Carlisle Companies, Inc. (CSL) Correlation Distribution
Across 6,809 rolling correlation observations between Carlisle Companies, Inc. (CSL) and other NASDAQ-listed stocks, 39% are positive and 61% are negative. The most common correlation range is -0.7 to -0.6, and the average pairwise correlation is -0.107, indicating a negative co-movement bias. Strong positive correlations (≥0.7) account for 14.9% and strong negative correlations (≤−0.7) for 13.7%.
- Total observations
- 6,809
- Mean correlation
- -0.107
- Most common range
- -0.7 to -0.6
- Positive pairs
- 39%
- Strong positive (≥0.7)
- 14.9%
- Sector
- Fabricated Rubber Products, Nec
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 4 | 0.1% | |
| -0.9 to -0.8 | 464 | 6.8% | |
| -0.8 to -0.7 | 464 | 6.8% | |
| -0.7 to -0.6 | 769 | 11.3% | |
| -0.6 to -0.5 | 769 | 11.3% | |
| -0.5 to -0.4 | 455 | 6.7% | |
| -0.4 to -0.3 | 454 | 6.7% | |
| -0.3 to -0.2 | 270 | 4.0% | |
| -0.2 to -0.1 | 270 | 4.0% | |
| -0.1 to 0.0 | 233 | 3.4% | |
| 0.0 to 0.1 | 233 | 3.4% | |
| 0.1 to 0.2 | 217 | 3.2% | |
| 0.2 to 0.3 | 217 | 3.2% | |
| 0.3 to 0.4 | 214 | 3.1% | |
| 0.4 to 0.5 | 213 | 3.1% | |
| 0.5 to 0.6 | 274 | 4.0% | |
| 0.6 to 0.7 | 274 | 4.0% | |
| 0.7 to 0.8 | 453 | 6.7% | |
| 0.8 to 0.9 | 452 | 6.6% | |
| 0.9 to 1.0 | 110 | 1.6% |
Frequently asked questions
What is the average correlation of CSL?
Carlisle Companies, Inc. (CSL) has an average correlation of about -0.107 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is CSL positively correlated with other stocks?
Not predominantly — 39% of pairs are positive and 61% are negative. Strong positive correlations (≥0.7) make up 14.9%.
What is the most common correlation range for CSL?
The most common range is -0.7 to -0.6. Weak correlations (−0.3 to 0.3) account for 21.1% of all pairs.
Explore the full interactive correlation distribution for CSL.
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