Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) (CCZ) Correlation Distribution
Across 5,874 rolling correlation observations between Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) (CCZ) and other NASDAQ-listed stocks, 76.2% are positive and 23.8% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.285, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 3.5% and strong negative correlations (≤−0.7) for 0.2%.
- Total observations
- 5,874
- Mean correlation
- 0.285
- Most common range
- 0.5 to 0.6
- Positive pairs
- 76.2%
- Strong positive (≥0.7)
- 3.5%
- Sector
- Cable & Other Pay Television Services
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 7 | 0.1% | |
| -0.8 to -0.7 | 7 | 0.1% | |
| -0.7 to -0.6 | 63 | 1.1% | |
| -0.6 to -0.5 | 62 | 1.1% | |
| -0.5 to -0.4 | 173 | 2.9% | |
| -0.4 to -0.3 | 172 | 2.9% | |
| -0.3 to -0.2 | 316 | 5.4% | |
| -0.2 to -0.1 | 315 | 5.4% | |
| -0.1 to 0.0 | 284 | 4.8% | |
| 0.0 to 0.1 | 283 | 4.8% | |
| 0.1 to 0.2 | 348 | 5.9% | |
| 0.2 to 0.3 | 347 | 5.9% | |
| 0.3 to 0.4 | 639 | 10.9% | |
| 0.4 to 0.5 | 638 | 10.9% | |
| 0.5 to 0.6 | 1,009 | 17.2% | |
| 0.6 to 0.7 | 1,008 | 17.2% | |
| 0.7 to 0.8 | 102 | 1.7% | |
| 0.8 to 0.9 | 101 | 1.7% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of CCZ?
Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) (CCZ) has an average correlation of about 0.285 with other NASDAQ stocks, based on 5,874 pairwise observations.
Is CCZ positively correlated with other stocks?
Mostly yes — 76.2% of pairs are positive and 23.8% are negative. Strong positive correlations (≥0.7) make up 3.5%.
What is the most common correlation range for CCZ?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 32.2% of all pairs.
Explore the full interactive correlation distribution for CCZ.
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