Sotera Health Company Common Stock (SHC) Correlation Distribution
Across 6,808 rolling correlation observations between Sotera Health Company Common Stock (SHC) and other NASDAQ-listed stocks, 70.4% are positive and 29.6% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.298, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 29.1% and strong negative correlations (≤−0.7) for 1.6%.
- Total observations
- 6,808
- Mean correlation
- 0.298
- Most common range
- 0.7 to 0.8
- Positive pairs
- 70.4%
- Strong positive (≥0.7)
- 29.1%
- Sector
- Services-Misc Health & Allied Services, Nec
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 54 | 0.8% | |
| -0.8 to -0.7 | 53 | 0.8% | |
| -0.7 to -0.6 | 255 | 3.7% | |
| -0.6 to -0.5 | 254 | 3.7% | |
| -0.5 to -0.4 | 297 | 4.4% | |
| -0.4 to -0.3 | 296 | 4.3% | |
| -0.3 to -0.2 | 274 | 4.0% | |
| -0.2 to -0.1 | 274 | 4.0% | |
| -0.1 to 0.0 | 255 | 3.7% | |
| 0.0 to 0.1 | 255 | 3.7% | |
| 0.1 to 0.2 | 260 | 3.8% | |
| 0.2 to 0.3 | 259 | 3.8% | |
| 0.3 to 0.4 | 359 | 5.3% | |
| 0.4 to 0.5 | 359 | 5.3% | |
| 0.5 to 0.6 | 662 | 9.7% | |
| 0.6 to 0.7 | 661 | 9.7% | |
| 0.7 to 0.8 | 990 | 14.5% | |
| 0.8 to 0.9 | 989 | 14.5% | |
| 0.9 to 1.0 | 2 | 0.0% |
Frequently asked questions
What is the average correlation of SHC?
Sotera Health Company Common Stock (SHC) has an average correlation of about 0.298 with other NASDAQ stocks, based on 6,808 pairwise observations.
Is SHC 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 29.1%.
What is the most common correlation range for SHC?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 23.2% of all pairs.
Explore the full interactive correlation distribution for SHC.
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