Clean Harbors, Inc (CLH) Correlation Distribution
Across 6,809 rolling correlation observations between Clean Harbors, Inc (CLH) and other NASDAQ-listed stocks, 37.7% are positive and 62.3% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.124, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 17% and strong negative correlations (≤−0.7) for 17.4%.
- Total observations
- 6,809
- Mean correlation
- -0.124
- Most common range
- -0.7 to -0.6
- Positive pairs
- 37.7%
- Strong positive (≥0.7)
- 17%
- Sector
- Hazardous Waste Management
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 24 | 0.4% | |
| -0.9 to -0.8 | 580 | 8.5% | |
| -0.8 to -0.7 | 579 | 8.5% | |
| -0.7 to -0.6 | 835 | 12.3% | |
| -0.6 to -0.5 | 835 | 12.3% | |
| -0.5 to -0.4 | 364 | 5.3% | |
| -0.4 to -0.3 | 363 | 5.3% | |
| -0.3 to -0.2 | 235 | 3.5% | |
| -0.2 to -0.1 | 234 | 3.4% | |
| -0.1 to 0.0 | 190 | 2.8% | |
| 0.0 to 0.1 | 190 | 2.8% | |
| 0.1 to 0.2 | 192 | 2.8% | |
| 0.2 to 0.3 | 191 | 2.8% | |
| 0.3 to 0.4 | 188 | 2.8% | |
| 0.4 to 0.5 | 188 | 2.8% | |
| 0.5 to 0.6 | 232 | 3.4% | |
| 0.6 to 0.7 | 232 | 3.4% | |
| 0.7 to 0.8 | 374 | 5.5% | |
| 0.8 to 0.9 | 373 | 5.5% | |
| 0.9 to 1.0 | 410 | 6.0% |
Frequently asked questions
What is the average correlation of CLH?
Clean Harbors, Inc (CLH) has an average correlation of about -0.124 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is CLH positively correlated with other stocks?
Not predominantly — 37.7% of pairs are positive and 62.3% are negative. Strong positive correlations (≥0.7) make up 17%.
What is the most common correlation range for CLH?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 18.1% of all pairs.
Explore the full interactive correlation distribution for CLH.
Open interactive dashboard →