Vera Bradley, Inc. (VRA) Correlation Distribution
Across 6,809 rolling correlation observations between Vera Bradley, Inc. (VRA) and other NASDAQ-listed stocks, 71.1% are positive and 28.9% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.266, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 13.8% and strong negative correlations (≤−0.7) for 0.6%.
- Total observations
- 6,809
- Mean correlation
- 0.266
- Most common range
- 0.5 to 0.6
- Positive pairs
- 71.1%
- Strong positive (≥0.7)
- 13.8%
- Sector
- Leather & Leather Products
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 20 | 0.3% | |
| -0.8 to -0.7 | 19 | 0.3% | |
| -0.7 to -0.6 | 104 | 1.5% | |
| -0.6 to -0.5 | 104 | 1.5% | |
| -0.5 to -0.4 | 337 | 4.9% | |
| -0.4 to -0.3 | 337 | 4.9% | |
| -0.3 to -0.2 | 357 | 5.2% | |
| -0.2 to -0.1 | 356 | 5.2% | |
| -0.1 to 0.0 | 332 | 4.9% | |
| 0.0 to 0.1 | 331 | 4.9% | |
| 0.1 to 0.2 | 388 | 5.7% | |
| 0.2 to 0.3 | 387 | 5.7% | |
| 0.3 to 0.4 | 510 | 7.5% | |
| 0.4 to 0.5 | 509 | 7.5% | |
| 0.5 to 0.6 | 888 | 13.0% | |
| 0.6 to 0.7 | 887 | 13.0% | |
| 0.7 to 0.8 | 468 | 6.9% | |
| 0.8 to 0.9 | 468 | 6.9% | |
| 0.9 to 1.0 | 6 | 0.1% |
Frequently asked questions
What is the average correlation of VRA?
Vera Bradley, Inc. (VRA) has an average correlation of about 0.266 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is VRA positively correlated with other stocks?
Mostly yes — 71.1% of pairs are positive and 28.9% are negative. Strong positive correlations (≥0.7) make up 13.8%.
What is the most common correlation range for VRA?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 31.6% of all pairs.
Explore the full interactive correlation distribution for VRA.
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