C.H. Robinson Worldwide, Inc. (CHRW) Correlation Distribution
Across 6,809 rolling correlation observations between C.H. Robinson Worldwide, Inc. (CHRW) and other NASDAQ-listed stocks, 62.9% are positive and 37.1% are negative. The most common correlation range is -0.1 to 0.0, and the average pairwise correlation is 0.071, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 0.3% and strong negative correlations (≤−0.7) for 0.2%.
- Total observations
- 6,809
- Mean correlation
- 0.071
- Most common range
- -0.1 to 0.0
- Positive pairs
- 62.9%
- Strong positive (≥0.7)
- 0.3%
- Sector
- Arrangement Of Transportation Of Freight & Cargo
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 8 | 0.1% | |
| -0.8 to -0.7 | 8 | 0.1% | |
| -0.7 to -0.6 | 69 | 1.0% | |
| -0.6 to -0.5 | 68 | 1.0% | |
| -0.5 to -0.4 | 157 | 2.3% | |
| -0.4 to -0.3 | 157 | 2.3% | |
| -0.3 to -0.2 | 405 | 5.9% | |
| -0.2 to -0.1 | 404 | 5.9% | |
| -0.1 to 0.0 | 1,251 | 18.4% | |
| 0.0 to 0.1 | 1,250 | 18.4% | |
| 0.1 to 0.2 | 976 | 14.3% | |
| 0.2 to 0.3 | 976 | 14.3% | |
| 0.3 to 0.4 | 440 | 6.5% | |
| 0.4 to 0.5 | 440 | 6.5% | |
| 0.5 to 0.6 | 91 | 1.3% | |
| 0.6 to 0.7 | 91 | 1.3% | |
| 0.7 to 0.8 | 9 | 0.1% | |
| 0.8 to 0.9 | 9 | 0.1% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of CHRW?
C.H. Robinson Worldwide, Inc. (CHRW) has an average correlation of about 0.071 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is CHRW positively correlated with other stocks?
Mostly yes — 62.9% of pairs are positive and 37.1% are negative. Strong positive correlations (≥0.7) make up 0.3%.
What is the most common correlation range for CHRW?
The most common range is -0.1 to 0.0. Weak correlations (−0.3 to 0.3) account for 77.3% of all pairs.
Explore the full interactive correlation distribution for CHRW.
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