UGI Corporation (UGI) Correlation Distribution
Across 6,809 rolling correlation observations between UGI Corporation (UGI) and other NASDAQ-listed stocks, 70% are positive and 30% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.253, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 17.8% and strong negative correlations (≤−0.7) for 3.5%.
- Total observations
- 6,809
- Mean correlation
- 0.253
- Most common range
- 0.5 to 0.6
- Positive pairs
- 70%
- Strong positive (≥0.7)
- 17.8%
- Sector
- Gas & Other Services Combined
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 15 | 0.2% | |
| -0.9 to -0.8 | 111 | 1.6% | |
| -0.8 to -0.7 | 110 | 1.6% | |
| -0.7 to -0.6 | 244 | 3.6% | |
| -0.6 to -0.5 | 243 | 3.6% | |
| -0.5 to -0.4 | 291 | 4.3% | |
| -0.4 to -0.3 | 291 | 4.3% | |
| -0.3 to -0.2 | 243 | 3.6% | |
| -0.2 to -0.1 | 242 | 3.6% | |
| -0.1 to 0.0 | 251 | 3.7% | |
| 0.0 to 0.1 | 250 | 3.7% | |
| 0.1 to 0.2 | 289 | 4.2% | |
| 0.2 to 0.3 | 288 | 4.2% | |
| 0.3 to 0.4 | 466 | 6.8% | |
| 0.4 to 0.5 | 466 | 6.8% | |
| 0.5 to 0.6 | 899 | 13.2% | |
| 0.6 to 0.7 | 898 | 13.2% | |
| 0.7 to 0.8 | 599 | 8.8% | |
| 0.8 to 0.9 | 598 | 8.8% | |
| 0.9 to 1.0 | 15 | 0.2% |
Frequently asked questions
What is the average correlation of UGI?
UGI Corporation (UGI) has an average correlation of about 0.253 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is UGI positively correlated with other stocks?
Mostly yes — 70% of pairs are positive and 30% are negative. Strong positive correlations (≥0.7) make up 17.8%.
What is the most common correlation range for UGI?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 23% of all pairs.
Explore the full interactive correlation distribution for UGI.
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