CMS Energy Corporation (CMS) Correlation Distribution
Across 6,809 rolling correlation observations between CMS Energy Corporation (CMS) and other NASDAQ-listed stocks, 52.2% are positive and 47.8% are negative. The most common correlation range is -0.3 to -0.2, and the average pairwise correlation is 0.04, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 1.4% and strong negative correlations (≤−0.7) for 0.8%.
- Total observations
- 6,809
- Mean correlation
- 0.04
- Most common range
- -0.3 to -0.2
- Positive pairs
- 52.2%
- Strong positive (≥0.7)
- 1.4%
- Sector
- Electric & Other Services Combined
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 27 | 0.4% | |
| -0.8 to -0.7 | 26 | 0.4% | |
| -0.7 to -0.6 | 97 | 1.4% | |
| -0.6 to -0.5 | 96 | 1.4% | |
| -0.5 to -0.4 | 260 | 3.8% | |
| -0.4 to -0.3 | 260 | 3.8% | |
| -0.3 to -0.2 | 844 | 12.4% | |
| -0.2 to -0.1 | 844 | 12.4% | |
| -0.1 to 0.0 | 802 | 11.8% | |
| 0.0 to 0.1 | 802 | 11.8% | |
| 0.1 to 0.2 | 606 | 8.9% | |
| 0.2 to 0.3 | 606 | 8.9% | |
| 0.3 to 0.4 | 515 | 7.6% | |
| 0.4 to 0.5 | 515 | 7.6% | |
| 0.5 to 0.6 | 208 | 3.1% | |
| 0.6 to 0.7 | 208 | 3.1% | |
| 0.7 to 0.8 | 46 | 0.7% | |
| 0.8 to 0.9 | 45 | 0.7% | |
| 0.9 to 1.0 | 2 | 0.0% |
Frequently asked questions
What is the average correlation of CMS?
CMS Energy Corporation (CMS) has an average correlation of about 0.04 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is CMS positively correlated with other stocks?
Mostly yes — 52.2% of pairs are positive and 47.8% are negative. Strong positive correlations (≥0.7) make up 1.4%.
What is the most common correlation range for CMS?
The most common range is -0.3 to -0.2. Weak correlations (−0.3 to 0.3) account for 66.1% of all pairs.
Explore the full interactive correlation distribution for CMS.
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