Century Casinos Inc (CNTY) Correlation Distribution
Across 6,809 rolling correlation observations between Century Casinos Inc (CNTY) and other NASDAQ-listed stocks, 70.9% are positive and 29.1% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.275, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 25.5% and strong negative correlations (≤−0.7) for 3.9%.
- Total observations
- 6,809
- Mean correlation
- 0.275
- Most common range
- 0.7 to 0.8
- Positive pairs
- 70.9%
- Strong positive (≥0.7)
- 25.5%
- Sector
- Hotels & Motels
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 16 | 0.2% | |
| -0.9 to -0.8 | 125 | 1.8% | |
| -0.8 to -0.7 | 124 | 1.8% | |
| -0.7 to -0.6 | 296 | 4.3% | |
| -0.6 to -0.5 | 295 | 4.3% | |
| -0.5 to -0.4 | 244 | 3.6% | |
| -0.4 to -0.3 | 244 | 3.6% | |
| -0.3 to -0.2 | 202 | 3.0% | |
| -0.2 to -0.1 | 201 | 3.0% | |
| -0.1 to 0.0 | 237 | 3.5% | |
| 0.0 to 0.1 | 237 | 3.5% | |
| 0.1 to 0.2 | 290 | 4.3% | |
| 0.2 to 0.3 | 290 | 4.3% | |
| 0.3 to 0.4 | 428 | 6.3% | |
| 0.4 to 0.5 | 428 | 6.3% | |
| 0.5 to 0.6 | 707 | 10.4% | |
| 0.6 to 0.7 | 706 | 10.4% | |
| 0.7 to 0.8 | 806 | 11.8% | |
| 0.8 to 0.9 | 806 | 11.8% | |
| 0.9 to 1.0 | 127 | 1.9% |
Frequently asked questions
What is the average correlation of CNTY?
Century Casinos Inc (CNTY) has an average correlation of about 0.275 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is CNTY positively correlated with other stocks?
Mostly yes — 70.9% of pairs are positive and 29.1% are negative. Strong positive correlations (≥0.7) make up 25.5%.
What is the most common correlation range for CNTY?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 21.4% of all pairs.
Explore the full interactive correlation distribution for CNTY.
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