CKX Lands, Inc. (CKX) Correlation Distribution
Across 6,656 rolling correlation observations between CKX Lands, Inc. (CKX) and other NASDAQ-listed stocks, 50.6% are positive and 49.4% are negative. The most common correlation range is -0.3 to -0.2, and the average pairwise correlation is 0.046, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 1.2% and strong negative correlations (≤−0.7) for 0.7%.
- Total observations
- 6,656
- Mean correlation
- 0.046
- Most common range
- -0.3 to -0.2
- Positive pairs
- 50.6%
- Strong positive (≥0.7)
- 1.2%
- Sector
- Crude Petroleum & Natural Gas
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 23 | 0.3% | |
| -0.8 to -0.7 | 22 | 0.3% | |
| -0.7 to -0.6 | 103 | 1.5% | |
| -0.6 to -0.5 | 103 | 1.5% | |
| -0.5 to -0.4 | 425 | 6.4% | |
| -0.4 to -0.3 | 424 | 6.4% | |
| -0.3 to -0.2 | 790 | 11.9% | |
| -0.2 to -0.1 | 789 | 11.9% | |
| -0.1 to 0.0 | 609 | 9.1% | |
| 0.0 to 0.1 | 608 | 9.1% | |
| 0.1 to 0.2 | 435 | 6.5% | |
| 0.2 to 0.3 | 434 | 6.5% | |
| 0.3 to 0.4 | 515 | 7.7% | |
| 0.4 to 0.5 | 515 | 7.7% | |
| 0.5 to 0.6 | 391 | 5.9% | |
| 0.6 to 0.7 | 391 | 5.9% | |
| 0.7 to 0.8 | 40 | 0.6% | |
| 0.8 to 0.9 | 39 | 0.6% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of CKX?
CKX Lands, Inc. (CKX) has an average correlation of about 0.046 with other NASDAQ stocks, based on 6,656 pairwise observations.
Is CKX positively correlated with other stocks?
Mostly yes — 50.6% of pairs are positive and 49.4% are negative. Strong positive correlations (≥0.7) make up 1.2%.
What is the most common correlation range for CKX?
The most common range is -0.3 to -0.2. Weak correlations (−0.3 to 0.3) account for 55.1% of all pairs.
Explore the full interactive correlation distribution for CKX.
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