CNHI (CNHI) Correlation Distribution
Across 6,654 rolling correlation observations between CNHI (CNHI) and other NASDAQ-listed stocks, 79.7% are positive and 20.3% are negative. The most common correlation range is 0.5 to 0.6, and the average pairwise correlation is 0.29, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 8.3% and strong negative correlations (≤−0.7) for 0.2%.
- Total observations
- 6,654
- Mean correlation
- 0.29
- Most common range
- 0.5 to 0.6
- Positive pairs
- 79.7%
- Strong positive (≥0.7)
- 8.3%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 8 | 0.1% | |
| -0.8 to -0.7 | 8 | 0.1% | |
| -0.7 to -0.6 | 65 | 1.0% | |
| -0.6 to -0.5 | 64 | 1.0% | |
| -0.5 to -0.4 | 164 | 2.5% | |
| -0.4 to -0.3 | 164 | 2.5% | |
| -0.3 to -0.2 | 220 | 3.3% | |
| -0.2 to -0.1 | 220 | 3.3% | |
| -0.1 to 0.0 | 437 | 6.6% | |
| 0.0 to 0.1 | 436 | 6.6% | |
| 0.1 to 0.2 | 639 | 9.6% | |
| 0.2 to 0.3 | 638 | 9.6% | |
| 0.3 to 0.4 | 712 | 10.7% | |
| 0.4 to 0.5 | 711 | 10.7% | |
| 0.5 to 0.6 | 807 | 12.1% | |
| 0.6 to 0.7 | 806 | 12.1% | |
| 0.7 to 0.8 | 277 | 4.2% | |
| 0.8 to 0.9 | 276 | 4.1% | |
| 0.9 to 1.0 | 2 | 0.0% |
Frequently asked questions
What is the average correlation of CNHI?
CNHI (CNHI) has an average correlation of about 0.29 with other NASDAQ stocks, based on 6,654 pairwise observations.
Is CNHI positively correlated with other stocks?
Mostly yes — 79.7% of pairs are positive and 20.3% are negative. Strong positive correlations (≥0.7) make up 8.3%.
What is the most common correlation range for CNHI?
The most common range is 0.5 to 0.6. Weak correlations (−0.3 to 0.3) account for 38.9% of all pairs.
Explore the full interactive correlation distribution for CNHI.
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