Viatris Inc. Common Stock (VTRS) Correlation Distribution
Across 6,808 rolling correlation observations between Viatris Inc. Common Stock (VTRS) and other NASDAQ-listed stocks, 70.8% are positive and 29.2% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.281, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 21% and strong negative correlations (≤−0.7) for 0.7%.
- Total observations
- 6,808
- Mean correlation
- 0.281
- Most common range
- 0.7 to 0.8
- Positive pairs
- 70.8%
- Strong positive (≥0.7)
- 21%
- Sector
- Pharmaceutical Preparations
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 24 | 0.4% | |
| -0.8 to -0.7 | 24 | 0.4% | |
| -0.7 to -0.6 | 140 | 2.1% | |
| -0.6 to -0.5 | 140 | 2.1% | |
| -0.5 to -0.4 | 294 | 4.3% | |
| -0.4 to -0.3 | 294 | 4.3% | |
| -0.3 to -0.2 | 364 | 5.3% | |
| -0.2 to -0.1 | 364 | 5.3% | |
| -0.1 to 0.0 | 347 | 5.1% | |
| 0.0 to 0.1 | 346 | 5.1% | |
| 0.1 to 0.2 | 357 | 5.2% | |
| 0.2 to 0.3 | 357 | 5.2% | |
| 0.3 to 0.4 | 455 | 6.7% | |
| 0.4 to 0.5 | 454 | 6.7% | |
| 0.5 to 0.6 | 708 | 10.4% | |
| 0.6 to 0.7 | 707 | 10.4% | |
| 0.7 to 0.8 | 717 | 10.5% | |
| 0.8 to 0.9 | 716 | 10.5% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of VTRS?
Viatris Inc. Common Stock (VTRS) has an average correlation of about 0.281 with other NASDAQ stocks, based on 6,808 pairwise observations.
Is VTRS positively correlated with other stocks?
Mostly yes — 70.8% of pairs are positive and 29.2% are negative. Strong positive correlations (≥0.7) make up 21%.
What is the most common correlation range for VTRS?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 31.4% of all pairs.
Explore the full interactive correlation distribution for VTRS.
Open interactive dashboard →