VINE (VINE) Correlation Distribution
Across 6,786 rolling correlation observations between VINE (VINE) and other NASDAQ-listed stocks, 67.5% are positive and 32.5% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.292, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 34.5% and strong negative correlations (≤−0.7) for 3%.
- Total observations
- 6,786
- Mean correlation
- 0.292
- Most common range
- 0.7 to 0.8
- Positive pairs
- 67.5%
- Strong positive (≥0.7)
- 34.5%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 100 | 1.5% | |
| -0.8 to -0.7 | 100 | 1.5% | |
| -0.7 to -0.6 | 269 | 4.0% | |
| -0.6 to -0.5 | 268 | 3.9% | |
| -0.5 to -0.4 | 330 | 4.9% | |
| -0.4 to -0.3 | 330 | 4.9% | |
| -0.3 to -0.2 | 276 | 4.1% | |
| -0.2 to -0.1 | 276 | 4.1% | |
| -0.1 to 0.0 | 255 | 3.8% | |
| 0.0 to 0.1 | 255 | 3.8% | |
| 0.1 to 0.2 | 240 | 3.5% | |
| 0.2 to 0.3 | 240 | 3.5% | |
| 0.3 to 0.4 | 317 | 4.7% | |
| 0.4 to 0.5 | 317 | 4.7% | |
| 0.5 to 0.6 | 437 | 6.4% | |
| 0.6 to 0.7 | 436 | 6.4% | |
| 0.7 to 0.8 | 862 | 12.7% | |
| 0.8 to 0.9 | 862 | 12.7% | |
| 0.9 to 1.0 | 615 | 9.1% |
Frequently asked questions
What is the average correlation of VINE?
VINE (VINE) has an average correlation of about 0.292 with other NASDAQ stocks, based on 6,786 pairwise observations.
Is VINE positively correlated with other stocks?
Mostly yes — 67.5% of pairs are positive and 32.5% are negative. Strong positive correlations (≥0.7) make up 34.5%.
What is the most common correlation range for VINE?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 22.7% of all pairs.
Explore the full interactive correlation distribution for VINE.
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