ZipRecruiter, Inc. (ZIP) Correlation Distribution
Across 6,806 rolling correlation observations between ZipRecruiter, Inc. (ZIP) and other NASDAQ-listed stocks, 68.9% are positive and 31.1% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.273, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 35.8% and strong negative correlations (≤−0.7) for 10.2%.
- Total observations
- 6,806
- Mean correlation
- 0.273
- Most common range
- 0.7 to 0.8
- Positive pairs
- 68.9%
- Strong positive (≥0.7)
- 35.8%
- Sector
- Services-Computer Programming, Data Processing, Etc.
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 17 | 0.2% | |
| -0.9 to -0.8 | 340 | 5.0% | |
| -0.8 to -0.7 | 340 | 5.0% | |
| -0.7 to -0.6 | 262 | 3.8% | |
| -0.6 to -0.5 | 262 | 3.8% | |
| -0.5 to -0.4 | 198 | 2.9% | |
| -0.4 to -0.3 | 197 | 2.9% | |
| -0.3 to -0.2 | 163 | 2.4% | |
| -0.2 to -0.1 | 162 | 2.4% | |
| -0.1 to 0.0 | 175 | 2.6% | |
| 0.0 to 0.1 | 174 | 2.6% | |
| 0.1 to 0.2 | 202 | 3.0% | |
| 0.2 to 0.3 | 201 | 3.0% | |
| 0.3 to 0.4 | 277 | 4.1% | |
| 0.4 to 0.5 | 276 | 4.1% | |
| 0.5 to 0.6 | 563 | 8.3% | |
| 0.6 to 0.7 | 563 | 8.3% | |
| 0.7 to 0.8 | 1,124 | 16.5% | |
| 0.8 to 0.9 | 1,124 | 16.5% | |
| 0.9 to 1.0 | 186 | 2.7% |
Frequently asked questions
What is the average correlation of ZIP?
ZipRecruiter, Inc. (ZIP) has an average correlation of about 0.273 with other NASDAQ stocks, based on 6,806 pairwise observations.
Is ZIP positively correlated with other stocks?
Mostly yes — 68.9% of pairs are positive and 31.1% are negative. Strong positive correlations (≥0.7) make up 35.8%.
What is the most common correlation range for ZIP?
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 ZIP.
Open interactive dashboard →