StepStone Group Inc. Class A Common Stock (STEP) Correlation Distribution
Across 6,808 rolling correlation observations between StepStone Group Inc. Class A Common Stock (STEP) and other NASDAQ-listed stocks, 56.7% are positive and 43.3% are negative. The most common correlation range is -0.1 to 0.0, and the average pairwise correlation is 0.124, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 12% and strong negative correlations (≤−0.7) for 1.5%.
- Total observations
- 6,808
- Mean correlation
- 0.124
- Most common range
- -0.1 to 0.0
- Positive pairs
- 56.7%
- Strong positive (≥0.7)
- 12%
- Sector
- Investment Advice
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 3 | 0.0% | |
| -0.9 to -0.8 | 51 | 0.7% | |
| -0.8 to -0.7 | 50 | 0.7% | |
| -0.7 to -0.6 | 175 | 2.6% | |
| -0.6 to -0.5 | 174 | 2.6% | |
| -0.5 to -0.4 | 324 | 4.8% | |
| -0.4 to -0.3 | 323 | 4.7% | |
| -0.3 to -0.2 | 611 | 9.0% | |
| -0.2 to -0.1 | 610 | 9.0% | |
| -0.1 to 0.0 | 627 | 9.2% | |
| 0.0 to 0.1 | 626 | 9.2% | |
| 0.1 to 0.2 | 408 | 6.0% | |
| 0.2 to 0.3 | 407 | 6.0% | |
| 0.3 to 0.4 | 362 | 5.3% | |
| 0.4 to 0.5 | 362 | 5.3% | |
| 0.5 to 0.6 | 440 | 6.5% | |
| 0.6 to 0.7 | 439 | 6.4% | |
| 0.7 to 0.8 | 391 | 5.7% | |
| 0.8 to 0.9 | 390 | 5.7% | |
| 0.9 to 1.0 | 35 | 0.5% |
Frequently asked questions
What is the average correlation of STEP?
StepStone Group Inc. Class A Common Stock (STEP) has an average correlation of about 0.124 with other NASDAQ stocks, based on 6,808 pairwise observations.
Is STEP positively correlated with other stocks?
Mostly yes — 56.7% of pairs are positive and 43.3% are negative. Strong positive correlations (≥0.7) make up 12%.
What is the most common correlation range for STEP?
The most common range is -0.1 to 0.0. Weak correlations (−0.3 to 0.3) account for 48.3% of all pairs.
Explore the full interactive correlation distribution for STEP.
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