SKGRW (SKGRW) Correlation Distribution
Across 6,002 rolling correlation observations between SKGRW (SKGRW) and other NASDAQ-listed stocks, 51.4% are positive and 48.6% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.042, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 8.6% and strong negative correlations (≤−0.7) for 2.1%.
- Total observations
- 6,002
- Mean correlation
- 0.042
- Most common range
- 0.5 to 0.6
- Positive pairs
- 51.4%
- Strong positive (≥0.7)
- 8.6%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 62 | 1.0% | |
| -0.8 to -0.7 | 61 | 1.0% | |
| -0.7 to -0.6 | 488 | 8.1% | |
| -0.6 to -0.5 | 488 | 8.1% | |
| -0.5 to -0.4 | 474 | 7.9% | |
| -0.4 to -0.3 | 473 | 7.9% | |
| -0.3 to -0.2 | 308 | 5.1% | |
| -0.2 to -0.1 | 307 | 5.1% | |
| -0.1 to 0.0 | 257 | 4.3% | |
| 0.0 to 0.1 | 256 | 4.3% | |
| 0.1 to 0.2 | 275 | 4.6% | |
| 0.2 to 0.3 | 275 | 4.6% | |
| 0.3 to 0.4 | 358 | 6.0% | |
| 0.4 to 0.5 | 358 | 6.0% | |
| 0.5 to 0.6 | 523 | 8.7% | |
| 0.6 to 0.7 | 522 | 8.7% | |
| 0.7 to 0.8 | 258 | 4.3% | |
| 0.8 to 0.9 | 258 | 4.3% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of SKGRW?
SKGRW (SKGRW) has an average correlation of about 0.042 with other NASDAQ stocks, based on 6,002 pairwise observations.
Is SKGRW positively correlated with other stocks?
Mostly yes — 51.4% of pairs are positive and 48.6% are negative. Strong positive correlations (≥0.7) make up 8.6%.
What is the most common correlation range for SKGRW?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 28% of all pairs.
Explore the full interactive correlation distribution for SKGRW.
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