United Therapeutics Corp (UTHR) Correlation Distribution
Across 6,809 rolling correlation observations between United Therapeutics Corp (UTHR) and other NASDAQ-listed stocks, 39.8% are positive and 60.2% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.088, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 13.6% and strong negative correlations (≤−0.7) for 7.8%.
- Total observations
- 6,809
- Mean correlation
- -0.088
- Most common range
- -0.7 to -0.6
- Positive pairs
- 39.8%
- Strong positive (≥0.7)
- 13.6%
- Sector
- Pharmaceutical Preparations
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 266 | 3.9% | |
| -0.8 to -0.7 | 265 | 3.9% | |
| -0.7 to -0.6 | 868 | 12.7% | |
| -0.6 to -0.5 | 867 | 12.7% | |
| -0.5 to -0.4 | 532 | 7.8% | |
| -0.4 to -0.3 | 532 | 7.8% | |
| -0.3 to -0.2 | 273 | 4.0% | |
| -0.2 to -0.1 | 273 | 4.0% | |
| -0.1 to 0.0 | 223 | 3.3% | |
| 0.0 to 0.1 | 222 | 3.3% | |
| 0.1 to 0.2 | 235 | 3.5% | |
| 0.2 to 0.3 | 235 | 3.5% | |
| 0.3 to 0.4 | 243 | 3.6% | |
| 0.4 to 0.5 | 242 | 3.6% | |
| 0.5 to 0.6 | 303 | 4.4% | |
| 0.6 to 0.7 | 302 | 4.4% | |
| 0.7 to 0.8 | 436 | 6.4% | |
| 0.8 to 0.9 | 436 | 6.4% | |
| 0.9 to 1.0 | 56 | 0.8% |
Frequently asked questions
What is the average correlation of UTHR?
United Therapeutics Corp (UTHR) has an average correlation of about -0.088 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is UTHR positively correlated with other stocks?
Not predominantly — 39.8% of pairs are positive and 60.2% are negative. Strong positive correlations (≥0.7) make up 13.6%.
What is the most common correlation range for UTHR?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 21.5% of all pairs.
Explore the full interactive correlation distribution for UTHR.
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