Cleveland-Cliffs Inc. (CLF) Correlation Distribution
Across 6,809 rolling correlation observations between Cleveland-Cliffs Inc. (CLF) and other NASDAQ-listed stocks, 69.7% are positive and 30.3% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.182, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 3.4% and strong negative correlations (≤−0.7) for 0.4%.
- Total observations
- 6,809
- Mean correlation
- 0.182
- Most common range
- 0.3 to 0.4
- Positive pairs
- 69.7%
- Strong positive (≥0.7)
- 3.4%
- Sector
- Metal Mining
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 15 | 0.2% | |
| -0.8 to -0.7 | 14 | 0.2% | |
| -0.7 to -0.6 | 92 | 1.4% | |
| -0.6 to -0.5 | 91 | 1.3% | |
| -0.5 to -0.4 | 261 | 3.8% | |
| -0.4 to -0.3 | 261 | 3.8% | |
| -0.3 to -0.2 | 404 | 5.9% | |
| -0.2 to -0.1 | 404 | 5.9% | |
| -0.1 to 0.0 | 523 | 7.7% | |
| 0.0 to 0.1 | 522 | 7.7% | |
| 0.1 to 0.2 | 683 | 10.0% | |
| 0.2 to 0.3 | 683 | 10.0% | |
| 0.3 to 0.4 | 724 | 10.6% | |
| 0.4 to 0.5 | 724 | 10.6% | |
| 0.5 to 0.6 | 590 | 8.7% | |
| 0.6 to 0.7 | 589 | 8.7% | |
| 0.7 to 0.8 | 114 | 1.7% | |
| 0.8 to 0.9 | 114 | 1.7% | |
| 0.9 to 1.0 | 1 | 0.0% |
Frequently asked questions
What is the average correlation of CLF?
Cleveland-Cliffs Inc. (CLF) has an average correlation of about 0.182 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is CLF positively correlated with other stocks?
Mostly yes — 69.7% of pairs are positive and 30.3% are negative. Strong positive correlations (≥0.7) make up 3.4%.
What is the most common correlation range for CLF?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 47.3% of all pairs.
Explore the full interactive correlation distribution for CLF.
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