Charter Comm Inc Del CL A New (CHTR) Correlation Distribution
Across 6,809 rolling correlation observations between Charter Comm Inc Del CL A New (CHTR) and other NASDAQ-listed stocks, 68.4% are positive and 31.6% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.284, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 34.2% and strong negative correlations (≤−0.7) for 3.6%.
- Total observations
- 6,809
- Mean correlation
- 0.284
- Most common range
- 0.7 to 0.8
- Positive pairs
- 68.4%
- Strong positive (≥0.7)
- 34.2%
- Sector
- Cable & Other Pay Television Services
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 124 | 1.8% | |
| -0.8 to -0.7 | 124 | 1.8% | |
| -0.7 to -0.6 | 328 | 4.8% | |
| -0.6 to -0.5 | 327 | 4.8% | |
| -0.5 to -0.4 | 253 | 3.7% | |
| -0.4 to -0.3 | 253 | 3.7% | |
| -0.3 to -0.2 | 251 | 3.7% | |
| -0.2 to -0.1 | 250 | 3.7% | |
| -0.1 to 0.0 | 244 | 3.6% | |
| 0.0 to 0.1 | 244 | 3.6% | |
| 0.1 to 0.2 | 272 | 4.0% | |
| 0.2 to 0.3 | 271 | 4.0% | |
| 0.3 to 0.4 | 305 | 4.5% | |
| 0.4 to 0.5 | 305 | 4.5% | |
| 0.5 to 0.6 | 464 | 6.8% | |
| 0.6 to 0.7 | 464 | 6.8% | |
| 0.7 to 0.8 | 986 | 14.5% | |
| 0.8 to 0.9 | 985 | 14.5% | |
| 0.9 to 1.0 | 359 | 5.3% |
Frequently asked questions
What is the average correlation of CHTR?
Charter Comm Inc Del CL A New (CHTR) has an average correlation of about 0.284 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is CHTR positively correlated with other stocks?
Mostly yes — 68.4% of pairs are positive and 31.6% are negative. Strong positive correlations (≥0.7) make up 34.2%.
What is the most common correlation range for CHTR?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 22.5% of all pairs.
Explore the full interactive correlation distribution for CHTR.
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