Coca-Cola Europacific Partners plc Ordinary Shares (CCEP) Correlation Distribution
Across 6,809 rolling correlation observations between Coca-Cola Europacific Partners plc Ordinary Shares (CCEP) and other NASDAQ-listed stocks, 41.1% are positive and 58.9% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.044, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 15.8% and strong negative correlations (≤−0.7) for 6.2%.
- Total observations
- 6,809
- Mean correlation
- -0.044
- Most common range
- -0.7 to -0.6
- Positive pairs
- 41.1%
- Strong positive (≥0.7)
- 15.8%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 5 | 0.1% | |
| -0.9 to -0.8 | 210 | 3.1% | |
| -0.8 to -0.7 | 209 | 3.1% | |
| -0.7 to -0.6 | 667 | 9.8% | |
| -0.6 to -0.5 | 666 | 9.8% | |
| -0.5 to -0.4 | 640 | 9.4% | |
| -0.4 to -0.3 | 640 | 9.4% | |
| -0.3 to -0.2 | 358 | 5.3% | |
| -0.2 to -0.1 | 357 | 5.2% | |
| -0.1 to 0.0 | 260 | 3.8% | |
| 0.0 to 0.1 | 259 | 3.8% | |
| 0.1 to 0.2 | 223 | 3.3% | |
| 0.2 to 0.3 | 223 | 3.3% | |
| 0.3 to 0.4 | 230 | 3.4% | |
| 0.4 to 0.5 | 230 | 3.4% | |
| 0.5 to 0.6 | 278 | 4.1% | |
| 0.6 to 0.7 | 277 | 4.1% | |
| 0.7 to 0.8 | 437 | 6.4% | |
| 0.8 to 0.9 | 436 | 6.4% | |
| 0.9 to 1.0 | 204 | 3.0% |
Frequently asked questions
What is the average correlation of CCEP?
Coca-Cola Europacific Partners plc Ordinary Shares (CCEP) has an average correlation of about -0.044 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is CCEP positively correlated with other stocks?
Not predominantly — 41.1% of pairs are positive and 58.9% are negative. Strong positive correlations (≥0.7) make up 15.8%.
What is the most common correlation range for CCEP?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 24.7% of all pairs.
Explore the full interactive correlation distribution for CCEP.
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