180 Degree Capital Corp. (TURN) Correlation Distribution
Across 6,807 rolling correlation observations between 180 Degree Capital Corp. (TURN) and other NASDAQ-listed stocks, 69.1% are positive and 30.9% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.278, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 34.2% and strong negative correlations (≤−0.7) for 7.9%.
- Total observations
- 6,807
- Mean correlation
- 0.278
- Most common range
- 0.7 to 0.8
- Positive pairs
- 69.1%
- Strong positive (≥0.7)
- 34.2%
- Sector
- Investors, Nec
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 100 | 1.5% | |
| -0.9 to -0.8 | 220 | 3.2% | |
| -0.8 to -0.7 | 220 | 3.2% | |
| -0.7 to -0.6 | 286 | 4.2% | |
| -0.6 to -0.5 | 285 | 4.2% | |
| -0.5 to -0.4 | 215 | 3.2% | |
| -0.4 to -0.3 | 215 | 3.2% | |
| -0.3 to -0.2 | 190 | 2.8% | |
| -0.2 to -0.1 | 190 | 2.8% | |
| -0.1 to 0.0 | 185 | 2.7% | |
| 0.0 to 0.1 | 184 | 2.7% | |
| 0.1 to 0.2 | 217 | 3.2% | |
| 0.2 to 0.3 | 216 | 3.2% | |
| 0.3 to 0.4 | 299 | 4.4% | |
| 0.4 to 0.5 | 299 | 4.4% | |
| 0.5 to 0.6 | 578 | 8.5% | |
| 0.6 to 0.7 | 577 | 8.5% | |
| 0.7 to 0.8 | 1,017 | 14.9% | |
| 0.8 to 0.9 | 1,017 | 14.9% | |
| 0.9 to 1.0 | 297 | 4.4% |
Frequently asked questions
What is the average correlation of TURN?
180 Degree Capital Corp. (TURN) has an average correlation of about 0.278 with other NASDAQ stocks, based on 6,807 pairwise observations.
Is TURN positively correlated with other stocks?
Mostly yes — 69.1% of pairs are positive and 30.9% are negative. Strong positive correlations (≥0.7) make up 34.2%.
What is the most common correlation range for TURN?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 17.4% of all pairs.
Explore the full interactive correlation distribution for TURN.
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