CEQP (CEQP) Correlation Distribution
Across 6,374 rolling correlation observations between CEQP (CEQP) and other NASDAQ-listed stocks, 64.4% are positive and 35.6% are negative. The most common correlation range is 0.1 to 0.2, and the average pairwise correlation is 0.16, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 10.4% and strong negative correlations (≤−0.7) for 1.8%.
- Total observations
- 6,374
- Mean correlation
- 0.16
- Most common range
- 0.1 to 0.2
- Positive pairs
- 64.4%
- Strong positive (≥0.7)
- 10.4%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 2 | 0.0% | |
| -0.9 to -0.8 | 57 | 0.9% | |
| -0.8 to -0.7 | 56 | 0.9% | |
| -0.7 to -0.6 | 153 | 2.4% | |
| -0.6 to -0.5 | 153 | 2.4% | |
| -0.5 to -0.4 | 289 | 4.5% | |
| -0.4 to -0.3 | 288 | 4.5% | |
| -0.3 to -0.2 | 435 | 6.8% | |
| -0.2 to -0.1 | 435 | 6.8% | |
| -0.1 to 0.0 | 398 | 6.2% | |
| 0.0 to 0.1 | 398 | 6.2% | |
| 0.1 to 0.2 | 583 | 9.1% | |
| 0.2 to 0.3 | 582 | 9.1% | |
| 0.3 to 0.4 | 492 | 7.7% | |
| 0.4 to 0.5 | 492 | 7.7% | |
| 0.5 to 0.6 | 450 | 7.1% | |
| 0.6 to 0.7 | 450 | 7.1% | |
| 0.7 to 0.8 | 323 | 5.1% | |
| 0.8 to 0.9 | 322 | 5.1% | |
| 0.9 to 1.0 | 16 | 0.3% |
Frequently asked questions
What is the average correlation of CEQP?
CEQP (CEQP) has an average correlation of about 0.16 with other NASDAQ stocks, based on 6,374 pairwise observations.
Is CEQP positively correlated with other stocks?
Mostly yes — 64.4% of pairs are positive and 35.6% are negative. Strong positive correlations (≥0.7) make up 10.4%.
What is the most common correlation range for CEQP?
The most common range is 0.1 to 0.2. Weak correlations (−0.3 to 0.3) account for 44.4% of all pairs.
Explore the full interactive correlation distribution for CEQP.
Open interactive dashboard →