Trustmark Corp (TRMK) Correlation Distribution
Across 6,809 rolling correlation observations between Trustmark Corp (TRMK) and other NASDAQ-listed stocks, 72.1% are positive and 27.9% are negative. The most common correlation range is 0.1 to 0.2, and the average pairwise correlation is 0.169, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 3.6% and strong negative correlations (≤−0.7) for 1.1%.
- Total observations
- 6,809
- Mean correlation
- 0.169
- Most common range
- 0.1 to 0.2
- Positive pairs
- 72.1%
- Strong positive (≥0.7)
- 3.6%
- Sector
- National Commercial Banks
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 38 | 0.6% | |
| -0.8 to -0.7 | 38 | 0.6% | |
| -0.7 to -0.6 | 79 | 1.2% | |
| -0.6 to -0.5 | 78 | 1.1% | |
| -0.5 to -0.4 | 137 | 2.0% | |
| -0.4 to -0.3 | 136 | 2.0% | |
| -0.3 to -0.2 | 344 | 5.1% | |
| -0.2 to -0.1 | 344 | 5.1% | |
| -0.1 to 0.0 | 705 | 10.4% | |
| 0.0 to 0.1 | 704 | 10.3% | |
| 0.1 to 0.2 | 930 | 13.7% | |
| 0.2 to 0.3 | 929 | 13.6% | |
| 0.3 to 0.4 | 689 | 10.1% | |
| 0.4 to 0.5 | 688 | 10.1% | |
| 0.5 to 0.6 | 362 | 5.3% | |
| 0.6 to 0.7 | 361 | 5.3% | |
| 0.7 to 0.8 | 116 | 1.7% | |
| 0.8 to 0.9 | 116 | 1.7% | |
| 0.9 to 1.0 | 14 | 0.2% |
Frequently asked questions
What is the average correlation of TRMK?
Trustmark Corp (TRMK) has an average correlation of about 0.169 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is TRMK positively correlated with other stocks?
Mostly yes — 72.1% of pairs are positive and 27.9% are negative. Strong positive correlations (≥0.7) make up 3.6%.
What is the most common correlation range for TRMK?
The most common range is 0.1 to 0.2. Weak correlations (−0.3 to 0.3) account for 58.1% of all pairs.
Explore the full interactive correlation distribution for TRMK.
Open interactive dashboard →