Petco Health and Wellness Company, Inc. Class A Common Stock (WOOF) Correlation Distribution
Across 6,808 rolling correlation observations between Petco Health and Wellness Company, Inc. Class A Common Stock (WOOF) and other NASDAQ-listed stocks, 69.9% are positive and 30.1% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.306, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 41.8% and strong negative correlations (≤−0.7) for 10.1%.
- Total observations
- 6,808
- Mean correlation
- 0.306
- Most common range
- 0.7 to 0.8
- Positive pairs
- 69.9%
- Strong positive (≥0.7)
- 41.8%
- Sector
- Retail-Retail Stores, Nec
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 73 | 1.1% | |
| -0.9 to -0.8 | 308 | 4.5% | |
| -0.8 to -0.7 | 308 | 4.5% | |
| -0.7 to -0.6 | 244 | 3.6% | |
| -0.6 to -0.5 | 244 | 3.6% | |
| -0.5 to -0.4 | 177 | 2.6% | |
| -0.4 to -0.3 | 177 | 2.6% | |
| -0.3 to -0.2 | 172 | 2.5% | |
| -0.2 to -0.1 | 171 | 2.5% | |
| -0.1 to 0.0 | 173 | 2.5% | |
| 0.0 to 0.1 | 172 | 2.5% | |
| 0.1 to 0.2 | 196 | 2.9% | |
| 0.2 to 0.3 | 195 | 2.9% | |
| 0.3 to 0.4 | 242 | 3.6% | |
| 0.4 to 0.5 | 241 | 3.5% | |
| 0.5 to 0.6 | 433 | 6.4% | |
| 0.6 to 0.7 | 433 | 6.4% | |
| 0.7 to 0.8 | 1,173 | 17.2% | |
| 0.8 to 0.9 | 1,173 | 17.2% | |
| 0.9 to 1.0 | 503 | 7.4% |
Frequently asked questions
What is the average correlation of WOOF?
Petco Health and Wellness Company, Inc. Class A Common Stock (WOOF) has an average correlation of about 0.306 with other NASDAQ stocks, based on 6,808 pairwise observations.
Is WOOF positively correlated with other stocks?
Mostly yes — 69.9% of pairs are positive and 30.1% are negative. Strong positive correlations (≥0.7) make up 41.8%.
What is the most common correlation range for WOOF?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 15.8% of all pairs.
Explore the full interactive correlation distribution for WOOF.
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