Correlworks

SRC (SRC) Correlation Distribution

Across 6,496 rolling correlation observations between SRC (SRC) and other NASDAQ-listed stocks, 83.6% are positive and 16.4% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.374, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 20% and strong negative correlations (≤−0.7) for 0.2%.

Total observations
6,496
Mean correlation
0.374
Most common range
0.5 to 0.6
Positive pairs
83.6%
Strong positive (≥0.7)
20%

Correlation distribution

Correlation rangePairsShareChart
-1.0 to -0.900.0%
-0.9 to -0.850.1%
-0.8 to -0.750.1%
-0.7 to -0.6681.0%
-0.6 to -0.5671.0%
-0.5 to -0.4991.5%
-0.4 to -0.3991.5%
-0.3 to -0.21902.9%
-0.2 to -0.11902.9%
-0.1 to 0.03415.2%
0.0 to 0.13405.2%
0.1 to 0.24957.6%
0.2 to 0.34947.6%
0.3 to 0.46209.5%
0.4 to 0.56199.5%
0.5 to 0.678312.1%
0.6 to 0.778212.0%
0.7 to 0.86459.9%
0.8 to 0.96449.9%
0.9 to 1.0100.2%

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Frequently asked questions

What is the average correlation of SRC?

SRC (SRC) has an average correlation of about 0.374 with other NASDAQ stocks, based on 6,496 pairwise observations.

Is SRC positively correlated with other stocks?

Mostly yes — 83.6% of pairs are positive and 16.4% are negative. Strong positive correlations (≥0.7) make up 20%.

What is the most common correlation range for SRC?

The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 31.6% of all pairs.

Explore the full interactive correlation distribution for SRC.

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