CEIX (CEIX) Correlation Distribution
Across 6,800 rolling correlation observations between CEIX (CEIX) and other NASDAQ-listed stocks, 34.9% are positive and 65.1% are negative. The most common correlation range is -0.9 to -0.8, and the average pairwise correlation is -0.214, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 13.3% and strong negative correlations (≤−0.7) for 32.8%.
- Total observations
- 6,800
- Mean correlation
- -0.214
- Most common range
- -0.9 to -0.8
- Positive pairs
- 34.9%
- Strong positive (≥0.7)
- 13.3%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 105 | 1.5% | |
| -0.9 to -0.8 | 1,063 | 15.6% | |
| -0.8 to -0.7 | 1,063 | 15.6% | |
| -0.7 to -0.6 | 515 | 7.6% | |
| -0.6 to -0.5 | 515 | 7.6% | |
| -0.5 to -0.4 | 276 | 4.1% | |
| -0.4 to -0.3 | 276 | 4.1% | |
| -0.3 to -0.2 | 206 | 3.0% | |
| -0.2 to -0.1 | 206 | 3.0% | |
| -0.1 to 0.0 | 204 | 3.0% | |
| 0.0 to 0.1 | 203 | 3.0% | |
| 0.1 to 0.2 | 186 | 2.7% | |
| 0.2 to 0.3 | 186 | 2.7% | |
| 0.3 to 0.4 | 190 | 2.8% | |
| 0.4 to 0.5 | 190 | 2.8% | |
| 0.5 to 0.6 | 256 | 3.8% | |
| 0.6 to 0.7 | 256 | 3.8% | |
| 0.7 to 0.8 | 418 | 6.1% | |
| 0.8 to 0.9 | 417 | 6.1% | |
| 0.9 to 1.0 | 69 | 1.0% |
Frequently asked questions
What is the average correlation of CEIX?
CEIX (CEIX) has an average correlation of about -0.214 with other NASDAQ stocks, based on 6,800 pairwise observations.
Is CEIX positively correlated with other stocks?
Not predominantly — 34.9% of pairs are positive and 65.1% are negative. Strong positive correlations (≥0.7) make up 13.3%.
What is the most common correlation range for CEIX?
The most common range is -0.9 to -0.8. Weak correlations (−0.3 to 0.3) account for 17.5% of all pairs.
Explore the full interactive correlation distribution for CEIX.
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