Sotherly Hotels Inc. 8.25% Series D Cumulative Redeemable Perpetual Preferred Stock (SOHON) Correlation Distribution
Across 6,702 rolling correlation observations between Sotherly Hotels Inc. 8.25% Series D Cumulative Redeemable Perpetual Preferred Stock (SOHON) and other NASDAQ-listed stocks, 43.7% are positive and 56.3% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is -0.061, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 4.7% and strong negative correlations (≤−0.7) for 4.4%.
- Total observations
- 6,702
- Mean correlation
- -0.061
- Most common range
- -0.5 to -0.4
- Positive pairs
- 43.7%
- Strong positive (≥0.7)
- 4.7%
- Sector
- Real Estate Investment Trusts
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 5 | 0.1% | |
| -0.9 to -0.8 | 144 | 2.1% | |
| -0.8 to -0.7 | 144 | 2.1% | |
| -0.7 to -0.6 | 511 | 7.6% | |
| -0.6 to -0.5 | 511 | 7.6% | |
| -0.5 to -0.4 | 588 | 8.8% | |
| -0.4 to -0.3 | 588 | 8.8% | |
| -0.3 to -0.2 | 444 | 6.6% | |
| -0.2 to -0.1 | 444 | 6.6% | |
| -0.1 to 0.0 | 393 | 5.9% | |
| 0.0 to 0.1 | 392 | 5.8% | |
| 0.1 to 0.2 | 422 | 6.3% | |
| 0.2 to 0.3 | 421 | 6.3% | |
| 0.3 to 0.4 | 399 | 6.0% | |
| 0.4 to 0.5 | 398 | 5.9% | |
| 0.5 to 0.6 | 293 | 4.4% | |
| 0.6 to 0.7 | 293 | 4.4% | |
| 0.7 to 0.8 | 152 | 2.3% | |
| 0.8 to 0.9 | 151 | 2.3% | |
| 0.9 to 1.0 | 9 | 0.1% |
Frequently asked questions
What is the average correlation of SOHON?
Sotherly Hotels Inc. 8.25% Series D Cumulative Redeemable Perpetual Preferred Stock (SOHON) has an average correlation of about -0.061 with other NASDAQ stocks, based on 6,702 pairwise observations.
Is SOHON positively correlated with other stocks?
Not predominantly — 43.7% of pairs are positive and 56.3% are negative. Strong positive correlations (≥0.7) make up 4.7%.
What is the most common correlation range for SOHON?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 37.5% of all pairs.
Explore the full interactive correlation distribution for SOHON.
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