CRH Public Limited Company (CRH) Correlation Distribution
Across 6,809 rolling correlation observations between CRH Public Limited Company (CRH) and other NASDAQ-listed stocks, 41.5% are positive and 58.5% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is -0.029, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 16.2% and strong negative correlations (≤−0.7) for 6.7%.
- Total observations
- 6,809
- Mean correlation
- -0.029
- Most common range
- -0.5 to -0.4
- Positive pairs
- 41.5%
- Strong positive (≥0.7)
- 16.2%
- Sector
- Cement, Hydraulic
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 12 | 0.2% | |
| -0.9 to -0.8 | 222 | 3.3% | |
| -0.8 to -0.7 | 222 | 3.3% | |
| -0.7 to -0.6 | 521 | 7.7% | |
| -0.6 to -0.5 | 520 | 7.6% | |
| -0.5 to -0.4 | 717 | 10.5% | |
| -0.4 to -0.3 | 716 | 10.5% | |
| -0.3 to -0.2 | 386 | 5.7% | |
| -0.2 to -0.1 | 386 | 5.7% | |
| -0.1 to 0.0 | 281 | 4.1% | |
| 0.0 to 0.1 | 280 | 4.1% | |
| 0.1 to 0.2 | 232 | 3.4% | |
| 0.2 to 0.3 | 231 | 3.4% | |
| 0.3 to 0.4 | 227 | 3.3% | |
| 0.4 to 0.5 | 226 | 3.3% | |
| 0.5 to 0.6 | 263 | 3.9% | |
| 0.6 to 0.7 | 262 | 3.8% | |
| 0.7 to 0.8 | 388 | 5.7% | |
| 0.8 to 0.9 | 388 | 5.7% | |
| 0.9 to 1.0 | 329 | 4.8% |
Frequently asked questions
What is the average correlation of CRH?
CRH Public Limited Company (CRH) has an average correlation of about -0.029 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is CRH positively correlated with other stocks?
Not predominantly — 41.5% of pairs are positive and 58.5% are negative. Strong positive correlations (≥0.7) make up 16.2%.
What is the most common correlation range for CRH?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 26.4% of all pairs.
Explore the full interactive correlation distribution for CRH.
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