Sarepta Therapeutics,, Inc. Common Stock (SRPT) Correlation Distribution
Across 6,808 rolling correlation observations between Sarepta Therapeutics,, Inc. Common Stock (SRPT) and other NASDAQ-listed stocks, 26.5% are positive and 73.5% are negative. The most common correlation range is -0.3 to -0.2, and the average pairwise correlation is -0.167, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 0.3% and strong negative correlations (≤−0.7) for 0.8%.
- Total observations
- 6,808
- Mean correlation
- -0.167
- Most common range
- -0.3 to -0.2
- Positive pairs
- 26.5%
- Strong positive (≥0.7)
- 0.3%
- Sector
- Pharmaceutical Preparations
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 28 | 0.4% | |
| -0.8 to -0.7 | 28 | 0.4% | |
| -0.7 to -0.6 | 314 | 4.6% | |
| -0.6 to -0.5 | 313 | 4.6% | |
| -0.5 to -0.4 | 861 | 12.6% | |
| -0.4 to -0.3 | 860 | 12.6% | |
| -0.3 to -0.2 | 954 | 14.0% | |
| -0.2 to -0.1 | 954 | 14.0% | |
| -0.1 to 0.0 | 689 | 10.1% | |
| 0.0 to 0.1 | 689 | 10.1% | |
| 0.1 to 0.2 | 328 | 4.8% | |
| 0.2 to 0.3 | 327 | 4.8% | |
| 0.3 to 0.4 | 140 | 2.1% | |
| 0.4 to 0.5 | 140 | 2.1% | |
| 0.5 to 0.6 | 82 | 1.2% | |
| 0.6 to 0.7 | 82 | 1.2% | |
| 0.7 to 0.8 | 10 | 0.1% | |
| 0.8 to 0.9 | 9 | 0.1% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of SRPT?
Sarepta Therapeutics,, Inc. Common Stock (SRPT) has an average correlation of about -0.167 with other NASDAQ stocks, based on 6,808 pairwise observations.
Is SRPT positively correlated with other stocks?
Not predominantly — 26.5% of pairs are positive and 73.5% are negative. Strong positive correlations (≥0.7) make up 0.3%.
What is the most common correlation range for SRPT?
The most common range is -0.3 to -0.2. Weak correlations (−0.3 to 0.3) account for 57.9% of all pairs.
Explore the full interactive correlation distribution for SRPT.
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