Sony Group Corporation American Depositary Shares (Each Representing One Share of Dollar Validated Common Stock) (SONY) Correlation Distribution
Across 6,806 rolling correlation observations between Sony Group Corporation American Depositary Shares (Each Representing One Share of Dollar Validated Common Stock) (SONY) and other NASDAQ-listed stocks, 75.8% are positive and 24.2% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.215, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 3.8% and strong negative correlations (≤−0.7) for 0.5%.
- Total observations
- 6,806
- Mean correlation
- 0.215
- Most common range
- 0.3 to 0.4
- Positive pairs
- 75.8%
- Strong positive (≥0.7)
- 3.8%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 16 | 0.2% | |
| -0.8 to -0.7 | 15 | 0.2% | |
| -0.7 to -0.6 | 95 | 1.4% | |
| -0.6 to -0.5 | 95 | 1.4% | |
| -0.5 to -0.4 | 217 | 3.2% | |
| -0.4 to -0.3 | 216 | 3.2% | |
| -0.3 to -0.2 | 287 | 4.2% | |
| -0.2 to -0.1 | 286 | 4.2% | |
| -0.1 to 0.0 | 419 | 6.2% | |
| 0.0 to 0.1 | 418 | 6.1% | |
| 0.1 to 0.2 | 810 | 11.9% | |
| 0.2 to 0.3 | 809 | 11.9% | |
| 0.3 to 0.4 | 899 | 13.2% | |
| 0.4 to 0.5 | 899 | 13.2% | |
| 0.5 to 0.6 | 532 | 7.8% | |
| 0.6 to 0.7 | 531 | 7.8% | |
| 0.7 to 0.8 | 131 | 1.9% | |
| 0.8 to 0.9 | 131 | 1.9% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of SONY?
Sony Group Corporation American Depositary Shares (Each Representing One Share of Dollar Validated Common Stock) (SONY) has an average correlation of about 0.215 with other NASDAQ stocks, based on 6,806 pairwise observations.
Is SONY positively correlated with other stocks?
Mostly yes — 75.8% of pairs are positive and 24.2% are negative. Strong positive correlations (≥0.7) make up 3.8%.
What is the most common correlation range for SONY?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 44.5% of all pairs.
Explore the full interactive correlation distribution for SONY.
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