City Holding Co (CHCO) Correlation Distribution
Across 6,809 rolling correlation observations between City Holding Co (CHCO) and other NASDAQ-listed stocks, 38.4% are positive and 61.6% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.123, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 16.2% and strong negative correlations (≤−0.7) for 17%.
- Total observations
- 6,809
- Mean correlation
- -0.123
- Most common range
- -0.7 to -0.6
- Positive pairs
- 38.4%
- Strong positive (≥0.7)
- 16.2%
- Sector
- National Commercial Banks
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 7 | 0.1% | |
| -0.9 to -0.8 | 575 | 8.4% | |
| -0.8 to -0.7 | 575 | 8.4% | |
| -0.7 to -0.6 | 817 | 12.0% | |
| -0.6 to -0.5 | 816 | 12.0% | |
| -0.5 to -0.4 | 375 | 5.5% | |
| -0.4 to -0.3 | 374 | 5.5% | |
| -0.3 to -0.2 | 229 | 3.4% | |
| -0.2 to -0.1 | 228 | 3.3% | |
| -0.1 to 0.0 | 201 | 3.0% | |
| 0.0 to 0.1 | 201 | 3.0% | |
| 0.1 to 0.2 | 194 | 2.8% | |
| 0.2 to 0.3 | 193 | 2.8% | |
| 0.3 to 0.4 | 198 | 2.9% | |
| 0.4 to 0.5 | 198 | 2.9% | |
| 0.5 to 0.6 | 264 | 3.9% | |
| 0.6 to 0.7 | 263 | 3.9% | |
| 0.7 to 0.8 | 454 | 6.7% | |
| 0.8 to 0.9 | 454 | 6.7% | |
| 0.9 to 1.0 | 193 | 2.8% |
Frequently asked questions
What is the average correlation of CHCO?
City Holding Co (CHCO) has an average correlation of about -0.123 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is CHCO positively correlated with other stocks?
Not predominantly — 38.4% of pairs are positive and 61.6% are negative. Strong positive correlations (≥0.7) make up 16.2%.
What is the most common correlation range for CHCO?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 18.3% of all pairs.
Explore the full interactive correlation distribution for CHCO.
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