Stran & Company, Inc. Common Stock (SWAG) Correlation Distribution
Across 6,705 rolling correlation observations between Stran & Company, Inc. Common Stock (SWAG) and other NASDAQ-listed stocks, 68.8% are positive and 31.2% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.287, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 33.4% and strong negative correlations (≤−0.7) for 4.7%.
- Total observations
- 6,705
- Mean correlation
- 0.287
- Most common range
- 0.7 to 0.8
- Positive pairs
- 68.8%
- Strong positive (≥0.7)
- 33.4%
- Sector
- Services-Advertising Agencies
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 20 | 0.3% | |
| -0.9 to -0.8 | 149 | 2.2% | |
| -0.8 to -0.7 | 149 | 2.2% | |
| -0.7 to -0.6 | 304 | 4.5% | |
| -0.6 to -0.5 | 304 | 4.5% | |
| -0.5 to -0.4 | 258 | 3.8% | |
| -0.4 to -0.3 | 258 | 3.8% | |
| -0.3 to -0.2 | 218 | 3.3% | |
| -0.2 to -0.1 | 217 | 3.2% | |
| -0.1 to 0.0 | 212 | 3.2% | |
| 0.0 to 0.1 | 211 | 3.1% | |
| 0.1 to 0.2 | 215 | 3.2% | |
| 0.2 to 0.3 | 215 | 3.2% | |
| 0.3 to 0.4 | 299 | 4.5% | |
| 0.4 to 0.5 | 299 | 4.5% | |
| 0.5 to 0.6 | 568 | 8.5% | |
| 0.6 to 0.7 | 568 | 8.5% | |
| 0.7 to 0.8 | 981 | 14.6% | |
| 0.8 to 0.9 | 980 | 14.6% | |
| 0.9 to 1.0 | 280 | 4.2% |
Frequently asked questions
What is the average correlation of SWAG?
Stran & Company, Inc. Common Stock (SWAG) has an average correlation of about 0.287 with other NASDAQ stocks, based on 6,705 pairwise observations.
Is SWAG positively correlated with other stocks?
Mostly yes — 68.8% of pairs are positive and 31.2% are negative. Strong positive correlations (≥0.7) make up 33.4%.
What is the most common correlation range for SWAG?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 19.2% of all pairs.
Explore the full interactive correlation distribution for SWAG.
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