Upbound Group, Inc. Common Stock (UPBD) Correlation Distribution
Across 6,192 rolling correlation observations between Upbound Group, Inc. Common Stock (UPBD) and other NASDAQ-listed stocks, 58.7% are positive and 41.3% are negative. The most common correlation range is -0.1 to 0.0, and the average pairwise correlation is 0.081, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 1.3% and strong negative correlations (≤−0.7) for 0.2%.
- Total observations
- 6,192
- Mean correlation
- 0.081
- Most common range
- -0.1 to 0.0
- Positive pairs
- 58.7%
- Strong positive (≥0.7)
- 1.3%
- Sector
- Services-Equipment Rental & Leasing, Nec
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 6 | 0.1% | |
| -0.8 to -0.7 | 6 | 0.1% | |
| -0.7 to -0.6 | 107 | 1.7% | |
| -0.6 to -0.5 | 107 | 1.7% | |
| -0.5 to -0.4 | 302 | 4.9% | |
| -0.4 to -0.3 | 302 | 4.9% | |
| -0.3 to -0.2 | 514 | 8.3% | |
| -0.2 to -0.1 | 513 | 8.3% | |
| -0.1 to 0.0 | 703 | 11.4% | |
| 0.0 to 0.1 | 702 | 11.3% | |
| 0.1 to 0.2 | 610 | 9.9% | |
| 0.2 to 0.3 | 609 | 9.8% | |
| 0.3 to 0.4 | 494 | 8.0% | |
| 0.4 to 0.5 | 493 | 8.0% | |
| 0.5 to 0.6 | 321 | 5.2% | |
| 0.6 to 0.7 | 320 | 5.2% | |
| 0.7 to 0.8 | 42 | 0.7% | |
| 0.8 to 0.9 | 41 | 0.7% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of UPBD?
Upbound Group, Inc. Common Stock (UPBD) has an average correlation of about 0.081 with other NASDAQ stocks, based on 6,192 pairwise observations.
Is UPBD positively correlated with other stocks?
Mostly yes — 58.7% of pairs are positive and 41.3% are negative. Strong positive correlations (≥0.7) make up 1.3%.
What is the most common correlation range for UPBD?
The most common range is -0.1 to 0.0. Weak correlations (−0.3 to 0.3) account for 59% of all pairs.
Explore the full interactive correlation distribution for UPBD.
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