Vertiv Holdings Co Class A Common Stock (VRT) Correlation Distribution
Across 6,809 rolling correlation observations between Vertiv Holdings Co Class A Common Stock (VRT) and other NASDAQ-listed stocks, 41.2% are positive and 58.8% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is -0.033, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 14.8% and strong negative correlations (≤−0.7) for 5.8%.
- Total observations
- 6,809
- Mean correlation
- -0.033
- Most common range
- -0.5 to -0.4
- Positive pairs
- 41.2%
- Strong positive (≥0.7)
- 14.8%
- Sector
- Electronic Components, Nec
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 4 | 0.1% | |
| -0.9 to -0.8 | 195 | 2.9% | |
| -0.8 to -0.7 | 194 | 2.8% | |
| -0.7 to -0.6 | 485 | 7.1% | |
| -0.6 to -0.5 | 485 | 7.1% | |
| -0.5 to -0.4 | 771 | 11.3% | |
| -0.4 to -0.3 | 771 | 11.3% | |
| -0.3 to -0.2 | 403 | 5.9% | |
| -0.2 to -0.1 | 403 | 5.9% | |
| -0.1 to 0.0 | 291 | 4.3% | |
| 0.0 to 0.1 | 290 | 4.3% | |
| 0.1 to 0.2 | 244 | 3.6% | |
| 0.2 to 0.3 | 244 | 3.6% | |
| 0.3 to 0.4 | 235 | 3.5% | |
| 0.4 to 0.5 | 235 | 3.5% | |
| 0.5 to 0.6 | 277 | 4.1% | |
| 0.6 to 0.7 | 276 | 4.1% | |
| 0.7 to 0.8 | 400 | 5.9% | |
| 0.8 to 0.9 | 400 | 5.9% | |
| 0.9 to 1.0 | 206 | 3.0% |
Frequently asked questions
What is the average correlation of VRT?
Vertiv Holdings Co Class A Common Stock (VRT) has an average correlation of about -0.033 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is VRT positively correlated with other stocks?
Not predominantly — 41.2% of pairs are positive and 58.8% are negative. Strong positive correlations (≥0.7) make up 14.8%.
What is the most common correlation range for VRT?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 27.5% of all pairs.
Explore the full interactive correlation distribution for VRT.
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