Sonder Holdings Inc. Class A Common Stock (SOND) Correlation Distribution
Across 6,771 rolling correlation observations between Sonder Holdings Inc. Class A Common Stock (SOND) and other NASDAQ-listed stocks, 66.8% are positive and 33.2% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.265, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 27.8% and strong negative correlations (≤−0.7) for 1.2%.
- Total observations
- 6,771
- Mean correlation
- 0.265
- Most common range
- 0.7 to 0.8
- Positive pairs
- 66.8%
- Strong positive (≥0.7)
- 27.8%
- Sector
- Hotels, Rooming Houses, Camps & Other Lodging Places
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 41 | 0.6% | |
| -0.8 to -0.7 | 40 | 0.6% | |
| -0.7 to -0.6 | 298 | 4.4% | |
| -0.6 to -0.5 | 297 | 4.4% | |
| -0.5 to -0.4 | 378 | 5.6% | |
| -0.4 to -0.3 | 377 | 5.6% | |
| -0.3 to -0.2 | 284 | 4.2% | |
| -0.2 to -0.1 | 283 | 4.2% | |
| -0.1 to 0.0 | 252 | 3.7% | |
| 0.0 to 0.1 | 252 | 3.7% | |
| 0.1 to 0.2 | 251 | 3.7% | |
| 0.2 to 0.3 | 251 | 3.7% | |
| 0.3 to 0.4 | 363 | 5.4% | |
| 0.4 to 0.5 | 363 | 5.4% | |
| 0.5 to 0.6 | 578 | 8.5% | |
| 0.6 to 0.7 | 578 | 8.5% | |
| 0.7 to 0.8 | 819 | 12.1% | |
| 0.8 to 0.9 | 818 | 12.1% | |
| 0.9 to 1.0 | 248 | 3.7% |
Frequently asked questions
What is the average correlation of SOND?
Sonder Holdings Inc. Class A Common Stock (SOND) has an average correlation of about 0.265 with other NASDAQ stocks, based on 6,771 pairwise observations.
Is SOND positively correlated with other stocks?
Mostly yes — 66.8% of pairs are positive and 33.2% are negative. Strong positive correlations (≥0.7) make up 27.8%.
What is the most common correlation range for SOND?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 23.2% of all pairs.
Explore the full interactive correlation distribution for SOND.
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