Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock (VIASP) Correlation Distribution
Across 6,803 rolling correlation observations between Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock (VIASP) and other NASDAQ-listed stocks, 72.4% are positive and 27.6% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.206, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 2.4% and strong negative correlations (≤−0.7) for 1.7%.
- Total observations
- 6,803
- Mean correlation
- 0.206
- Most common range
- 0.3 to 0.4
- Positive pairs
- 72.4%
- Strong positive (≥0.7)
- 2.4%
- Sector
- Electric & Other Services Combined
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 58 | 0.9% | |
| -0.8 to -0.7 | 58 | 0.9% | |
| -0.7 to -0.6 | 132 | 1.9% | |
| -0.6 to -0.5 | 131 | 1.9% | |
| -0.5 to -0.4 | 219 | 3.2% | |
| -0.4 to -0.3 | 218 | 3.2% | |
| -0.3 to -0.2 | 327 | 4.8% | |
| -0.2 to -0.1 | 327 | 4.8% | |
| -0.1 to 0.0 | 405 | 6.0% | |
| 0.0 to 0.1 | 405 | 6.0% | |
| 0.1 to 0.2 | 499 | 7.3% | |
| 0.2 to 0.3 | 498 | 7.3% | |
| 0.3 to 0.4 | 982 | 14.4% | |
| 0.4 to 0.5 | 981 | 14.4% | |
| 0.5 to 0.6 | 701 | 10.3% | |
| 0.6 to 0.7 | 700 | 10.3% | |
| 0.7 to 0.8 | 81 | 1.2% | |
| 0.8 to 0.9 | 81 | 1.2% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of VIASP?
Via Renewables, Inc. 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock (VIASP) has an average correlation of about 0.206 with other NASDAQ stocks, based on 6,803 pairwise observations.
Is VIASP positively correlated with other stocks?
Mostly yes — 72.4% of pairs are positive and 27.6% are negative. Strong positive correlations (≥0.7) make up 2.4%.
What is the most common correlation range for VIASP?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 36.2% of all pairs.
Explore the full interactive correlation distribution for VIASP.
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