Booking Holdings Inc. Common Stock (BKNG) Correlation Distribution
Across 6,809 rolling correlation observations between Booking Holdings Inc. Common Stock (BKNG) and other NASDAQ-listed stocks, 39.4% are positive and 60.6% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is -0.058, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 16.4% and strong negative correlations (≤−0.7) for 7.7%.
- Total observations
- 6,809
- Mean correlation
- -0.058
- Most common range
- -0.5 to -0.4
- Positive pairs
- 39.4%
- Strong positive (≥0.7)
- 16.4%
- Sector
- Transportation Services
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 6 | 0.1% | |
| -0.9 to -0.8 | 261 | 3.8% | |
| -0.8 to -0.7 | 260 | 3.8% | |
| -0.7 to -0.6 | 645 | 9.5% | |
| -0.6 to -0.5 | 644 | 9.5% | |
| -0.5 to -0.4 | 702 | 10.3% | |
| -0.4 to -0.3 | 701 | 10.3% | |
| -0.3 to -0.2 | 327 | 4.8% | |
| -0.2 to -0.1 | 327 | 4.8% | |
| -0.1 to 0.0 | 252 | 3.7% | |
| 0.0 to 0.1 | 251 | 3.7% | |
| 0.1 to 0.2 | 193 | 2.8% | |
| 0.2 to 0.3 | 193 | 2.8% | |
| 0.3 to 0.4 | 214 | 3.1% | |
| 0.4 to 0.5 | 214 | 3.1% | |
| 0.5 to 0.6 | 250 | 3.7% | |
| 0.6 to 0.7 | 250 | 3.7% | |
| 0.7 to 0.8 | 389 | 5.7% | |
| 0.8 to 0.9 | 388 | 5.7% | |
| 0.9 to 1.0 | 342 | 5.0% |
Frequently asked questions
What is the average correlation of BKNG?
Booking Holdings Inc. Common Stock (BKNG) has an average correlation of about -0.058 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is BKNG positively correlated with other stocks?
Not predominantly — 39.4% of pairs are positive and 60.6% are negative. Strong positive correlations (≥0.7) make up 16.4%.
What is the most common correlation range for BKNG?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 22.7% of all pairs.
Explore the full interactive correlation distribution for BKNG.
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