SWN (SWN) Correlation Distribution
Across 6,773 rolling correlation observations between SWN (SWN) and other NASDAQ-listed stocks, 39.8% are positive and 60.2% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.105, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 5.2% and strong negative correlations (≤−0.7) for 7.7%.
- Total observations
- 6,773
- Mean correlation
- -0.105
- Most common range
- -0.7 to -0.6
- Positive pairs
- 39.8%
- Strong positive (≥0.7)
- 5.2%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 260 | 3.8% | |
| -0.8 to -0.7 | 259 | 3.8% | |
| -0.7 to -0.6 | 649 | 9.6% | |
| -0.6 to -0.5 | 649 | 9.6% | |
| -0.5 to -0.4 | 556 | 8.2% | |
| -0.4 to -0.3 | 555 | 8.2% | |
| -0.3 to -0.2 | 405 | 6.0% | |
| -0.2 to -0.1 | 404 | 6.0% | |
| -0.1 to 0.0 | 339 | 5.0% | |
| 0.0 to 0.1 | 339 | 5.0% | |
| 0.1 to 0.2 | 340 | 5.0% | |
| 0.2 to 0.3 | 339 | 5.0% | |
| 0.3 to 0.4 | 315 | 4.7% | |
| 0.4 to 0.5 | 315 | 4.7% | |
| 0.5 to 0.6 | 348 | 5.1% | |
| 0.6 to 0.7 | 348 | 5.1% | |
| 0.7 to 0.8 | 171 | 2.5% | |
| 0.8 to 0.9 | 171 | 2.5% | |
| 0.9 to 1.0 | 10 | 0.1% |
Frequently asked questions
What is the average correlation of SWN?
SWN (SWN) has an average correlation of about -0.105 with other NASDAQ stocks, based on 6,773 pairwise observations.
Is SWN positively correlated with other stocks?
Not predominantly — 39.8% of pairs are positive and 60.2% are negative. Strong positive correlations (≥0.7) make up 5.2%.
What is the most common correlation range for SWN?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 32% of all pairs.
Explore the full interactive correlation distribution for SWN.
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