S&P Global Inc. (SPGI) Correlation Distribution
Across 6,809 rolling correlation observations between S&P Global Inc. (SPGI) and other NASDAQ-listed stocks, 51.3% are positive and 48.7% are negative. The most common correlation range is -0.3 to -0.2, and the average pairwise correlation is 0.078, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 12.8% and strong negative correlations (≤−0.7) for 1.9%.
- Total observations
- 6,809
- Mean correlation
- 0.078
- Most common range
- -0.3 to -0.2
- Positive pairs
- 51.3%
- Strong positive (≥0.7)
- 12.8%
- Sector
- Services-Consumer Credit Reporting, Collection Agencies
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 2 | 0.0% | |
| -0.9 to -0.8 | 65 | 1.0% | |
| -0.8 to -0.7 | 65 | 1.0% | |
| -0.7 to -0.6 | 212 | 3.1% | |
| -0.6 to -0.5 | 212 | 3.1% | |
| -0.5 to -0.4 | 564 | 8.3% | |
| -0.4 to -0.3 | 563 | 8.3% | |
| -0.3 to -0.2 | 579 | 8.5% | |
| -0.2 to -0.1 | 579 | 8.5% | |
| -0.1 to 0.0 | 474 | 7.0% | |
| 0.0 to 0.1 | 474 | 7.0% | |
| 0.1 to 0.2 | 347 | 5.1% | |
| 0.2 to 0.3 | 347 | 5.1% | |
| 0.3 to 0.4 | 351 | 5.2% | |
| 0.4 to 0.5 | 351 | 5.2% | |
| 0.5 to 0.6 | 377 | 5.5% | |
| 0.6 to 0.7 | 377 | 5.5% | |
| 0.7 to 0.8 | 423 | 6.2% | |
| 0.8 to 0.9 | 423 | 6.2% | |
| 0.9 to 1.0 | 24 | 0.4% |
Frequently asked questions
What is the average correlation of SPGI?
S&P Global Inc. (SPGI) has an average correlation of about 0.078 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is SPGI positively correlated with other stocks?
Mostly yes — 51.3% of pairs are positive and 48.7% are negative. Strong positive correlations (≥0.7) make up 12.8%.
What is the most common correlation range for SPGI?
The most common range is -0.3 to -0.2. Weak correlations (−0.3 to 0.3) account for 41.1% of all pairs.
Explore the full interactive correlation distribution for SPGI.
Open interactive dashboard →