Savers Value Village, Inc. (SVV) Correlation Distribution
Across 5,952 rolling correlation observations between Savers Value Village, Inc. (SVV) and other NASDAQ-listed stocks, 49.3% are positive and 50.7% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.02, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 20.5% and strong negative correlations (≤−0.7) for 12.3%.
- Total observations
- 5,952
- Mean correlation
- 0.02
- Most common range
- 0.7 to 0.8
- Positive pairs
- 49.3%
- Strong positive (≥0.7)
- 20.5%
- Sector
- Retail-Miscellaneous Retail
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 366 | 6.1% | |
| -0.8 to -0.7 | 365 | 6.1% | |
| -0.7 to -0.6 | 503 | 8.5% | |
| -0.6 to -0.5 | 502 | 8.4% | |
| -0.5 to -0.4 | 302 | 5.1% | |
| -0.4 to -0.3 | 301 | 5.1% | |
| -0.3 to -0.2 | 239 | 4.0% | |
| -0.2 to -0.1 | 238 | 4.0% | |
| -0.1 to 0.0 | 201 | 3.4% | |
| 0.0 to 0.1 | 201 | 3.4% | |
| 0.1 to 0.2 | 208 | 3.5% | |
| 0.2 to 0.3 | 207 | 3.5% | |
| 0.3 to 0.4 | 211 | 3.5% | |
| 0.4 to 0.5 | 210 | 3.5% | |
| 0.5 to 0.6 | 339 | 5.7% | |
| 0.6 to 0.7 | 338 | 5.7% | |
| 0.7 to 0.8 | 585 | 9.8% | |
| 0.8 to 0.9 | 585 | 9.8% | |
| 0.9 to 1.0 | 51 | 0.9% |
Frequently asked questions
What is the average correlation of SVV?
Savers Value Village, Inc. (SVV) has an average correlation of about 0.02 with other NASDAQ stocks, based on 5,952 pairwise observations.
Is SVV positively correlated with other stocks?
Not predominantly — 49.3% of pairs are positive and 50.7% are negative. Strong positive correlations (≥0.7) make up 20.5%.
What is the most common correlation range for SVV?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 21.7% of all pairs.
Explore the full interactive correlation distribution for SVV.
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