SEACHANGE INTL INC (SEAC) Correlation Distribution
Across 6,755 rolling correlation observations between SEACHANGE INTL INC (SEAC) and other NASDAQ-listed stocks, 68.3% are positive and 31.7% 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 29.2% and strong negative correlations (≤−0.7) for 4.9%.
- Total observations
- 6,755
- Mean correlation
- 0.265
- Most common range
- 0.7 to 0.8
- Positive pairs
- 68.3%
- Strong positive (≥0.7)
- 29.2%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 165 | 2.4% | |
| -0.8 to -0.7 | 164 | 2.4% | |
| -0.7 to -0.6 | 317 | 4.7% | |
| -0.6 to -0.5 | 317 | 4.7% | |
| -0.5 to -0.4 | 251 | 3.7% | |
| -0.4 to -0.3 | 250 | 3.7% | |
| -0.3 to -0.2 | 229 | 3.4% | |
| -0.2 to -0.1 | 229 | 3.4% | |
| -0.1 to 0.0 | 217 | 3.2% | |
| 0.0 to 0.1 | 216 | 3.2% | |
| 0.1 to 0.2 | 228 | 3.4% | |
| 0.2 to 0.3 | 228 | 3.4% | |
| 0.3 to 0.4 | 343 | 5.1% | |
| 0.4 to 0.5 | 343 | 5.1% | |
| 0.5 to 0.6 | 644 | 9.5% | |
| 0.6 to 0.7 | 643 | 9.5% | |
| 0.7 to 0.8 | 957 | 14.2% | |
| 0.8 to 0.9 | 956 | 14.2% | |
| 0.9 to 1.0 | 58 | 0.9% |
Frequently asked questions
What is the average correlation of SEAC?
SEACHANGE INTL INC (SEAC) has an average correlation of about 0.265 with other NASDAQ stocks, based on 6,755 pairwise observations.
Is SEAC positively correlated with other stocks?
Mostly yes — 68.3% of pairs are positive and 31.7% are negative. Strong positive correlations (≥0.7) make up 29.2%.
What is the most common correlation range for SEAC?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 19.9% of all pairs.
Explore the full interactive correlation distribution for SEAC.
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