Seritage Growth Properties Class A common shares of beneficial interest, par value $0.01 (SRG) Correlation Distribution
Across 6,809 rolling correlation observations between Seritage Growth Properties Class A common shares of beneficial interest, par value $0.01 (SRG) and other NASDAQ-listed stocks, 66.9% are positive and 33.1% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.236, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 28.6% and strong negative correlations (≤−0.7) for 6.7%.
- Total observations
- 6,809
- Mean correlation
- 0.236
- Most common range
- 0.7 to 0.8
- Positive pairs
- 66.9%
- Strong positive (≥0.7)
- 28.6%
- Sector
- Real Estate
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 229 | 3.4% | |
| -0.8 to -0.7 | 228 | 3.3% | |
| -0.7 to -0.6 | 354 | 5.2% | |
| -0.6 to -0.5 | 354 | 5.2% | |
| -0.5 to -0.4 | 229 | 3.4% | |
| -0.4 to -0.3 | 229 | 3.4% | |
| -0.3 to -0.2 | 212 | 3.1% | |
| -0.2 to -0.1 | 211 | 3.1% | |
| -0.1 to 0.0 | 207 | 3.0% | |
| 0.0 to 0.1 | 206 | 3.0% | |
| 0.1 to 0.2 | 244 | 3.6% | |
| 0.2 to 0.3 | 243 | 3.6% | |
| 0.3 to 0.4 | 350 | 5.1% | |
| 0.4 to 0.5 | 349 | 5.1% | |
| 0.5 to 0.6 | 608 | 8.9% | |
| 0.6 to 0.7 | 608 | 8.9% | |
| 0.7 to 0.8 | 965 | 14.2% | |
| 0.8 to 0.9 | 964 | 14.2% | |
| 0.9 to 1.0 | 19 | 0.3% |
Frequently asked questions
What is the average correlation of SRG?
Seritage Growth Properties Class A common shares of beneficial interest, par value $0.01 (SRG) has an average correlation of about 0.236 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is SRG positively correlated with other stocks?
Mostly yes — 66.9% of pairs are positive and 33.1% are negative. Strong positive correlations (≥0.7) make up 28.6%.
What is the most common correlation range for SRG?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 19.4% of all pairs.
Explore the full interactive correlation distribution for SRG.
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