United-Guardian, Inc. (UG) Correlation Distribution
Across 6,809 rolling correlation observations between United-Guardian, Inc. (UG) and other NASDAQ-listed stocks, 67.9% are positive and 32.1% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.204, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 9.3% and strong negative correlations (≤−0.7) for 2.2%.
- Total observations
- 6,809
- Mean correlation
- 0.204
- Most common range
- 0.5 to 0.6
- Positive pairs
- 67.9%
- Strong positive (≥0.7)
- 9.3%
- Sector
- Perfumes, Cosmetics & Other Toilet Preparations
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 74 | 1.1% | |
| -0.8 to -0.7 | 74 | 1.1% | |
| -0.7 to -0.6 | 260 | 3.8% | |
| -0.6 to -0.5 | 259 | 3.8% | |
| -0.5 to -0.4 | 330 | 4.8% | |
| -0.4 to -0.3 | 330 | 4.8% | |
| -0.3 to -0.2 | 293 | 4.3% | |
| -0.2 to -0.1 | 292 | 4.3% | |
| -0.1 to 0.0 | 275 | 4.0% | |
| 0.0 to 0.1 | 275 | 4.0% | |
| 0.1 to 0.2 | 345 | 5.1% | |
| 0.2 to 0.3 | 345 | 5.1% | |
| 0.3 to 0.4 | 654 | 9.6% | |
| 0.4 to 0.5 | 654 | 9.6% | |
| 0.5 to 0.6 | 858 | 12.6% | |
| 0.6 to 0.7 | 857 | 12.6% | |
| 0.7 to 0.8 | 311 | 4.6% | |
| 0.8 to 0.9 | 311 | 4.6% | |
| 0.9 to 1.0 | 12 | 0.2% |
Frequently asked questions
What is the average correlation of UG?
United-Guardian, Inc. (UG) has an average correlation of about 0.204 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is UG positively correlated with other stocks?
Mostly yes — 67.9% of pairs are positive and 32.1% are negative. Strong positive correlations (≥0.7) make up 9.3%.
What is the most common correlation range for UG?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 26.8% of all pairs.
Explore the full interactive correlation distribution for UG.
Open interactive dashboard →