SS&C Technologies Inc (SSNC) Correlation Distribution
Across 6,809 rolling correlation observations between SS&C Technologies Inc (SSNC) and other NASDAQ-listed stocks, 77.3% are positive and 22.7% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.24, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 8.2% and strong negative correlations (≤−0.7) for 1%.
- Total observations
- 6,809
- Mean correlation
- 0.24
- Most common range
- 0.3 to 0.4
- Positive pairs
- 77.3%
- Strong positive (≥0.7)
- 8.2%
- Sector
- Services-Prepackaged Software
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 34 | 0.5% | |
| -0.8 to -0.7 | 33 | 0.5% | |
| -0.7 to -0.6 | 110 | 1.6% | |
| -0.6 to -0.5 | 109 | 1.6% | |
| -0.5 to -0.4 | 173 | 2.5% | |
| -0.4 to -0.3 | 173 | 2.5% | |
| -0.3 to -0.2 | 244 | 3.6% | |
| -0.2 to -0.1 | 243 | 3.6% | |
| -0.1 to 0.0 | 424 | 6.2% | |
| 0.0 to 0.1 | 424 | 6.2% | |
| 0.1 to 0.2 | 802 | 11.8% | |
| 0.2 to 0.3 | 802 | 11.8% | |
| 0.3 to 0.4 | 814 | 12.0% | |
| 0.4 to 0.5 | 814 | 12.0% | |
| 0.5 to 0.6 | 525 | 7.7% | |
| 0.6 to 0.7 | 524 | 7.7% | |
| 0.7 to 0.8 | 275 | 4.0% | |
| 0.8 to 0.9 | 274 | 4.0% | |
| 0.9 to 1.0 | 12 | 0.2% |
Frequently asked questions
What is the average correlation of SSNC?
SS&C Technologies Inc (SSNC) has an average correlation of about 0.24 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is SSNC positively correlated with other stocks?
Mostly yes — 77.3% of pairs are positive and 22.7% are negative. Strong positive correlations (≥0.7) make up 8.2%.
What is the most common correlation range for SSNC?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 43.2% of all pairs.
Explore the full interactive correlation distribution for SSNC.
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