Sonida Senior Living, Inc. (SNDA) Correlation Distribution
Across 6,781 rolling correlation observations between Sonida Senior Living, Inc. (SNDA) and other NASDAQ-listed stocks, 75.4% are positive and 24.6% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.228, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 6.9% and strong negative correlations (≤−0.7) for 1.6%.
- Total observations
- 6,781
- Mean correlation
- 0.228
- Most common range
- 0.3 to 0.4
- Positive pairs
- 75.4%
- Strong positive (≥0.7)
- 6.9%
- Sector
- Services-Nursing & Personal Care Facilities
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 55 | 0.8% | |
| -0.8 to -0.7 | 55 | 0.8% | |
| -0.7 to -0.6 | 123 | 1.8% | |
| -0.6 to -0.5 | 122 | 1.8% | |
| -0.5 to -0.4 | 193 | 2.8% | |
| -0.4 to -0.3 | 192 | 2.8% | |
| -0.3 to -0.2 | 253 | 3.7% | |
| -0.2 to -0.1 | 253 | 3.7% | |
| -0.1 to 0.0 | 421 | 6.2% | |
| 0.0 to 0.1 | 420 | 6.2% | |
| 0.1 to 0.2 | 668 | 9.9% | |
| 0.2 to 0.3 | 668 | 9.9% | |
| 0.3 to 0.4 | 860 | 12.7% | |
| 0.4 to 0.5 | 860 | 12.7% | |
| 0.5 to 0.6 | 585 | 8.6% | |
| 0.6 to 0.7 | 585 | 8.6% | |
| 0.7 to 0.8 | 219 | 3.2% | |
| 0.8 to 0.9 | 219 | 3.2% | |
| 0.9 to 1.0 | 29 | 0.4% |
Frequently asked questions
What is the average correlation of SNDA?
Sonida Senior Living, Inc. (SNDA) has an average correlation of about 0.228 with other NASDAQ stocks, based on 6,781 pairwise observations.
Is SNDA positively correlated with other stocks?
Mostly yes — 75.4% of pairs are positive and 24.6% are negative. Strong positive correlations (≥0.7) make up 6.9%.
What is the most common correlation range for SNDA?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 39.6% of all pairs.
Explore the full interactive correlation distribution for SNDA.
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