BLEU (BLEU) Correlation Distribution
Across 5,952 rolling correlation observations between BLEU (BLEU) and other NASDAQ-listed stocks, 36.3% are positive and 63.7% are negative. The most common correlation range is -0.9 to -0.8, and the average pairwise correlation is -0.166, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 14.9% and strong negative correlations (≤−0.7) for 25.6%.
- Total observations
- 5,952
- Mean correlation
- -0.166
- Most common range
- -0.9 to -0.8
- Positive pairs
- 36.3%
- Strong positive (≥0.7)
- 14.9%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 179 | 3.0% | |
| -0.9 to -0.8 | 673 | 11.3% | |
| -0.8 to -0.7 | 673 | 11.3% | |
| -0.7 to -0.6 | 493 | 8.3% | |
| -0.6 to -0.5 | 493 | 8.3% | |
| -0.5 to -0.4 | 311 | 5.2% | |
| -0.4 to -0.3 | 311 | 5.2% | |
| -0.3 to -0.2 | 234 | 3.9% | |
| -0.2 to -0.1 | 234 | 3.9% | |
| -0.1 to 0.0 | 190 | 3.2% | |
| 0.0 to 0.1 | 189 | 3.2% | |
| 0.1 to 0.2 | 171 | 2.9% | |
| 0.2 to 0.3 | 170 | 2.9% | |
| 0.3 to 0.4 | 160 | 2.7% | |
| 0.4 to 0.5 | 159 | 2.7% | |
| 0.5 to 0.6 | 214 | 3.6% | |
| 0.6 to 0.7 | 213 | 3.6% | |
| 0.7 to 0.8 | 333 | 5.6% | |
| 0.8 to 0.9 | 333 | 5.6% | |
| 0.9 to 1.0 | 219 | 3.7% |
Frequently asked questions
What is the average correlation of BLEU?
BLEU (BLEU) has an average correlation of about -0.166 with other NASDAQ stocks, based on 5,952 pairwise observations.
Is BLEU positively correlated with other stocks?
Not predominantly — 36.3% of pairs are positive and 63.7% are negative. Strong positive correlations (≥0.7) make up 14.9%.
What is the most common correlation range for BLEU?
The most common range is -0.9 to -0.8. Weak correlations (−0.3 to 0.3) account for 20% of all pairs.
Explore the full interactive correlation distribution for BLEU.
Open interactive dashboard →