Ball Corporation (BALL) Correlation Distribution
Across 6,699 rolling correlation observations between Ball Corporation (BALL) and other NASDAQ-listed stocks, 69.7% are positive and 30.3% are negative. The most common correlation range is 0.1 to 0.2, and the average pairwise correlation is 0.151, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 2% and strong negative correlations (≤−0.7) for 0%.
- Total observations
- 6,699
- Mean correlation
- 0.151
- Most common range
- 0.1 to 0.2
- Positive pairs
- 69.7%
- Strong positive (≥0.7)
- 2%
- Sector
- Metal Cans
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 1 | 0.0% | |
| -0.8 to -0.7 | 1 | 0.0% | |
| -0.7 to -0.6 | 27 | 0.4% | |
| -0.6 to -0.5 | 27 | 0.4% | |
| -0.5 to -0.4 | 128 | 1.9% | |
| -0.4 to -0.3 | 128 | 1.9% | |
| -0.3 to -0.2 | 425 | 6.3% | |
| -0.2 to -0.1 | 424 | 6.3% | |
| -0.1 to 0.0 | 869 | 13.0% | |
| 0.0 to 0.1 | 869 | 13.0% | |
| 0.1 to 0.2 | 918 | 13.7% | |
| 0.2 to 0.3 | 917 | 13.7% | |
| 0.3 to 0.4 | 631 | 9.4% | |
| 0.4 to 0.5 | 631 | 9.4% | |
| 0.5 to 0.6 | 283 | 4.2% | |
| 0.6 to 0.7 | 283 | 4.2% | |
| 0.7 to 0.8 | 69 | 1.0% | |
| 0.8 to 0.9 | 68 | 1.0% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of BALL?
Ball Corporation (BALL) has an average correlation of about 0.151 with other NASDAQ stocks, based on 6,699 pairwise observations.
Is BALL positively correlated with other stocks?
Mostly yes — 69.7% of pairs are positive and 30.3% are negative. Strong positive correlations (≥0.7) make up 2%.
What is the most common correlation range for BALL?
The most common range is 0.1 to 0.2. Weak correlations (−0.3 to 0.3) account for 66% of all pairs.
Explore the full interactive correlation distribution for BALL.
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