Weyco Group Inc (WEYS) Correlation Distribution
Across 6,809 rolling correlation observations between Weyco Group Inc (WEYS) and other NASDAQ-listed stocks, 39.1% are positive and 60.9% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.112, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 14.4% and strong negative correlations (≤−0.7) for 14.3%.
- Total observations
- 6,809
- Mean correlation
- -0.112
- Most common range
- -0.7 to -0.6
- Positive pairs
- 39.1%
- Strong positive (≥0.7)
- 14.4%
- Sector
- Wholesale-Apparel, Piece Goods & Notions
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 487 | 7.2% | |
| -0.8 to -0.7 | 486 | 7.1% | |
| -0.7 to -0.6 | 781 | 11.5% | |
| -0.6 to -0.5 | 781 | 11.5% | |
| -0.5 to -0.4 | 427 | 6.3% | |
| -0.4 to -0.3 | 426 | 6.3% | |
| -0.3 to -0.2 | 275 | 4.0% | |
| -0.2 to -0.1 | 274 | 4.0% | |
| -0.1 to 0.0 | 207 | 3.0% | |
| 0.0 to 0.1 | 207 | 3.0% | |
| 0.1 to 0.2 | 230 | 3.4% | |
| 0.2 to 0.3 | 230 | 3.4% | |
| 0.3 to 0.4 | 218 | 3.2% | |
| 0.4 to 0.5 | 218 | 3.2% | |
| 0.5 to 0.6 | 290 | 4.3% | |
| 0.6 to 0.7 | 290 | 4.3% | |
| 0.7 to 0.8 | 469 | 6.9% | |
| 0.8 to 0.9 | 468 | 6.9% | |
| 0.9 to 1.0 | 44 | 0.6% |
Frequently asked questions
What is the average correlation of WEYS?
Weyco Group Inc (WEYS) has an average correlation of about -0.112 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is WEYS positively correlated with other stocks?
Not predominantly — 39.1% of pairs are positive and 60.9% are negative. Strong positive correlations (≥0.7) make up 14.4%.
What is the most common correlation range for WEYS?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 20.9% of all pairs.
Explore the full interactive correlation distribution for WEYS.
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