Star Equity Holdings, Inc. Common Stock (STRR) Correlation Distribution
Across 6,808 rolling correlation observations between Star Equity Holdings, Inc. Common Stock (STRR) and other NASDAQ-listed stocks, 69.6% are positive and 30.4% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.316, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 36.5% and strong negative correlations (≤−0.7) for 3.5%.
- Total observations
- 6,808
- Mean correlation
- 0.316
- Most common range
- 0.7 to 0.8
- Positive pairs
- 69.6%
- Strong positive (≥0.7)
- 36.5%
- Sector
- Electromedical & Electrotherapeutic Apparatus
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 13 | 0.2% | |
| -0.9 to -0.8 | 114 | 1.7% | |
| -0.8 to -0.7 | 114 | 1.7% | |
| -0.7 to -0.6 | 284 | 4.2% | |
| -0.6 to -0.5 | 283 | 4.2% | |
| -0.5 to -0.4 | 295 | 4.3% | |
| -0.4 to -0.3 | 294 | 4.3% | |
| -0.3 to -0.2 | 236 | 3.5% | |
| -0.2 to -0.1 | 236 | 3.5% | |
| -0.1 to 0.0 | 201 | 3.0% | |
| 0.0 to 0.1 | 201 | 3.0% | |
| 0.1 to 0.2 | 233 | 3.4% | |
| 0.2 to 0.3 | 232 | 3.4% | |
| 0.3 to 0.4 | 315 | 4.6% | |
| 0.4 to 0.5 | 315 | 4.6% | |
| 0.5 to 0.6 | 477 | 7.0% | |
| 0.6 to 0.7 | 477 | 7.0% | |
| 0.7 to 0.8 | 880 | 12.9% | |
| 0.8 to 0.9 | 879 | 12.9% | |
| 0.9 to 1.0 | 729 | 10.7% |
Frequently asked questions
What is the average correlation of STRR?
Star Equity Holdings, Inc. Common Stock (STRR) has an average correlation of about 0.316 with other NASDAQ stocks, based on 6,808 pairwise observations.
Is STRR positively correlated with other stocks?
Mostly yes — 69.6% of pairs are positive and 30.4% are negative. Strong positive correlations (≥0.7) make up 36.5%.
What is the most common correlation range for STRR?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 19.7% of all pairs.
Explore the full interactive correlation distribution for STRR.
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