CHUY (CHUY) Correlation Distribution
Across 6,778 rolling correlation observations between CHUY (CHUY) and other NASDAQ-listed stocks, 63.8% are positive and 36.2% are negative. The most common correlation range is 0.1 to 0.2, and the average pairwise correlation is 0.101, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 0.9% and strong negative correlations (≤−0.7) for 0.4%.
- Total observations
- 6,778
- Mean correlation
- 0.101
- Most common range
- 0.1 to 0.2
- Positive pairs
- 63.8%
- Strong positive (≥0.7)
- 0.9%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 14 | 0.2% | |
| -0.8 to -0.7 | 13 | 0.2% | |
| -0.7 to -0.6 | 103 | 1.5% | |
| -0.6 to -0.5 | 103 | 1.5% | |
| -0.5 to -0.4 | 234 | 3.5% | |
| -0.4 to -0.3 | 234 | 3.5% | |
| -0.3 to -0.2 | 502 | 7.4% | |
| -0.2 to -0.1 | 501 | 7.4% | |
| -0.1 to 0.0 | 748 | 11.0% | |
| 0.0 to 0.1 | 748 | 11.0% | |
| 0.1 to 0.2 | 819 | 12.1% | |
| 0.2 to 0.3 | 818 | 12.1% | |
| 0.3 to 0.4 | 721 | 10.6% | |
| 0.4 to 0.5 | 720 | 10.6% | |
| 0.5 to 0.6 | 221 | 3.3% | |
| 0.6 to 0.7 | 220 | 3.2% | |
| 0.7 to 0.8 | 29 | 0.4% | |
| 0.8 to 0.9 | 29 | 0.4% | |
| 0.9 to 1.0 | 1 | 0.0% |
Frequently asked questions
What is the average correlation of CHUY?
CHUY (CHUY) has an average correlation of about 0.101 with other NASDAQ stocks, based on 6,778 pairwise observations.
Is CHUY positively correlated with other stocks?
Mostly yes — 63.8% of pairs are positive and 36.2% are negative. Strong positive correlations (≥0.7) make up 0.9%.
What is the most common correlation range for CHUY?
The most common range is 0.1 to 0.2. Weak correlations (−0.3 to 0.3) account for 61% of all pairs.
Explore the full interactive correlation distribution for CHUY.
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