SharkNinja, Inc. (SN) Correlation Distribution
Across 5,892 rolling correlation observations between SharkNinja, Inc. (SN) and other NASDAQ-listed stocks, 56.2% are positive and 43.8% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.098, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 26.7% and strong negative correlations (≤−0.7) for 15.9%.
- Total observations
- 5,892
- Mean correlation
- 0.098
- Most common range
- 0.7 to 0.8
- Positive pairs
- 56.2%
- Strong positive (≥0.7)
- 26.7%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 30 | 0.5% | |
| -0.9 to -0.8 | 453 | 7.7% | |
| -0.8 to -0.7 | 452 | 7.7% | |
| -0.7 to -0.6 | 333 | 5.7% | |
| -0.6 to -0.5 | 332 | 5.6% | |
| -0.5 to -0.4 | 213 | 3.6% | |
| -0.4 to -0.3 | 212 | 3.6% | |
| -0.3 to -0.2 | 186 | 3.2% | |
| -0.2 to -0.1 | 185 | 3.1% | |
| -0.1 to 0.0 | 182 | 3.1% | |
| 0.0 to 0.1 | 181 | 3.1% | |
| 0.1 to 0.2 | 198 | 3.4% | |
| 0.2 to 0.3 | 198 | 3.4% | |
| 0.3 to 0.4 | 244 | 4.1% | |
| 0.4 to 0.5 | 244 | 4.1% | |
| 0.5 to 0.6 | 337 | 5.7% | |
| 0.6 to 0.7 | 337 | 5.7% | |
| 0.7 to 0.8 | 681 | 11.6% | |
| 0.8 to 0.9 | 681 | 11.6% | |
| 0.9 to 1.0 | 213 | 3.6% |
Frequently asked questions
What is the average correlation of SN?
SharkNinja, Inc. (SN) has an average correlation of about 0.098 with other NASDAQ stocks, based on 5,892 pairwise observations.
Is SN positively correlated with other stocks?
Mostly yes — 56.2% of pairs are positive and 43.8% are negative. Strong positive correlations (≥0.7) make up 26.7%.
What is the most common correlation range for SN?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 19.2% of all pairs.
Explore the full interactive correlation distribution for SN.
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