W.R. Berkley Corporation (WRB) Correlation Distribution
Across 6,809 rolling correlation observations between W.R. Berkley Corporation (WRB) and other NASDAQ-listed stocks, 37.2% are positive and 62.8% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.146, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 13.1% and strong negative correlations (≤−0.7) for 19.2%.
- Total observations
- 6,809
- Mean correlation
- -0.146
- Most common range
- -0.7 to -0.6
- Positive pairs
- 37.2%
- Strong positive (≥0.7)
- 13.1%
- Sector
- Fire, Marine & Casualty Insurance
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 8 | 0.1% | |
| -0.9 to -0.8 | 650 | 9.5% | |
| -0.8 to -0.7 | 650 | 9.5% | |
| -0.7 to -0.6 | 718 | 10.5% | |
| -0.6 to -0.5 | 717 | 10.5% | |
| -0.5 to -0.4 | 393 | 5.8% | |
| -0.4 to -0.3 | 393 | 5.8% | |
| -0.3 to -0.2 | 260 | 3.8% | |
| -0.2 to -0.1 | 259 | 3.8% | |
| -0.1 to 0.0 | 230 | 3.4% | |
| 0.0 to 0.1 | 230 | 3.4% | |
| 0.1 to 0.2 | 192 | 2.8% | |
| 0.2 to 0.3 | 191 | 2.8% | |
| 0.3 to 0.4 | 222 | 3.3% | |
| 0.4 to 0.5 | 221 | 3.2% | |
| 0.5 to 0.6 | 292 | 4.3% | |
| 0.6 to 0.7 | 292 | 4.3% | |
| 0.7 to 0.8 | 394 | 5.8% | |
| 0.8 to 0.9 | 393 | 5.8% | |
| 0.9 to 1.0 | 104 | 1.5% |
Frequently asked questions
What is the average correlation of WRB?
W.R. Berkley Corporation (WRB) has an average correlation of about -0.146 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is WRB positively correlated with other stocks?
Not predominantly — 37.2% of pairs are positive and 62.8% are negative. Strong positive correlations (≥0.7) make up 13.1%.
What is the most common correlation range for WRB?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 20% of all pairs.
Explore the full interactive correlation distribution for WRB.
Open interactive dashboard →