Treasure Global Inc. Common Stock (TGL) Correlation Distribution
Across 6,605 rolling correlation observations between Treasure Global Inc. Common Stock (TGL) and other NASDAQ-listed stocks, 56.7% are positive and 43.3% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.118, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 17.6% and strong negative correlations (≤−0.7) for 1.7%.
- Total observations
- 6,605
- Mean correlation
- 0.118
- Most common range
- 0.7 to 0.8
- Positive pairs
- 56.7%
- Strong positive (≥0.7)
- 17.6%
- Sector
- Services-Business Services, Nec
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 57 | 0.9% | |
| -0.8 to -0.7 | 56 | 0.8% | |
| -0.7 to -0.6 | 499 | 7.6% | |
| -0.6 to -0.5 | 498 | 7.5% | |
| -0.5 to -0.4 | 427 | 6.5% | |
| -0.4 to -0.3 | 426 | 6.4% | |
| -0.3 to -0.2 | 303 | 4.6% | |
| -0.2 to -0.1 | 303 | 4.6% | |
| -0.1 to 0.0 | 288 | 4.4% | |
| 0.0 to 0.1 | 287 | 4.3% | |
| 0.1 to 0.2 | 306 | 4.6% | |
| 0.2 to 0.3 | 305 | 4.6% | |
| 0.3 to 0.4 | 353 | 5.3% | |
| 0.4 to 0.5 | 353 | 5.3% | |
| 0.5 to 0.6 | 490 | 7.4% | |
| 0.6 to 0.7 | 490 | 7.4% | |
| 0.7 to 0.8 | 559 | 8.5% | |
| 0.8 to 0.9 | 559 | 8.5% | |
| 0.9 to 1.0 | 46 | 0.7% |
Frequently asked questions
What is the average correlation of TGL?
Treasure Global Inc. Common Stock (TGL) has an average correlation of about 0.118 with other NASDAQ stocks, based on 6,605 pairwise observations.
Is TGL positively correlated with other stocks?
Mostly yes — 56.7% of pairs are positive and 43.3% are negative. Strong positive correlations (≥0.7) make up 17.6%.
What is the most common correlation range for TGL?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 27.1% of all pairs.
Explore the full interactive correlation distribution for TGL.
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