The Brink's Company (BCO) Correlation Distribution
Across 6,809 rolling correlation observations between The Brink's Company (BCO) and other NASDAQ-listed stocks, 47.3% are positive and 52.7% are negative. The most common correlation range is -0.3 to -0.2, and the average pairwise correlation is 0.041, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 12.5% and strong negative correlations (≤−0.7) for 2.7%.
- Total observations
- 6,809
- Mean correlation
- 0.041
- Most common range
- -0.3 to -0.2
- Positive pairs
- 47.3%
- Strong positive (≥0.7)
- 12.5%
- Sector
- Arrangement Of Transportation Of Freight & Cargo
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 91 | 1.3% | |
| -0.8 to -0.7 | 91 | 1.3% | |
| -0.7 to -0.6 | 304 | 4.5% | |
| -0.6 to -0.5 | 303 | 4.4% | |
| -0.5 to -0.4 | 596 | 8.8% | |
| -0.4 to -0.3 | 595 | 8.7% | |
| -0.3 to -0.2 | 626 | 9.2% | |
| -0.2 to -0.1 | 626 | 9.2% | |
| -0.1 to 0.0 | 359 | 5.3% | |
| 0.0 to 0.1 | 358 | 5.3% | |
| 0.1 to 0.2 | 324 | 4.8% | |
| 0.2 to 0.3 | 323 | 4.7% | |
| 0.3 to 0.4 | 285 | 4.2% | |
| 0.4 to 0.5 | 284 | 4.2% | |
| 0.5 to 0.6 | 396 | 5.8% | |
| 0.6 to 0.7 | 396 | 5.8% | |
| 0.7 to 0.8 | 415 | 6.1% | |
| 0.8 to 0.9 | 414 | 6.1% | |
| 0.9 to 1.0 | 23 | 0.3% |
Frequently asked questions
What is the average correlation of BCO?
The Brink's Company (BCO) has an average correlation of about 0.041 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is BCO positively correlated with other stocks?
Not predominantly — 47.3% of pairs are positive and 52.7% are negative. Strong positive correlations (≥0.7) make up 12.5%.
What is the most common correlation range for BCO?
The most common range is -0.3 to -0.2. Weak correlations (−0.3 to 0.3) account for 38.4% of all pairs.
Explore the full interactive correlation distribution for BCO.
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