Booz Allen Hamilton Holding Corporation (BAH) Correlation Distribution
Across 6,809 rolling correlation observations between Booz Allen Hamilton Holding Corporation (BAH) and other NASDAQ-listed stocks, 35.7% are positive and 64.3% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.143, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 11.3% and strong negative correlations (≤−0.7) for 9.3%.
- Total observations
- 6,809
- Mean correlation
- -0.143
- Most common range
- -0.7 to -0.6
- Positive pairs
- 35.7%
- Strong positive (≥0.7)
- 11.3%
- Sector
- Services-Management Consulting Services
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 318 | 4.7% | |
| -0.8 to -0.7 | 317 | 4.7% | |
| -0.7 to -0.6 | 1,003 | 14.7% | |
| -0.6 to -0.5 | 1,003 | 14.7% | |
| -0.5 to -0.4 | 479 | 7.0% | |
| -0.4 to -0.3 | 478 | 7.0% | |
| -0.3 to -0.2 | 278 | 4.1% | |
| -0.2 to -0.1 | 278 | 4.1% | |
| -0.1 to 0.0 | 221 | 3.2% | |
| 0.0 to 0.1 | 221 | 3.2% | |
| 0.1 to 0.2 | 208 | 3.1% | |
| 0.2 to 0.3 | 208 | 3.1% | |
| 0.3 to 0.4 | 229 | 3.4% | |
| 0.4 to 0.5 | 229 | 3.4% | |
| 0.5 to 0.6 | 286 | 4.2% | |
| 0.6 to 0.7 | 285 | 4.2% | |
| 0.7 to 0.8 | 343 | 5.0% | |
| 0.8 to 0.9 | 342 | 5.0% | |
| 0.9 to 1.0 | 82 | 1.2% |
Frequently asked questions
What is the average correlation of BAH?
Booz Allen Hamilton Holding Corporation (BAH) has an average correlation of about -0.143 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is BAH positively correlated with other stocks?
Not predominantly — 35.7% of pairs are positive and 64.3% are negative. Strong positive correlations (≥0.7) make up 11.3%.
What is the most common correlation range for BAH?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 20.8% of all pairs.
Explore the full interactive correlation distribution for BAH.
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