SKGR (SKGR) Correlation Distribution
Across 6,241 rolling correlation observations between SKGR (SKGR) and other NASDAQ-listed stocks, 49.6% are positive and 50.4% are negative. The most common correlation range is -0.9 to -0.8, and the average pairwise correlation is -0.015, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 21.6% and strong negative correlations (≤−0.7) for 24.2%.
- Total observations
- 6,241
- Mean correlation
- -0.015
- Most common range
- -0.9 to -0.8
- Positive pairs
- 49.6%
- Strong positive (≥0.7)
- 21.6%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 186 | 3.0% | |
| -0.9 to -0.8 | 662 | 10.6% | |
| -0.8 to -0.7 | 662 | 10.6% | |
| -0.7 to -0.6 | 316 | 5.1% | |
| -0.6 to -0.5 | 316 | 5.1% | |
| -0.5 to -0.4 | 221 | 3.5% | |
| -0.4 to -0.3 | 220 | 3.5% | |
| -0.3 to -0.2 | 184 | 2.9% | |
| -0.2 to -0.1 | 184 | 2.9% | |
| -0.1 to 0.0 | 194 | 3.1% | |
| 0.0 to 0.1 | 194 | 3.1% | |
| 0.1 to 0.2 | 230 | 3.7% | |
| 0.2 to 0.3 | 229 | 3.7% | |
| 0.3 to 0.4 | 248 | 4.0% | |
| 0.4 to 0.5 | 248 | 4.0% | |
| 0.5 to 0.6 | 301 | 4.8% | |
| 0.6 to 0.7 | 300 | 4.8% | |
| 0.7 to 0.8 | 518 | 8.3% | |
| 0.8 to 0.9 | 518 | 8.3% | |
| 0.9 to 1.0 | 310 | 5.0% |
Frequently asked questions
What is the average correlation of SKGR?
SKGR (SKGR) has an average correlation of about -0.015 with other NASDAQ stocks, based on 6,241 pairwise observations.
Is SKGR positively correlated with other stocks?
Not predominantly — 49.6% of pairs are positive and 50.4% are negative. Strong positive correlations (≥0.7) make up 21.6%.
What is the most common correlation range for SKGR?
The most common range is -0.9 to -0.8. Weak correlations (−0.3 to 0.3) account for 19.5% of all pairs.
Explore the full interactive correlation distribution for SKGR.
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