5% are negative. Strong positive correlations (≥0.7) make up 17.6%.
What is the most common correlation range for SASR?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 29.7% of all pairs.
Explore the full interactive correlation distribution for SASR.
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