Wyndham Hotels & Resorts, Inc. Common Stock (WH) Correlation Distribution
Across 6,809 rolling correlation observations between Wyndham Hotels & Resorts, Inc. Common Stock (WH) and other NASDAQ-listed stocks, 53% are positive and 47% are negative. The most common correlation range is -0.3 to -0.2, and the average pairwise correlation is 0.085, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 8.4% and strong negative correlations (≤−0.7) for 0.4%.
- Total observations
- 6,809
- Mean correlation
- 0.085
- Most common range
- -0.3 to -0.2
- Positive pairs
- 53%
- Strong positive (≥0.7)
- 8.4%
- Sector
- Hotels & Motels
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 15 | 0.2% | |
| -0.8 to -0.7 | 15 | 0.2% | |
| -0.7 to -0.6 | 239 | 3.5% | |
| -0.6 to -0.5 | 238 | 3.5% | |
| -0.5 to -0.4 | 507 | 7.4% | |
| -0.4 to -0.3 | 506 | 7.4% | |
| -0.3 to -0.2 | 591 | 8.7% | |
| -0.2 to -0.1 | 591 | 8.7% | |
| -0.1 to 0.0 | 499 | 7.3% | |
| 0.0 to 0.1 | 499 | 7.3% | |
| 0.1 to 0.2 | 369 | 5.4% | |
| 0.2 to 0.3 | 369 | 5.4% | |
| 0.3 to 0.4 | 383 | 5.6% | |
| 0.4 to 0.5 | 383 | 5.6% | |
| 0.5 to 0.6 | 515 | 7.6% | |
| 0.6 to 0.7 | 515 | 7.6% | |
| 0.7 to 0.8 | 287 | 4.2% | |
| 0.8 to 0.9 | 286 | 4.2% | |
| 0.9 to 1.0 | 2 | 0.0% |
Frequently asked questions
What is the average correlation of WH?
Wyndham Hotels & Resorts, Inc. Common Stock (WH) has an average correlation of about 0.085 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is WH positively correlated with other stocks?
Mostly yes — 53% of pairs are positive and 47% are negative. Strong positive correlations (≥0.7) make up 8.4%.
What is the most common correlation range for WH?
The most common range is -0.3 to -0.2. Weak correlations (−0.3 to 0.3) account for 42.9% of all pairs.
Explore the full interactive correlation distribution for WH.
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