CEI (CEI) Correlation Distribution
Across 6,748 rolling correlation observations between CEI (CEI) and other NASDAQ-listed stocks, 70.5% are positive and 29.5% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.291, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 28.3% and strong negative correlations (≤−0.7) for 2.7%.
- Total observations
- 6,748
- Mean correlation
- 0.291
- Most common range
- 0.7 to 0.8
- Positive pairs
- 70.5%
- Strong positive (≥0.7)
- 28.3%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 92 | 1.4% | |
| -0.8 to -0.7 | 92 | 1.4% | |
| -0.7 to -0.6 | 352 | 5.2% | |
| -0.6 to -0.5 | 351 | 5.2% | |
| -0.5 to -0.4 | 238 | 3.5% | |
| -0.4 to -0.3 | 238 | 3.5% | |
| -0.3 to -0.2 | 209 | 3.1% | |
| -0.2 to -0.1 | 209 | 3.1% | |
| -0.1 to 0.0 | 209 | 3.1% | |
| 0.0 to 0.1 | 209 | 3.1% | |
| 0.1 to 0.2 | 231 | 3.4% | |
| 0.2 to 0.3 | 230 | 3.4% | |
| 0.3 to 0.4 | 345 | 5.1% | |
| 0.4 to 0.5 | 344 | 5.1% | |
| 0.5 to 0.6 | 745 | 11.0% | |
| 0.6 to 0.7 | 745 | 11.0% | |
| 0.7 to 0.8 | 895 | 13.3% | |
| 0.8 to 0.9 | 894 | 13.2% | |
| 0.9 to 1.0 | 119 | 1.8% |
Frequently asked questions
What is the average correlation of CEI?
CEI (CEI) has an average correlation of about 0.291 with other NASDAQ stocks, based on 6,748 pairwise observations.
Is CEI positively correlated with other stocks?
Mostly yes — 70.5% of pairs are positive and 29.5% are negative. Strong positive correlations (≥0.7) make up 28.3%.
What is the most common correlation range for CEI?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 19.2% of all pairs.
Explore the full interactive correlation distribution for CEI.
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