Williams-Sonoma, Inc. (WSM) Correlation Distribution
Across 6,809 rolling correlation observations between Williams-Sonoma, Inc. (WSM) and other NASDAQ-listed stocks, 44.8% are positive and 55.2% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is 0.022, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 15.1% and strong negative correlations (≤−0.7) for 3.3%.
- Total observations
- 6,809
- Mean correlation
- 0.022
- Most common range
- -0.5 to -0.4
- Positive pairs
- 44.8%
- Strong positive (≥0.7)
- 15.1%
- Sector
- Retail-Home Furniture, Furnishings & Equipment Stores
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 112 | 1.6% | |
| -0.8 to -0.7 | 111 | 1.6% | |
| -0.7 to -0.6 | 365 | 5.4% | |
| -0.6 to -0.5 | 364 | 5.3% | |
| -0.5 to -0.4 | 720 | 10.6% | |
| -0.4 to -0.3 | 720 | 10.6% | |
| -0.3 to -0.2 | 524 | 7.7% | |
| -0.2 to -0.1 | 523 | 7.7% | |
| -0.1 to 0.0 | 320 | 4.7% | |
| 0.0 to 0.1 | 320 | 4.7% | |
| 0.1 to 0.2 | 251 | 3.7% | |
| 0.2 to 0.3 | 251 | 3.7% | |
| 0.3 to 0.4 | 274 | 4.0% | |
| 0.4 to 0.5 | 273 | 4.0% | |
| 0.5 to 0.6 | 325 | 4.8% | |
| 0.6 to 0.7 | 325 | 4.8% | |
| 0.7 to 0.8 | 447 | 6.6% | |
| 0.8 to 0.9 | 446 | 6.6% | |
| 0.9 to 1.0 | 137 | 2.0% |
Frequently asked questions
What is the average correlation of WSM?
Williams-Sonoma, Inc. (WSM) has an average correlation of about 0.022 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is WSM positively correlated with other stocks?
Not predominantly — 44.8% of pairs are positive and 55.2% are negative. Strong positive correlations (≥0.7) make up 15.1%.
What is the most common correlation range for WSM?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 32.1% of all pairs.
Explore the full interactive correlation distribution for WSM.
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