CACI INTERNATIONAL CLA (CACI) Correlation Distribution
Across 6,809 rolling correlation observations between CACI INTERNATIONAL CLA (CACI) and other NASDAQ-listed stocks, 38.2% are positive and 61.8% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.105, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 15.2% and strong negative correlations (≤−0.7) for 9.6%.
- Total observations
- 6,809
- Mean correlation
- -0.105
- Most common range
- -0.7 to -0.6
- Positive pairs
- 38.2%
- Strong positive (≥0.7)
- 15.2%
- Sector
- Services-Computer Integrated Systems Design
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 328 | 4.8% | |
| -0.8 to -0.7 | 328 | 4.8% | |
| -0.7 to -0.6 | 929 | 13.6% | |
| -0.6 to -0.5 | 928 | 13.6% | |
| -0.5 to -0.4 | 474 | 7.0% | |
| -0.4 to -0.3 | 473 | 6.9% | |
| -0.3 to -0.2 | 266 | 3.9% | |
| -0.2 to -0.1 | 266 | 3.9% | |
| -0.1 to 0.0 | 218 | 3.2% | |
| 0.0 to 0.1 | 217 | 3.2% | |
| 0.1 to 0.2 | 204 | 3.0% | |
| 0.2 to 0.3 | 203 | 3.0% | |
| 0.3 to 0.4 | 202 | 3.0% | |
| 0.4 to 0.5 | 201 | 3.0% | |
| 0.5 to 0.6 | 268 | 3.9% | |
| 0.6 to 0.7 | 267 | 3.9% | |
| 0.7 to 0.8 | 469 | 6.9% | |
| 0.8 to 0.9 | 469 | 6.9% | |
| 0.9 to 1.0 | 99 | 1.5% |
Frequently asked questions
What is the average correlation of CACI?
CACI INTERNATIONAL CLA (CACI) has an average correlation of about -0.105 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is CACI positively correlated with other stocks?
Not predominantly — 38.2% of pairs are positive and 61.8% are negative. Strong positive correlations (≥0.7) make up 15.2%.
What is the most common correlation range for CACI?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 20.2% of all pairs.
Explore the full interactive correlation distribution for CACI.
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