Cirrus Logic Inc (CRUS) Correlation Distribution
Across 6,809 rolling correlation observations between Cirrus Logic Inc (CRUS) and other NASDAQ-listed stocks, 46.1% are positive and 53.9% are negative. The most common correlation range is -0.3 to -0.2, and the average pairwise correlation is 0.027, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 4% and strong negative correlations (≤−0.7) for 0.1%.
- Total observations
- 6,809
- Mean correlation
- 0.027
- Most common range
- -0.3 to -0.2
- Positive pairs
- 46.1%
- Strong positive (≥0.7)
- 4%
- Sector
- Semiconductors & Related Devices
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 4 | 0.1% | |
| -0.8 to -0.7 | 3 | 0.0% | |
| -0.7 to -0.6 | 139 | 2.0% | |
| -0.6 to -0.5 | 139 | 2.0% | |
| -0.5 to -0.4 | 692 | 10.2% | |
| -0.4 to -0.3 | 691 | 10.1% | |
| -0.3 to -0.2 | 767 | 11.3% | |
| -0.2 to -0.1 | 767 | 11.3% | |
| -0.1 to 0.0 | 470 | 6.9% | |
| 0.0 to 0.1 | 469 | 6.9% | |
| 0.1 to 0.2 | 372 | 5.5% | |
| 0.2 to 0.3 | 371 | 5.4% | |
| 0.3 to 0.4 | 358 | 5.3% | |
| 0.4 to 0.5 | 357 | 5.2% | |
| 0.5 to 0.6 | 471 | 6.9% | |
| 0.6 to 0.7 | 470 | 6.9% | |
| 0.7 to 0.8 | 135 | 2.0% | |
| 0.8 to 0.9 | 134 | 2.0% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of CRUS?
Cirrus Logic Inc (CRUS) has an average correlation of about 0.027 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is CRUS positively correlated with other stocks?
Not predominantly — 46.1% of pairs are positive and 53.9% are negative. Strong positive correlations (≥0.7) make up 4%.
What is the most common correlation range for CRUS?
The most common range is -0.3 to -0.2. Weak correlations (−0.3 to 0.3) account for 47.2% of all pairs.
Explore the full interactive correlation distribution for CRUS.
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