Southland Holdings, Inc. (SLND) Correlation Distribution
Across 6,205 rolling correlation observations between Southland Holdings, Inc. (SLND) and other NASDAQ-listed stocks, 47.9% are positive and 52.1% are negative. The most common correlation range is -0.9 to -0.8, and the average pairwise correlation is -0.004, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 23% and strong negative correlations (≤−0.7) for 20.1%.
- Total observations
- 6,205
- Mean correlation
- -0.004
- Most common range
- -0.9 to -0.8
- Positive pairs
- 47.9%
- Strong positive (≥0.7)
- 23%
- Sector
- Heavy Construction Other Than Bldg Const - Contractors
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 83 | 1.3% | |
| -0.9 to -0.8 | 583 | 9.4% | |
| -0.8 to -0.7 | 582 | 9.4% | |
| -0.7 to -0.6 | 413 | 6.7% | |
| -0.6 to -0.5 | 412 | 6.6% | |
| -0.5 to -0.4 | 276 | 4.4% | |
| -0.4 to -0.3 | 276 | 4.4% | |
| -0.3 to -0.2 | 217 | 3.5% | |
| -0.2 to -0.1 | 217 | 3.5% | |
| -0.1 to 0.0 | 173 | 2.8% | |
| 0.0 to 0.1 | 172 | 2.8% | |
| 0.1 to 0.2 | 185 | 3.0% | |
| 0.2 to 0.3 | 184 | 3.0% | |
| 0.3 to 0.4 | 192 | 3.1% | |
| 0.4 to 0.5 | 191 | 3.1% | |
| 0.5 to 0.6 | 312 | 5.0% | |
| 0.6 to 0.7 | 312 | 5.0% | |
| 0.7 to 0.8 | 563 | 9.1% | |
| 0.8 to 0.9 | 562 | 9.1% | |
| 0.9 to 1.0 | 300 | 4.8% |
Frequently asked questions
What is the average correlation of SLND?
Southland Holdings, Inc. (SLND) has an average correlation of about -0.004 with other NASDAQ stocks, based on 6,205 pairwise observations.
Is SLND positively correlated with other stocks?
Not predominantly — 47.9% of pairs are positive and 52.1% are negative. Strong positive correlations (≥0.7) make up 23%.
What is the most common correlation range for SLND?
The most common range is -0.9 to -0.8. Weak correlations (−0.3 to 0.3) account for 18.5% of all pairs.
Explore the full interactive correlation distribution for SLND.
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