Church & Dwight Co., Inc. (CHD) Correlation Distribution
Across 6,809 rolling correlation observations between Church & Dwight Co., Inc. (CHD) and other NASDAQ-listed stocks, 41.6% are positive and 58.4% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is -0.041, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 2.8% and strong negative correlations (≤−0.7) for 1.3%.
- Total observations
- 6,809
- Mean correlation
- -0.041
- Most common range
- -0.5 to -0.4
- Positive pairs
- 41.6%
- Strong positive (≥0.7)
- 2.8%
- Sector
- Soap, Detergents, Cleang Preparations, Perfumes, Cosmetics
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 1 | 0.0% | |
| -0.9 to -0.8 | 44 | 0.6% | |
| -0.8 to -0.7 | 44 | 0.6% | |
| -0.7 to -0.6 | 333 | 4.9% | |
| -0.6 to -0.5 | 333 | 4.9% | |
| -0.5 to -0.4 | 839 | 12.3% | |
| -0.4 to -0.3 | 838 | 12.3% | |
| -0.3 to -0.2 | 569 | 8.4% | |
| -0.2 to -0.1 | 568 | 8.3% | |
| -0.1 to 0.0 | 408 | 6.0% | |
| 0.0 to 0.1 | 407 | 6.0% | |
| 0.1 to 0.2 | 326 | 4.8% | |
| 0.2 to 0.3 | 326 | 4.8% | |
| 0.3 to 0.4 | 346 | 5.1% | |
| 0.4 to 0.5 | 346 | 5.1% | |
| 0.5 to 0.6 | 447 | 6.6% | |
| 0.6 to 0.7 | 446 | 6.6% | |
| 0.7 to 0.8 | 94 | 1.4% | |
| 0.8 to 0.9 | 94 | 1.4% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of CHD?
Church & Dwight Co., Inc. (CHD) has an average correlation of about -0.041 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is CHD positively correlated with other stocks?
Not predominantly — 41.6% of pairs are positive and 58.4% are negative. Strong positive correlations (≥0.7) make up 2.8%.
What is the most common correlation range for CHD?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 38.2% of all pairs.
Explore the full interactive correlation distribution for CHD.
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