Sotherly Hotels Inc. 7.875 Percent Series C Cumulative Redeemable Perpetual Preferred Stock (SOHOO) Correlation Distribution
Across 6,645 rolling correlation observations between Sotherly Hotels Inc. 7.875 Percent Series C Cumulative Redeemable Perpetual Preferred Stock (SOHOO) and other NASDAQ-listed stocks, 43.2% are positive and 56.8% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.07, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 5% and strong negative correlations (≤−0.7) for 5.3%.
- Total observations
- 6,645
- Mean correlation
- -0.07
- Most common range
- -0.7 to -0.6
- Positive pairs
- 43.2%
- Strong positive (≥0.7)
- 5%
- Sector
- Real Estate Investment Trusts
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 4 | 0.1% | |
| -0.9 to -0.8 | 174 | 2.6% | |
| -0.8 to -0.7 | 173 | 2.6% | |
| -0.7 to -0.6 | 560 | 8.4% | |
| -0.6 to -0.5 | 560 | 8.4% | |
| -0.5 to -0.4 | 560 | 8.4% | |
| -0.4 to -0.3 | 560 | 8.4% | |
| -0.3 to -0.2 | 413 | 6.2% | |
| -0.2 to -0.1 | 412 | 6.2% | |
| -0.1 to 0.0 | 359 | 5.4% | |
| 0.0 to 0.1 | 358 | 5.4% | |
| 0.1 to 0.2 | 404 | 6.1% | |
| 0.2 to 0.3 | 403 | 6.1% | |
| 0.3 to 0.4 | 380 | 5.7% | |
| 0.4 to 0.5 | 379 | 5.7% | |
| 0.5 to 0.6 | 306 | 4.6% | |
| 0.6 to 0.7 | 305 | 4.6% | |
| 0.7 to 0.8 | 164 | 2.5% | |
| 0.8 to 0.9 | 163 | 2.5% | |
| 0.9 to 1.0 | 8 | 0.1% |
Frequently asked questions
What is the average correlation of SOHOO?
Sotherly Hotels Inc. 7.875 Percent Series C Cumulative Redeemable Perpetual Preferred Stock (SOHOO) has an average correlation of about -0.07 with other NASDAQ stocks, based on 6,645 pairwise observations.
Is SOHOO positively correlated with other stocks?
Not predominantly — 43.2% of pairs are positive and 56.8% are negative. Strong positive correlations (≥0.7) make up 5%.
What is the most common correlation range for SOHOO?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 35.3% of all pairs.
Explore the full interactive correlation distribution for SOHOO.
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