Super Group (SGHC) Limited (SGHC) Correlation Distribution
Across 6,765 rolling correlation observations between Super Group (SGHC) Limited (SGHC) and other NASDAQ-listed stocks, 70.4% are positive and 29.6% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.204, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 8.4% and strong negative correlations (≤−0.7) for 0.5%.
- Total observations
- 6,765
- Mean correlation
- 0.204
- Most common range
- 0.3 to 0.4
- Positive pairs
- 70.4%
- Strong positive (≥0.7)
- 8.4%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 17 | 0.3% | |
| -0.8 to -0.7 | 16 | 0.2% | |
| -0.7 to -0.6 | 171 | 2.5% | |
| -0.6 to -0.5 | 171 | 2.5% | |
| -0.5 to -0.4 | 261 | 3.9% | |
| -0.4 to -0.3 | 260 | 3.8% | |
| -0.3 to -0.2 | 340 | 5.0% | |
| -0.2 to -0.1 | 340 | 5.0% | |
| -0.1 to 0.0 | 425 | 6.3% | |
| 0.0 to 0.1 | 424 | 6.3% | |
| 0.1 to 0.2 | 609 | 9.0% | |
| 0.2 to 0.3 | 608 | 9.0% | |
| 0.3 to 0.4 | 711 | 10.5% | |
| 0.4 to 0.5 | 710 | 10.5% | |
| 0.5 to 0.6 | 566 | 8.4% | |
| 0.6 to 0.7 | 565 | 8.4% | |
| 0.7 to 0.8 | 266 | 3.9% | |
| 0.8 to 0.9 | 266 | 3.9% | |
| 0.9 to 1.0 | 39 | 0.6% |
Frequently asked questions
What is the average correlation of SGHC?
Super Group (SGHC) Limited (SGHC) has an average correlation of about 0.204 with other NASDAQ stocks, based on 6,765 pairwise observations.
Is SGHC positively correlated with other stocks?
Mostly yes — 70.4% of pairs are positive and 29.6% are negative. Strong positive correlations (≥0.7) make up 8.4%.
What is the most common correlation range for SGHC?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 40.6% of all pairs.
Explore the full interactive correlation distribution for SGHC.
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