SUNW (SUNW) Correlation Distribution
Across 6,530 rolling correlation observations between SUNW (SUNW) and other NASDAQ-listed stocks, 76.2% are positive and 23.8% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.347, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 25.4% and strong negative correlations (≤−0.7) for 2.3%.
- Total observations
- 6,530
- Mean correlation
- 0.347
- Most common range
- 0.5 to 0.6
- Positive pairs
- 76.2%
- Strong positive (≥0.7)
- 25.4%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 3 | 0.0% | |
| -0.9 to -0.8 | 74 | 1.1% | |
| -0.8 to -0.7 | 73 | 1.1% | |
| -0.7 to -0.6 | 106 | 1.6% | |
| -0.6 to -0.5 | 105 | 1.6% | |
| -0.5 to -0.4 | 242 | 3.7% | |
| -0.4 to -0.3 | 241 | 3.7% | |
| -0.3 to -0.2 | 232 | 3.6% | |
| -0.2 to -0.1 | 232 | 3.6% | |
| -0.1 to 0.0 | 246 | 3.8% | |
| 0.0 to 0.1 | 245 | 3.8% | |
| 0.1 to 0.2 | 281 | 4.3% | |
| 0.2 to 0.3 | 281 | 4.3% | |
| 0.3 to 0.4 | 441 | 6.8% | |
| 0.4 to 0.5 | 440 | 6.7% | |
| 0.5 to 0.6 | 815 | 12.5% | |
| 0.6 to 0.7 | 815 | 12.5% | |
| 0.7 to 0.8 | 723 | 11.1% | |
| 0.8 to 0.9 | 723 | 11.1% | |
| 0.9 to 1.0 | 212 | 3.2% |
Frequently asked questions
What is the average correlation of SUNW?
SUNW (SUNW) has an average correlation of about 0.347 with other NASDAQ stocks, based on 6,530 pairwise observations.
Is SUNW positively correlated with other stocks?
Mostly yes — 76.2% of pairs are positive and 23.8% are negative. Strong positive correlations (≥0.7) make up 25.4%.
What is the most common correlation range for SUNW?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 23.2% of all pairs.
Explore the full interactive correlation distribution for SUNW.
Open interactive dashboard →