Simon Property Group, Inc. (SPG) Correlation Distribution
Across 6,809 rolling correlation observations between Simon Property Group, Inc. (SPG) and other NASDAQ-listed stocks, 52.9% are positive and 47.1% are negative. The most common correlation range is -0.3 to -0.2, and the average pairwise correlation is 0.098, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 15.4% and strong negative correlations (≤−0.7) for 1.8%.
- Total observations
- 6,809
- Mean correlation
- 0.098
- Most common range
- -0.3 to -0.2
- Positive pairs
- 52.9%
- Strong positive (≥0.7)
- 15.4%
- Sector
- Real Estate Investment Trusts
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 62 | 0.9% | |
| -0.8 to -0.7 | 62 | 0.9% | |
| -0.7 to -0.6 | 300 | 4.4% | |
| -0.6 to -0.5 | 300 | 4.4% | |
| -0.5 to -0.4 | 486 | 7.1% | |
| -0.4 to -0.3 | 485 | 7.1% | |
| -0.3 to -0.2 | 546 | 8.0% | |
| -0.2 to -0.1 | 546 | 8.0% | |
| -0.1 to 0.0 | 417 | 6.1% | |
| 0.0 to 0.1 | 416 | 6.1% | |
| 0.1 to 0.2 | 331 | 4.9% | |
| 0.2 to 0.3 | 330 | 4.8% | |
| 0.3 to 0.4 | 327 | 4.8% | |
| 0.4 to 0.5 | 326 | 4.8% | |
| 0.5 to 0.6 | 414 | 6.1% | |
| 0.6 to 0.7 | 414 | 6.1% | |
| 0.7 to 0.8 | 494 | 7.3% | |
| 0.8 to 0.9 | 494 | 7.3% | |
| 0.9 to 1.0 | 58 | 0.9% |
Frequently asked questions
What is the average correlation of SPG?
Simon Property Group, Inc. (SPG) has an average correlation of about 0.098 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is SPG positively correlated with other stocks?
Mostly yes — 52.9% of pairs are positive and 47.1% are negative. Strong positive correlations (≥0.7) make up 15.4%.
What is the most common correlation range for SPG?
The most common range is -0.3 to -0.2. Weak correlations (−0.3 to 0.3) account for 38% of all pairs.
Explore the full interactive correlation distribution for SPG.
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