Schneider National, Inc. (SNDR) Correlation Distribution
Across 6,809 rolling correlation observations between Schneider National, Inc. (SNDR) and other NASDAQ-listed stocks, 42.6% are positive and 57.4% are negative. The most common correlation range is -0.3 to -0.2, and the average pairwise correlation is -0.03, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 0.1% and strong negative correlations (≤−0.7) for 0%.
- Total observations
- 6,809
- Mean correlation
- -0.03
- Most common range
- -0.3 to -0.2
- Positive pairs
- 42.6%
- Strong positive (≥0.7)
- 0.1%
- Sector
- Trucking (No Local)
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 1 | 0.0% | |
| -0.8 to -0.7 | 0 | 0.0% | |
| -0.7 to -0.6 | 10 | 0.1% | |
| -0.6 to -0.5 | 9 | 0.1% | |
| -0.5 to -0.4 | 423 | 6.2% | |
| -0.4 to -0.3 | 423 | 6.2% | |
| -0.3 to -0.2 | 1,185 | 17.4% | |
| -0.2 to -0.1 | 1,185 | 17.4% | |
| -0.1 to 0.0 | 675 | 9.9% | |
| 0.0 to 0.1 | 674 | 9.9% | |
| 0.1 to 0.2 | 709 | 10.4% | |
| 0.2 to 0.3 | 708 | 10.4% | |
| 0.3 to 0.4 | 366 | 5.4% | |
| 0.4 to 0.5 | 366 | 5.4% | |
| 0.5 to 0.6 | 34 | 0.5% | |
| 0.6 to 0.7 | 34 | 0.5% | |
| 0.7 to 0.8 | 4 | 0.1% | |
| 0.8 to 0.9 | 3 | 0.0% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of SNDR?
Schneider National, Inc. (SNDR) has an average correlation of about -0.03 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is SNDR positively correlated with other stocks?
Not predominantly — 42.6% of pairs are positive and 57.4% are negative. Strong positive correlations (≥0.7) make up 0.1%.
What is the most common correlation range for SNDR?
The most common range is -0.3 to -0.2. Weak correlations (−0.3 to 0.3) account for 75.4% of all pairs.
Explore the full interactive correlation distribution for SNDR.
Open interactive dashboard →