Cable One, Inc. (CABO) Correlation Distribution
Across 6,809 rolling correlation observations between Cable One, Inc. (CABO) and other NASDAQ-listed stocks, 66.3% are positive and 33.7% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.257, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 39.3% and strong negative correlations (≤−0.7) for 12.2%.
- Total observations
- 6,809
- Mean correlation
- 0.257
- Most common range
- 0.7 to 0.8
- Positive pairs
- 66.3%
- Strong positive (≥0.7)
- 39.3%
- Sector
- Cable & Other Pay Television Services
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 65 | 1.0% | |
| -0.9 to -0.8 | 382 | 5.6% | |
| -0.8 to -0.7 | 382 | 5.6% | |
| -0.7 to -0.6 | 267 | 3.9% | |
| -0.6 to -0.5 | 266 | 3.9% | |
| -0.5 to -0.4 | 192 | 2.8% | |
| -0.4 to -0.3 | 192 | 2.8% | |
| -0.3 to -0.2 | 190 | 2.8% | |
| -0.2 to -0.1 | 189 | 2.8% | |
| -0.1 to 0.0 | 172 | 2.5% | |
| 0.0 to 0.1 | 172 | 2.5% | |
| 0.1 to 0.2 | 198 | 2.9% | |
| 0.2 to 0.3 | 198 | 2.9% | |
| 0.3 to 0.4 | 243 | 3.6% | |
| 0.4 to 0.5 | 243 | 3.6% | |
| 0.5 to 0.6 | 390 | 5.7% | |
| 0.6 to 0.7 | 389 | 5.7% | |
| 0.7 to 0.8 | 1,045 | 15.3% | |
| 0.8 to 0.9 | 1,044 | 15.3% | |
| 0.9 to 1.0 | 590 | 8.7% |
Frequently asked questions
What is the average correlation of CABO?
Cable One, Inc. (CABO) has an average correlation of about 0.257 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is CABO positively correlated with other stocks?
Mostly yes — 66.3% of pairs are positive and 33.7% are negative. Strong positive correlations (≥0.7) make up 39.3%.
What is the most common correlation range for CABO?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 16.4% of all pairs.
Explore the full interactive correlation distribution for CABO.
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