Willis Towers Watson Public Limited Company Ordinary Shares (WTW) Correlation Distribution
Across 6,777 rolling correlation observations between Willis Towers Watson Public Limited Company Ordinary Shares (WTW) and other NASDAQ-listed stocks, 45.9% are positive and 54.1% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.002, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 16% and strong negative correlations (≤−0.7) for 7%.
- Total observations
- 6,777
- Mean correlation
- -0.002
- Most common range
- -0.7 to -0.6
- Positive pairs
- 45.9%
- Strong positive (≥0.7)
- 16%
- Sector
- Insurance Agents, Brokers & Service
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 2 | 0.0% | |
| -0.9 to -0.8 | 238 | 3.5% | |
| -0.8 to -0.7 | 237 | 3.5% | |
| -0.7 to -0.6 | 523 | 7.7% | |
| -0.6 to -0.5 | 523 | 7.7% | |
| -0.5 to -0.4 | 517 | 7.6% | |
| -0.4 to -0.3 | 517 | 7.6% | |
| -0.3 to -0.2 | 381 | 5.6% | |
| -0.2 to -0.1 | 381 | 5.6% | |
| -0.1 to 0.0 | 350 | 5.2% | |
| 0.0 to 0.1 | 350 | 5.2% | |
| 0.1 to 0.2 | 273 | 4.0% | |
| 0.2 to 0.3 | 272 | 4.0% | |
| 0.3 to 0.4 | 269 | 4.0% | |
| 0.4 to 0.5 | 268 | 4.0% | |
| 0.5 to 0.6 | 296 | 4.4% | |
| 0.6 to 0.7 | 296 | 4.4% | |
| 0.7 to 0.8 | 484 | 7.1% | |
| 0.8 to 0.9 | 483 | 7.1% | |
| 0.9 to 1.0 | 117 | 1.7% |
Frequently asked questions
What is the average correlation of WTW?
Willis Towers Watson Public Limited Company Ordinary Shares (WTW) has an average correlation of about -0.002 with other NASDAQ stocks, based on 6,777 pairwise observations.
Is WTW positively correlated with other stocks?
Not predominantly — 45.9% of pairs are positive and 54.1% are negative. Strong positive correlations (≥0.7) make up 16%.
What is the most common correlation range for WTW?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 29.6% of all pairs.
Explore the full interactive correlation distribution for WTW.
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