The E.W. Scripps Company (SSP) Correlation Distribution
Across 6,809 rolling correlation observations between The E.W. Scripps Company (SSP) and other NASDAQ-listed stocks, 68.7% are positive and 31.3% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.252, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 27.7% and strong negative correlations (≤−0.7) for 8.7%.
- Total observations
- 6,809
- Mean correlation
- 0.252
- Most common range
- 0.7 to 0.8
- Positive pairs
- 68.7%
- Strong positive (≥0.7)
- 27.7%
- Sector
- Television Broadcasting Stations
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 73 | 1.1% | |
| -0.9 to -0.8 | 261 | 3.8% | |
| -0.8 to -0.7 | 261 | 3.8% | |
| -0.7 to -0.6 | 269 | 4.0% | |
| -0.6 to -0.5 | 269 | 4.0% | |
| -0.5 to -0.4 | 208 | 3.1% | |
| -0.4 to -0.3 | 207 | 3.0% | |
| -0.3 to -0.2 | 195 | 2.9% | |
| -0.2 to -0.1 | 194 | 2.8% | |
| -0.1 to 0.0 | 193 | 2.8% | |
| 0.0 to 0.1 | 193 | 2.8% | |
| 0.1 to 0.2 | 232 | 3.4% | |
| 0.2 to 0.3 | 232 | 3.4% | |
| 0.3 to 0.4 | 354 | 5.2% | |
| 0.4 to 0.5 | 354 | 5.2% | |
| 0.5 to 0.6 | 714 | 10.5% | |
| 0.6 to 0.7 | 714 | 10.5% | |
| 0.7 to 0.8 | 859 | 12.6% | |
| 0.8 to 0.9 | 859 | 12.6% | |
| 0.9 to 1.0 | 168 | 2.5% |
Frequently asked questions
What is the average correlation of SSP?
The E.W. Scripps Company (SSP) has an average correlation of about 0.252 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is SSP positively correlated with other stocks?
Mostly yes — 68.7% of pairs are positive and 31.3% are negative. Strong positive correlations (≥0.7) make up 27.7%.
What is the most common correlation range for SSP?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 18.2% of all pairs.
Explore the full interactive correlation distribution for SSP.
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