The Travelers Companies, Inc. (TRV) Correlation Distribution
Across 6,809 rolling correlation observations between The Travelers Companies, Inc. (TRV) and other NASDAQ-listed stocks, 39.4% are positive and 60.6% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.086, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 15.8% and strong negative correlations (≤−0.7) for 9.8%.
- Total observations
- 6,809
- Mean correlation
- -0.086
- Most common range
- -0.7 to -0.6
- Positive pairs
- 39.4%
- Strong positive (≥0.7)
- 15.8%
- Sector
- Fire, Marine & Casualty Insurance
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 5 | 0.1% | |
| -0.9 to -0.8 | 330 | 4.8% | |
| -0.8 to -0.7 | 329 | 4.8% | |
| -0.7 to -0.6 | 833 | 12.2% | |
| -0.6 to -0.5 | 832 | 12.2% | |
| -0.5 to -0.4 | 504 | 7.4% | |
| -0.4 to -0.3 | 503 | 7.4% | |
| -0.3 to -0.2 | 277 | 4.1% | |
| -0.2 to -0.1 | 276 | 4.1% | |
| -0.1 to 0.0 | 239 | 3.5% | |
| 0.0 to 0.1 | 239 | 3.5% | |
| 0.1 to 0.2 | 206 | 3.0% | |
| 0.2 to 0.3 | 205 | 3.0% | |
| 0.3 to 0.4 | 214 | 3.1% | |
| 0.4 to 0.5 | 214 | 3.1% | |
| 0.5 to 0.6 | 264 | 3.9% | |
| 0.6 to 0.7 | 263 | 3.9% | |
| 0.7 to 0.8 | 432 | 6.3% | |
| 0.8 to 0.9 | 432 | 6.3% | |
| 0.9 to 1.0 | 212 | 3.1% |
Frequently asked questions
What is the average correlation of TRV?
The Travelers Companies, Inc. (TRV) has an average correlation of about -0.086 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is TRV positively correlated with other stocks?
Not predominantly — 39.4% of pairs are positive and 60.6% are negative. Strong positive correlations (≥0.7) make up 15.8%.
What is the most common correlation range for TRV?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 21.2% of all pairs.
Explore the full interactive correlation distribution for TRV.
Open interactive dashboard →