Chubb Limited (CB) Correlation Distribution
Across 6,809 rolling correlation observations between Chubb Limited (CB) and other NASDAQ-listed stocks, 39.2% are positive and 60.8% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.106, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 16.3% and strong negative correlations (≤−0.7) for 16.2%.
- Total observations
- 6,809
- Mean correlation
- -0.106
- Most common range
- -0.7 to -0.6
- Positive pairs
- 39.2%
- Strong positive (≥0.7)
- 16.3%
- Sector
- Fire, Marine & Casualty Insurance
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 16 | 0.2% | |
| -0.9 to -0.8 | 544 | 8.0% | |
| -0.8 to -0.7 | 543 | 8.0% | |
| -0.7 to -0.6 | 723 | 10.6% | |
| -0.6 to -0.5 | 723 | 10.6% | |
| -0.5 to -0.4 | 411 | 6.0% | |
| -0.4 to -0.3 | 411 | 6.0% | |
| -0.3 to -0.2 | 275 | 4.0% | |
| -0.2 to -0.1 | 275 | 4.0% | |
| -0.1 to 0.0 | 218 | 3.2% | |
| 0.0 to 0.1 | 217 | 3.2% | |
| 0.1 to 0.2 | 215 | 3.2% | |
| 0.2 to 0.3 | 214 | 3.1% | |
| 0.3 to 0.4 | 204 | 3.0% | |
| 0.4 to 0.5 | 204 | 3.0% | |
| 0.5 to 0.6 | 253 | 3.7% | |
| 0.6 to 0.7 | 252 | 3.7% | |
| 0.7 to 0.8 | 451 | 6.6% | |
| 0.8 to 0.9 | 450 | 6.6% | |
| 0.9 to 1.0 | 210 | 3.1% |
Frequently asked questions
What is the average correlation of CB?
Chubb Limited (CB) has an average correlation of about -0.106 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is CB positively correlated with other stocks?
Not predominantly — 39.2% of pairs are positive and 60.8% are negative. Strong positive correlations (≥0.7) make up 16.3%.
What is the most common correlation range for CB?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 20.8% of all pairs.
Explore the full interactive correlation distribution for CB.
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