Cracker Barrel Old Country Store, Inc,. (CBRL) Correlation Distribution
Across 6,809 rolling correlation observations between Cracker Barrel Old Country Store, Inc,. (CBRL) and other NASDAQ-listed stocks, 67.1% are positive and 32.9% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.24, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 31.8% and strong negative correlations (≤−0.7) for 10.7%.
- Total observations
- 6,809
- Mean correlation
- 0.24
- Most common range
- 0.7 to 0.8
- Positive pairs
- 67.1%
- Strong positive (≥0.7)
- 31.8%
- Sector
- Retail-Eating Places
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 21 | 0.3% | |
| -0.9 to -0.8 | 353 | 5.2% | |
| -0.8 to -0.7 | 352 | 5.2% | |
| -0.7 to -0.6 | 276 | 4.1% | |
| -0.6 to -0.5 | 275 | 4.0% | |
| -0.5 to -0.4 | 198 | 2.9% | |
| -0.4 to -0.3 | 198 | 2.9% | |
| -0.3 to -0.2 | 184 | 2.7% | |
| -0.2 to -0.1 | 183 | 2.7% | |
| -0.1 to 0.0 | 200 | 2.9% | |
| 0.0 to 0.1 | 200 | 2.9% | |
| 0.1 to 0.2 | 217 | 3.2% | |
| 0.2 to 0.3 | 217 | 3.2% | |
| 0.3 to 0.4 | 294 | 4.3% | |
| 0.4 to 0.5 | 293 | 4.3% | |
| 0.5 to 0.6 | 591 | 8.7% | |
| 0.6 to 0.7 | 591 | 8.7% | |
| 0.7 to 0.8 | 1,020 | 15.0% | |
| 0.8 to 0.9 | 1,020 | 15.0% | |
| 0.9 to 1.0 | 126 | 1.9% |
Frequently asked questions
What is the average correlation of CBRL?
Cracker Barrel Old Country Store, Inc,. (CBRL) has an average correlation of about 0.24 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is CBRL positively correlated with other stocks?
Mostly yes — 67.1% of pairs are positive and 32.9% are negative. Strong positive correlations (≥0.7) make up 31.8%.
What is the most common correlation range for CBRL?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 17.6% of all pairs.
Explore the full interactive correlation distribution for CBRL.
Open interactive dashboard →