Costco Wholesale Corp (COST) Correlation Distribution
Across 6,809 rolling correlation observations between Costco Wholesale Corp (COST) and other NASDAQ-listed stocks, 39.1% are positive and 60.9% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.094, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 15.9% and strong negative correlations (≤−0.7) for 12%.
- Total observations
- 6,809
- Mean correlation
- -0.094
- Most common range
- -0.7 to -0.6
- Positive pairs
- 39.1%
- Strong positive (≥0.7)
- 15.9%
- Sector
- Retail-Variety Stores
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 19 | 0.3% | |
| -0.9 to -0.8 | 398 | 5.8% | |
| -0.8 to -0.7 | 397 | 5.8% | |
| -0.7 to -0.6 | 802 | 11.8% | |
| -0.6 to -0.5 | 801 | 11.8% | |
| -0.5 to -0.4 | 477 | 7.0% | |
| -0.4 to -0.3 | 477 | 7.0% | |
| -0.3 to -0.2 | 277 | 4.1% | |
| -0.2 to -0.1 | 277 | 4.1% | |
| -0.1 to 0.0 | 224 | 3.3% | |
| 0.0 to 0.1 | 224 | 3.3% | |
| 0.1 to 0.2 | 206 | 3.0% | |
| 0.2 to 0.3 | 205 | 3.0% | |
| 0.3 to 0.4 | 225 | 3.3% | |
| 0.4 to 0.5 | 224 | 3.3% | |
| 0.5 to 0.6 | 245 | 3.6% | |
| 0.6 to 0.7 | 245 | 3.6% | |
| 0.7 to 0.8 | 393 | 5.8% | |
| 0.8 to 0.9 | 392 | 5.8% | |
| 0.9 to 1.0 | 301 | 4.4% |
Frequently asked questions
What is the average correlation of COST?
Costco Wholesale Corp (COST) has an average correlation of about -0.094 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is COST positively correlated with other stocks?
Not predominantly — 39.1% of pairs are positive and 60.9% are negative. Strong positive correlations (≥0.7) make up 15.9%.
What is the most common correlation range for COST?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 20.8% of all pairs.
Explore the full interactive correlation distribution for COST.
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