Vroom, Inc. Common Stock (VRM) Correlation Distribution
Across 6,804 rolling correlation observations between Vroom, Inc. Common Stock (VRM) and other NASDAQ-listed stocks, 64% are positive and 36% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.228, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 30.4% and strong negative correlations (≤−0.7) for 6.3%.
- Total observations
- 6,804
- Mean correlation
- 0.228
- Most common range
- 0.7 to 0.8
- Positive pairs
- 64%
- Strong positive (≥0.7)
- 30.4%
- Sector
- Retail-Auto Dealers & Gasoline Stations
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 33 | 0.5% | |
| -0.9 to -0.8 | 199 | 2.9% | |
| -0.8 to -0.7 | 199 | 2.9% | |
| -0.7 to -0.6 | 359 | 5.3% | |
| -0.6 to -0.5 | 359 | 5.3% | |
| -0.5 to -0.4 | 308 | 4.5% | |
| -0.4 to -0.3 | 307 | 4.5% | |
| -0.3 to -0.2 | 236 | 3.5% | |
| -0.2 to -0.1 | 235 | 3.5% | |
| -0.1 to 0.0 | 213 | 3.1% | |
| 0.0 to 0.1 | 213 | 3.1% | |
| 0.1 to 0.2 | 237 | 3.5% | |
| 0.2 to 0.3 | 236 | 3.5% | |
| 0.3 to 0.4 | 305 | 4.5% | |
| 0.4 to 0.5 | 305 | 4.5% | |
| 0.5 to 0.6 | 496 | 7.3% | |
| 0.6 to 0.7 | 496 | 7.3% | |
| 0.7 to 0.8 | 765 | 11.2% | |
| 0.8 to 0.9 | 764 | 11.2% | |
| 0.9 to 1.0 | 539 | 7.9% |
Frequently asked questions
What is the average correlation of VRM?
Vroom, Inc. Common Stock (VRM) has an average correlation of about 0.228 with other NASDAQ stocks, based on 6,804 pairwise observations.
Is VRM positively correlated with other stocks?
Mostly yes — 64% of pairs are positive and 36% are negative. Strong positive correlations (≥0.7) make up 30.4%.
What is the most common correlation range for VRM?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 20.1% of all pairs.
Explore the full interactive correlation distribution for VRM.
Open interactive dashboard →