Supernus Pharmaceuticals, Inc. (SUPN) Correlation Distribution
Across 6,809 rolling correlation observations between Supernus Pharmaceuticals, Inc. (SUPN) and other NASDAQ-listed stocks, 44.8% are positive and 55.2% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is -0.021, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 0.7% and strong negative correlations (≤−0.7) for 0.1%.
- Total observations
- 6,809
- Mean correlation
- -0.021
- Most common range
- -0.5 to -0.4
- Positive pairs
- 44.8%
- Strong positive (≥0.7)
- 0.7%
- Sector
- Pharmaceutical Preparations
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 2 | 0.0% | |
| -0.8 to -0.7 | 2 | 0.0% | |
| -0.7 to -0.6 | 241 | 3.5% | |
| -0.6 to -0.5 | 241 | 3.5% | |
| -0.5 to -0.4 | 694 | 10.2% | |
| -0.4 to -0.3 | 694 | 10.2% | |
| -0.3 to -0.2 | 673 | 9.9% | |
| -0.2 to -0.1 | 672 | 9.9% | |
| -0.1 to 0.0 | 538 | 7.9% | |
| 0.0 to 0.1 | 537 | 7.9% | |
| 0.1 to 0.2 | 423 | 6.2% | |
| 0.2 to 0.3 | 423 | 6.2% | |
| 0.3 to 0.4 | 514 | 7.5% | |
| 0.4 to 0.5 | 513 | 7.5% | |
| 0.5 to 0.6 | 297 | 4.4% | |
| 0.6 to 0.7 | 296 | 4.3% | |
| 0.7 to 0.8 | 25 | 0.4% | |
| 0.8 to 0.9 | 24 | 0.4% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of SUPN?
Supernus Pharmaceuticals, Inc. (SUPN) has an average correlation of about -0.021 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is SUPN positively correlated with other stocks?
Not predominantly — 44.8% of pairs are positive and 55.2% are negative. Strong positive correlations (≥0.7) make up 0.7%.
What is the most common correlation range for SUPN?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 48% of all pairs.
Explore the full interactive correlation distribution for SUPN.
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