Willamette Valley Vineyards, Inc. Series A Redeemable Preferred Stock (WVVIP) Correlation Distribution
Across 6,760 rolling correlation observations between Willamette Valley Vineyards, Inc. Series A Redeemable Preferred Stock (WVVIP) and other NASDAQ-listed stocks, 66.8% are positive and 33.2% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.198, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 16.4% and strong negative correlations (≤−0.7) for 7.6%.
- Total observations
- 6,760
- Mean correlation
- 0.198
- Most common range
- 0.5 to 0.6
- Positive pairs
- 66.8%
- Strong positive (≥0.7)
- 16.4%
- Sector
- Beverages
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 11 | 0.2% | |
| -0.9 to -0.8 | 251 | 3.7% | |
| -0.8 to -0.7 | 251 | 3.7% | |
| -0.7 to -0.6 | 306 | 4.5% | |
| -0.6 to -0.5 | 306 | 4.5% | |
| -0.5 to -0.4 | 251 | 3.7% | |
| -0.4 to -0.3 | 250 | 3.7% | |
| -0.3 to -0.2 | 208 | 3.1% | |
| -0.2 to -0.1 | 208 | 3.1% | |
| -0.1 to 0.0 | 200 | 3.0% | |
| 0.0 to 0.1 | 200 | 3.0% | |
| 0.1 to 0.2 | 287 | 4.2% | |
| 0.2 to 0.3 | 286 | 4.2% | |
| 0.3 to 0.4 | 461 | 6.8% | |
| 0.4 to 0.5 | 461 | 6.8% | |
| 0.5 to 0.6 | 857 | 12.7% | |
| 0.6 to 0.7 | 857 | 12.7% | |
| 0.7 to 0.8 | 546 | 8.1% | |
| 0.8 to 0.9 | 545 | 8.1% | |
| 0.9 to 1.0 | 18 | 0.3% |
Frequently asked questions
What is the average correlation of WVVIP?
Willamette Valley Vineyards, Inc. Series A Redeemable Preferred Stock (WVVIP) has an average correlation of about 0.198 with other NASDAQ stocks, based on 6,760 pairwise observations.
Is WVVIP positively correlated with other stocks?
Mostly yes — 66.8% of pairs are positive and 33.2% are negative. Strong positive correlations (≥0.7) make up 16.4%.
What is the most common correlation range for WVVIP?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 20.5% of all pairs.
Explore the full interactive correlation distribution for WVVIP.
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