TRINITY PLACE HLDGS INC (TPHS) Correlation Distribution
Across 6,807 rolling correlation observations between TRINITY PLACE HLDGS INC (TPHS) and other NASDAQ-listed stocks, 68.4% are positive and 31.6% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.286, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 39.1% and strong negative correlations (≤−0.7) for 9.3%.
- Total observations
- 6,807
- Mean correlation
- 0.286
- Most common range
- 0.7 to 0.8
- Positive pairs
- 68.4%
- Strong positive (≥0.7)
- 39.1%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 20 | 0.3% | |
| -0.9 to -0.8 | 308 | 4.5% | |
| -0.8 to -0.7 | 308 | 4.5% | |
| -0.7 to -0.6 | 288 | 4.2% | |
| -0.6 to -0.5 | 288 | 4.2% | |
| -0.5 to -0.4 | 192 | 2.8% | |
| -0.4 to -0.3 | 192 | 2.8% | |
| -0.3 to -0.2 | 190 | 2.8% | |
| -0.2 to -0.1 | 190 | 2.8% | |
| -0.1 to 0.0 | 178 | 2.6% | |
| 0.0 to 0.1 | 177 | 2.6% | |
| 0.1 to 0.2 | 199 | 2.9% | |
| 0.2 to 0.3 | 199 | 2.9% | |
| 0.3 to 0.4 | 249 | 3.7% | |
| 0.4 to 0.5 | 248 | 3.6% | |
| 0.5 to 0.6 | 461 | 6.8% | |
| 0.6 to 0.7 | 460 | 6.8% | |
| 0.7 to 0.8 | 1,090 | 16.0% | |
| 0.8 to 0.9 | 1,090 | 16.0% | |
| 0.9 to 1.0 | 480 | 7.1% |
Frequently asked questions
What is the average correlation of TPHS?
TRINITY PLACE HLDGS INC (TPHS) has an average correlation of about 0.286 with other NASDAQ stocks, based on 6,807 pairwise observations.
Is TPHS positively correlated with other stocks?
Mostly yes — 68.4% of pairs are positive and 31.6% are negative. Strong positive correlations (≥0.7) make up 39.1%.
What is the most common correlation range for TPHS?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 16.6% of all pairs.
Explore the full interactive correlation distribution for TPHS.
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