Crane Company (CR) Correlation Distribution
Across 6,809 rolling correlation observations between Crane Company (CR) and other NASDAQ-listed stocks, 42.9% are positive and 57.1% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is -0.012, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 15.6% and strong negative correlations (≤−0.7) for 3.7%.
- Total observations
- 6,809
- Mean correlation
- -0.012
- Most common range
- -0.5 to -0.4
- Positive pairs
- 42.9%
- Strong positive (≥0.7)
- 15.6%
- Sector
- Miscellaneous Fabricated Metal Products
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 4 | 0.1% | |
| -0.9 to -0.8 | 126 | 1.9% | |
| -0.8 to -0.7 | 125 | 1.8% | |
| -0.7 to -0.6 | 565 | 8.3% | |
| -0.6 to -0.5 | 565 | 8.3% | |
| -0.5 to -0.4 | 678 | 10.0% | |
| -0.4 to -0.3 | 677 | 9.9% | |
| -0.3 to -0.2 | 426 | 6.3% | |
| -0.2 to -0.1 | 425 | 6.2% | |
| -0.1 to 0.0 | 294 | 4.3% | |
| 0.0 to 0.1 | 294 | 4.3% | |
| 0.1 to 0.2 | 255 | 3.7% | |
| 0.2 to 0.3 | 254 | 3.7% | |
| 0.3 to 0.4 | 238 | 3.5% | |
| 0.4 to 0.5 | 237 | 3.5% | |
| 0.5 to 0.6 | 291 | 4.3% | |
| 0.6 to 0.7 | 290 | 4.3% | |
| 0.7 to 0.8 | 454 | 6.7% | |
| 0.8 to 0.9 | 454 | 6.7% | |
| 0.9 to 1.0 | 157 | 2.3% |
Frequently asked questions
What is the average correlation of CR?
Crane Company (CR) has an average correlation of about -0.012 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is CR positively correlated with other stocks?
Not predominantly — 42.9% of pairs are positive and 57.1% are negative. Strong positive correlations (≥0.7) make up 15.6%.
What is the most common correlation range for CR?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 28.6% of all pairs.
Explore the full interactive correlation distribution for CR.
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